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: “We managers like to talk about change, so much that embracing change has become a cliché of management,” Andy Grove writes in Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company.
But not all changes are the same.
What Andy calls “a strategic inflection point is not just any change,” he notes. “It compares to change the way Class VI rapids on a … continue reading
1: Then Intel CEO Andy Grove was sitting in a conference room with other members of the Intel team.
The topic? “Evaluations of a certain highly touted new software from a company whose other products we already use,” Andy writes in his legendary business book, Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company.
Intel’s head of Information Technology shared the challenges her team … 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: There are two traps CEOs and leadership teams fall into regarding innovation.
Trap #1: “The minute we think we truly understand the customer and can take our attention off discovering what matters, we’re dead,” Panera founder Ron Shaich writes in Know What Matters: Lessons from a Lifetime of Transformations.
“Sooner or later,” Ron notes, “even the most brilliant and innovative concept will fall behind the times and become … continue reading
1: “So tell me this,” the young executive asked, “Is Panera almost as good as Donatos?”
“Is he joking?” Panera Bread CEO Ron Shaich thought to himself.
It was the early 2000s. Ron was sitting in an executive boardroom at McDonald’s headquarters outside Chicago. Ten years earlier, he had purchased the St. Louis Bread Company and renamed it Panera.
On the other side of the table were members of McDonald’s … 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: Getting better at getting better is what RiseWithDrew is all about.
Monday through Thursday, we explore ideas from authors, thought leaders, and exemplary organizations. On Friday, I share something about myself or what we’re working on at PCI.
Last month, I shared my proven annual goal-setting process. For the past seven years, I have selected ten annual goals. Which I call “The 10.”
I select my goals from … continue reading
Yesterday, we explored the idea of living a new, more intentional life. Today, let’s dig into the first concrete step to make it a reality.
What all does this require?
Getting up an hour earlier to create a “Miracle Morning,” the title of Hal Elrod’s terrific book.
Now what?
After committing to this change, how do we structure our mornings for maximum impact across key areas: physical, … continue reading
1: “Imagine we’re floating in a clear blue ocean—somewhere warm like Hawaii or Mexico,” Ron Shaich writes in his terrific book Know What Matters: Lessons from a Lifetime of Transformations.
“Waves are breaking and rolling toward the white, sandy beach,” Ron notes. “We know that’s where we are headed, so our ultimate destination is clear. And we know that any wave will take you to shore.
“But not just … continue reading
