Page "Andrew Grove" Paragraph 15
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Grove created a culture within Intel that allowed innovation to flourish.
As CEO, he wanted his managers to always encourage experimentation and prepare for changes, making a case for the value of paranoia in business.
He became known for his guiding motto: " Only the paranoid survive ," and wrote a management book with the same title.
According to Grove, " Business success contains the seeds of its own destruction ," explaining that " Success breeds complacency.
Complacency breeds failure.
Only the paranoid survive.
" As a result, he urges senior executives to allow people to test new techniques, new products, new sales channels, and new customers, to be ready for unexpected shifts in business or technology.
Biographer Jeremy Byman observes that Grove " was the one person at Intel who refused to let the company rest on its laurels.
" Grove explains his reasoning:
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