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

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Title: Only the Paranoid Survive : How to Exploit the Crisis Points That Challenge Every Company
by Andrew S. Grove
ISBN: 0-385-48382-1
Publisher: Doubleday
Pub. Date: 16 March, 1999
Format: Paperback
Volumes: 1
List Price(USD): $16.95
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Average Customer Rating: 4.57 (14 reviews)

Customer Reviews

Rating: 4
Summary: Always look over your shoulder
Comment: Grove's book presents an interesting paradox. For a company to excel, it must move quickly and confidently when it reaches what he calls a "strategic inflection point", or a sea-change in the way the industry in question conducts business. The problem is, it is impossible to predict exactly when these inflection points might appear or what their nature might be.

The solution Grove provides in the title of this book is no doubt framed on the walls of executives around the world. A great company must be paranoid-- always suspicious that competitors are gaining on them, constantly worried that they are missing something important, never growing comfortable with the status quo. Only by making these "flaws" a part of the company's culture can a firm be more prepared for strategic inflection points and more able to quickly respond to them.

This concept is an important one that any senior manager should make part of his or her managerial philosophy. When things are going good-- especially when things are going good-- that is when you should spend the most time wondering what might make your company obsolete overnight. These days a company might find itself in a fight for survival with competitors it never imagined as a threat, and the firm that is constantly reviewing and revising the way it does business is far more likely to adapt and survive than one that sits back and rests on its laurels.

Rating: 5
Summary: Candid and truthfull
Comment: This book is an enjoyable read that is written by the CEO of Intel, this book is noteworthy in that it describes in detail a rare event: the successful change in business models of an already large and successful company. Grove describes the influences of the overall business environment (and in particular addresses the concept of a "strategic inflection point"), the political dynamics and drama within Intel, and a candid view of what went on in his own head as Intel faced a crisis that could well have ended in disaster rather than triumph. Grove does a great service to other executives by reflecting on what he learned from this and related events at Intel. There is much to learn from here.

Rating: 5
Summary: Andy Grove is a rare prophet
Comment: Very few people in history have the true gift of foresight; Andy Grove is certaintly one of those people. It also shows people like Nick Carr can be idiots. He proclaimed that "I.T. is dead". Nick Carr thinks he is smart because he is able to see a few years into the future and pat himself on the back for it at the same time. Andy Grove's vision is not linear and thus allows him to anticipate changes in business paradigms and to distinguish between tech fads and tech innovations. Ironically, the chapter that made the most sense to me was regarding inflection points in your career.

This book is a must read even if you don't have any inclination for business. Andy Grove has sound and practical advice for anyone to follow.

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