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Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.
Andy Grove
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Andy Grove
Age: 79 †
Born: 1936
Born: August 2
Died: 2016
Died: March 21
Businessman
Computer Scientist
Engineer
Entrepreneur
Writer
Buda Pest
Andrew Stephen Grove
Andy Grove
András István Gróf
Andras Istvan Grof
Crisis
Company
Great
Good
Improved
Survive
Companies
Destroyed
More quotes by Andy Grove
I have been quoted saying that, in the future, all companies will be Internet companies. I still believe that. More than ever, really
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The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example.
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No problem is so complicated that you cannot make it more complicated.
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Technology happens, it's not good, it's not bad. Is steel good or bad?
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Make mistakes faster.
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I think it is very important for you to do two things: act on your temporary conviction as if it was a real conviction and when you realize that you are wrong, correct course very quickly.
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Competition is warfare. Mostly it is played by prescribed rules--there is a sort of Geneva Convention for competition--but it's thorough and often brutal.
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Accept that no matter where you go to work, you are not an employee you are a business with one employee, you. Nobody owes you a career. You own it, as a sole proprietor.
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I was glad I liked chemistry.
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Just as we could have rode into the sunset, along came the Internet, and it tripled the significance of the PC.
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It's not enough to make time for your children. There are certain stages in their lives when you have to give them the time when they want it. You can't run your family like a company. It doesn't work.
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The Internet doesn't change everything. It doesn't change supply and demand. It doesn't magically allow you to build businesses by turning investors' money into operating expenses indefinitely. The money always runs out eventually.. the Internet doesn't change that, as we have seen.
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If the brutal facts are not faced by leaders, the brutal reality sets in.
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The future is going to take care of itself, like it always has.
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So give me a turbulent world as opposed to a quiet world and I'll take the turbulent one.
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If the world operates as one big market, every employee will compete with every person anywhere in the world who is capable of doing the same job. There are lots of them and many of them are hungry
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The Lesson is, we all need to expose ourselves to the winds of change
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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.
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The worse the news, the more effort should go into communicating it.
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How can you motivate yourself to continue to follow a leader when he appears to be going around in circles?
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