#TurnPage - only the paranoid survive: how to exploit the crisis

Title: Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company

Author(s): Andrew S. Grove

Year: 1996 (First published), 1999 (Reprint edition)

Publisher: Crown Publishing Group

ISBN: 9780385483827

Description:

"Only the Paranoid Survive" is a business book written by Andrew S. Grove, the former CEO and Chairman of Intel Corporation. The book explores the concept of "strategic inflection points" - critical moments in a business when massive change occurs and all the rules shift fast and forever. These inflection points can either lead a company to decline or provide opportunities for growth and success.

Drawing on his experience as CEO of Intel, where he transformed the company into the world's largest computer chipmaker and the 7th most profitable company in the Fortune 500, Grove shares insights on how to identify and exploit these key moments of change. He emphasizes the necessity of maintaining a healthy dose of paranoia in business, constantly being vigilant about potential threats and opportunities.

The book details Grove's personal experiences navigating several strategic inflection points at Intel, including the transition from producing memory chips to microprocessors and handling the Pentium chip crisis in 1994. Grove argues that complacency and denial are enemies of survival, and leaders must be willing to challenge the status quo, make tough decisions, and communicate clearly with their teams during periods of uncertainty.

As Steve Jobs noted about the book: "This book is about one super-important concept. You must learn about 'Strategic Inflection Points', because sooner or later you are going to live through one."