Word: intel
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...were walking in the Washington, D.C. zoo. According to a 1997 Time magazine article, Moore turned to Grove and said then "One day you'll run Intel...
...Grove became the president of Intel, and in 1987, CEO. The company...
Even so, the economy's slowdown almost killed Intel and led Grove to develop his theory of "strategic inflection points (SIPs)." According to the philosophy, every company occasionally faces do-or-die moments...
Such an opportunity looked Grove squarely in the eye in the mid-1980s. Intel was attached to its computer memory chips, known as DRAMs. But the company watched warily as the market was invaded by sleeker and cheaper DRAMs manufactured by Japanese competitors who persisted in undercutting Intel's prices, trying to drive the company out of business...
...Intel faced a SIP, and Grove had to make a decision. His choice eventually earned Intel a fortune and gave him a reputation as the managerial master of Silicon Valley...