Only the Paranoids Survive. How to Use Crisis Periods That Every Company Faces

The success of any company depends on the ability of its managers to act correctly in crisis situations. The author of the book "Only the Paranoids Survive," Andrew Grove, led Intel during the most challenging moments in its history, when the existence of the company was at stake. The story described in the book of overcoming a crisis, first caused by the emergence of memory module competitors from Japan, and later by a mistake in the Pentium processor, has become a classic and is used in business schools as an example of effective actions. This book is more than just the story of Intel. Andrew Grove, who made a unique career in the high-tech industry, managed to generalize the experience not only of Intel but also of companies such as IBM, Compaq, AT&T, and others, creating a kind of textbook on business management in crisis situations. He introduces the concept of "strategic inflection point" - i.e., a situation in which the usual balance of power in the industry changes completely.