Back in 2016 at Ola, the management team was advised to read Andy Grove’s “Only the Paranoid Survive” .
The hope was to keep us grounded – constantly aware and never get comfortable with the status quo, no matter how good things seemed.
Two quotes from that book stuck with me ever since:
- “Success breeds complacency. Complacency breeds failure.”
- “What if we were replaced, what would the new CEO do?”
Now, reading about Intel – the very company that spearheaded the modern chip industry, possibly being carved up and sold to competitors, made me wonder:
- How did Intel, with such an incredible legacy, lose its way?
- Did complacency creep in after years of dominance?
- Where did Intel falter in adapting to the changing market?
Chips are so much more than components now – they’re geopolitical chess pieces, driving global growth and shaping the new world order.
Honestly, it is a bit disheartening to see the company that started this whole revolution struggling to stay relevant.
Perhaps it’s time for Intel’s current leadership to revisit Andy Grove’s book. Maybe there are lessons they can learn to navigate their current juncture and turn things around.
Broadcom, TSMC eye possible Intel deals to split storied chipmaker