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: I’m often credited with the motto, “Only the paranoid survive,” former Intel Chairman and CEO Andy Grove writes in his legendary business book of the same name.

“I have no idea when I first said this,” Andy notes, “but the fact remains that, when it comes to business, I believe in the value of paranoia.”

Why?

Because “business success contains the seeds of its own destruction,” he observes. “The … 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