Saturday, January 07, 2012

10 quotes from Andy Grove, former CEO of Intel

In 1997, CEO magazine chose Andy Grove as its "CEO of the Year," and Time magazine made him "Man of the Year." He built Intel into the 7th largest corporation in the world. He is now an adviser to Intel and a strategy lecturer at Stanford University. He was also one of the mentors of Steve Jobs.

Here are 10 quotes from Andy Grove:

"When TV first came, people tried to look at it as a radio with pictures. We're at the stage now where the Internet is TV with poor connections."

"A fundamental rule in technology says that whatever can be done will be done."

"Success breeds complacency. Complacency breeds failure. Only the paranoid survive."

"Just as you would not permit a fellow employee to steal a piece of office equipment, you shouldn't let anyone walk away with the time of his fellow managers."

"Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite."

"You have to pretend you're 100 percent sure. You have to take action; you can't hesitate or hedge your bets. Anything less will condemn your efforts to failure."

"Technology happens, it's not good, it's not bad. Is steel good or bad?"

"People can't memorize computer industry acronyms"

"Your career is your business, and you are its CEO"

In 2000, Grove encouraged America to be "vigilant as a nation to have tolerance for difference, a tolerance for new people." He pointed out that immigration and immigrants are what made America what it is.

Source: Wikipedia

I read his 1996 book "Only the paranoid survive". For me, it is one of the best strategy book in information and communications industries.

Louis Rhéaume
Infocom Intelligence
louis@infocomintelligence.com
Twitter: @InfocomAnalysis

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