Word: groves
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...TIME chooses as its 1997 Man of the Year Andrew Steven Grove, chairman and CEO of Intel, the person most responsible for the amazing growth in the power and innovative potential of microchips. His character traits are emblematic of this amazing century: a paranoia bred from his having been a refugee from the Nazis and then the Communists; an entrepreneurial optimism instilled as an immigrant to a land brimming with freedom and opportunity; and a sharpness tinged with arrogance that comes from being a brilliant mind on the front line of a revolution...
Like his fellow wealth builders of the digital age, Grove's mission is his product, and he shuns the philosophical mantle and higher callings often adopted by titans of an earlier era. Ask him to ruminate on issues like the role of technology in our society, and his pixie face contorts into a frozen smile with impatient eyes. "Technology happens," he clips. "It's not good, it's not bad. Is steel good or bad?" The steel in his own character comes through at such moments. He has a courageous passion alloyed with an engineer's analytic coldness, whether...
These traits have allowed Grove to push with paranoiac obsession the bounds of innovation and to build Intel, which makes nearly 90% of the planet's PC microprocessors, into a company worth $115 billion (more than IBM), with $5.1 billion in annual profits (seventh most profitable in the world) and an annual return to investors of 44% during the past 10 years. Other great entrepreneurs, most notably the visionary wizard Bill Gates, have become richer and better known by creating the software that makes use of the microchip. But more than any other person, Andy Grove has made real...
...dawn of a new millennium--which is the grandest measure we have of human time--permits us to think big about history. We can pause to notice what Grove calls, somewhat inelegantly, "strategic inflection points," those moments when new circumstances alter the way the world works, as if the current of history goes through a transistor and our oscilloscopes blip. It can happen because of an invention (Gutenberg's printing press in the 15th century), or an idea (individual liberty in the 18th century), or a technology (electricity in the 19th century) or a process (the assembly line early...
TIME Man of the Year: Andrew Grove He?s in the chips: Intel?s head honcho nets TIME?s most prestigious moniker...