Only the Paranoid Survive
by Andrew S. Grove
Grove on strategic inflection points: the moment the fundamentals of a business change by an order of magnitude, as happened to Intel when Japanese memory makers forced it into microprocessors. He explains how to detect them (listen to the Cassandras, note when the middle managers act differently) and how to lead through the 'valley of death'.
Read it if…
you suspect your industry is shifting under you and want a playbook from someone who survived one.
Skip it if…
you want general management; see High Output Management.
Three things you will actually use
- Inflection points are visible first at the edges of the organisation.
- Act before the data is conclusive; it never will be.
- Clarity of direction matters more than being right about every detail.
Do this first
Ask: if we were replaced tomorrow, what would the new management do? Then ask why you are not doing it.
Our verdict
How to survive an inflection point.
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