Grove's contribution to business thinking concerns a new way of measuring thenightmare moment every leader dreads--the moment when massive change occurs andall bets are off. The success you had the day before is gone, destroyed byunforeseen changes that hit like a stage-six rapid. Grove calls such momentsStrategic Inflection Points, and he has lived through several. When SlPs hit, all rules of business shift fast, furiously, and forever. SlPs can be set offby almost anything--megacompetition, an arcane change in regulations, or aseemingly modest change in technology.
Yet in the watchful leader's hand, SlPs can be an ace. Managed right, a companycan turn a SIP into a positive force to win in the marketplace and emergestronger than ever.
To achieve that level of mastery over change, you must know its propertiesinside and out. Grove addresses questions such as these: What are the stages ofthese tidal waves? What sources do you turn to in order to foresee dangersbefore trouble announces itself? When threats abound, how do you dealwith youremotions, your calendar, your career--as well as with your most loyal managersand customers, who may cling to tradition?
No stranger to risk, Grove examines his own record of success and failure, including the drama of how he navigated the events of the Pentium flaw, whichthreatened Intel in a major way, and how he is dealing with the SIP brought onby the Internet. The work of a lifetime of reflection, "Only the ParanoidSurvive" is a contemporary classic of leadership skills.
"This terrific book is a dangerous book. It will make people think."
"This books is about one super-important concept. You must learn about Strategic Inflection Points, because sooner or later you are going to live through one."
--Steve Jobs, Pixar Animation Studios less
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Charles T. Munger Vice Chairman/Berkshire HathawayIn my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time -- none, zero. You'd be amazed at how much Warren reads -- and at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out. (Source)