Category

crisis management

Category

1: Do you believe that all meaningful problems are deeply rooted and difficult to change?

David Yeager, a mindset researcher at the University of Texas at Austin, shares a story that reveals how deep people’s skepticism can run about the power of short interventions to improve people’s lives.

This week we’re examining multiple studies that show your mindset, or how you think about something, can have a profound impact … continue reading

1: You’ve got it all wrong.

You’ve been taught that stress is bad for you.

This belief is harmful, Kelly McGonigal argues in The Upside of Stress.

“The best way to manage stress isn’t to reduce or avoid it, but rather to rethink and even embrace it.”

The fight-or-flight survival instinct is part of your stress response.  When something major happens, your sympathetic nervous system mobilizes your entire body.… continue reading

1: How do you personally respond when adversity strikes?

Do you see adversity as a challenge you can meet, or as a threat that could overwhelm you?

Your perspective on adversity significantly impacts your life.

Good news: There’s a proven way to shift from threat to challenge. Read on to learn how.

“In a threat mindset, you focus on the potential for risk, danger, harm, or loss,” Jane McGonigal writes … continue reading

1: “There’s wind and then there’s a typhoon, there are waves and then there’s a tsunami,” Andy Grove writes in Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company.

The same is true in business.

“There are competitive forces and then there are supercompetitive forces,” he notes.

Andy calls it a “10X” change.

2: Harvard Professor Michael Porter identified the various forces that determine … continue reading

1: Intel president Andy Grove was nervous.

It was 1986. Andy had flown to Oregon to address Intel’s best developers, recognizing that the company stood at a crossroads, he writes in his book Only the Paranoid Survive.

Since the company’s inception, memory chips had been the company’s core business.

But now the company was exiting the memory chip business because Japanese competitors had entered the market with higher quality … continue reading

1: “We had lost our bearings. We were wandering in the valley of death,” Andy Grove writes in his book Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company.

The year was 1984, a pivotal moment for Intel.

The company had been founded 16 years earlier.  “Every start-up has some kind of a core idea,” Andy notes.

“Ours was simple. Semiconductor technology had … continue reading

1: In the middle of the dot-com crash, against all odds, Ben Horowitz had succeeded in finding a buyer for Loudcloud, the cloud computing company he had founded.

EDS agreed to acquire the firm for $63.5 million in cash, along with the associated liabilities and cash burn.

Not only that, “we would retain the intellectual property, Opsware, and become a software company,” Ben writes.

“EDS would then license … continue reading

1: “Remember, Ben, things are always darkest before they go completely black,” said Netscape founder Marc Andreessen to his business partner and then Loudcloud CEO Ben Horowitz.

“He was joking, but as we entered our first quarter as a public company, those words seemed prescient,” Ben writes in his wonderful book The Hard Thing About Hard Things about being a Wartime CEO. The year was 2001. It was … continue reading

1: It was the middle of the dot-com implosion in 2001. Loudcloud CEO Ben Horowitz sat in his office, arms folded.

Across from him sat two colleagues, both of whom had graduated from Stanford Business School.

They presented forty-five slides about why Ben’s decision to start a software division was “quixotic, misguided, and downright stupid,” he writes in his book The Hard Thing About Hard Things.

“They argued that … continue reading

1: “Should Yahoo bring back Koogle?”

Felicia Horowitz smiled at her husband, venture capitalist Ben Horowitz.

“Huh?”

It was 2012, and Yahoo had just fired its CEO, Scott Thompson.

Tim Koogle? How do you even know who Tim Koogle is?” he writes in his book The Hard Thing About Hard Things.

Felicia then recalled a conversation they had shared eleven years earlier, back in 2001.… continue reading