Just finished reading your book and thought it was very informative. If you have another revision of the book there's another story you might want to include about a major corporation that figured out when to abandon their major line of business. Intel was a semiconductor company when it was founded and they had a major share of the mem…
Just finished reading your book and thought it was very informative. If you have another revision of the book there's another story you might want to include about a major corporation that figured out when to abandon their major line of business. Intel was a semiconductor company when it was founded and they had a major share of the memory market in the 70's and 80's but Japanese manufacturers were taking market share and driving prices down precipitously. In the mid 80's the leaders Andy Grove and Gordon Moore had a conversation. As NPR reports
Grove says he and Moore were in his cubicle, "sitting around ... looking out the window, very sad." Then Grove asked Moore a question. "What would happen if somebody took us over, got rid of us — what would the new guy do?" he said. "Get out of the memory business," Moore answered. Grove agreed. And he suggested that they be the ones to get Intel out of the memory business.
Just finished reading your book and thought it was very informative. If you have another revision of the book there's another story you might want to include about a major corporation that figured out when to abandon their major line of business. Intel was a semiconductor company when it was founded and they had a major share of the memory market in the 70's and 80's but Japanese manufacturers were taking market share and driving prices down precipitously. In the mid 80's the leaders Andy Grove and Gordon Moore had a conversation. As NPR reports
Grove says he and Moore were in his cubicle, "sitting around ... looking out the window, very sad." Then Grove asked Moore a question. "What would happen if somebody took us over, got rid of us — what would the new guy do?" he said. "Get out of the memory business," Moore answered. Grove agreed. And he suggested that they be the ones to get Intel out of the memory business.
https://www.npr.org/2012/04/06/150057676/intel-legends-moore-and-grove-making-it-last