Achievements
Andrew (Andy) S. Grove participated in the founding, and is the former president, CEO and chairman, and present senior advisor of Intel Corporation. In 1997, he was named Time Magazine’s Man of the Year. In 2004, Dr. Grove was honored as the Most Influential Business Person in the Last Twenty-Five Years by the Wharton School of Business and the Nightly Business Report. His books on management include High Output Management (1983), One-on-One With Andy Grove (1987), Only the Paranoid Survive (1996), and Strategic Dynamics: Concepts and Cases, co-authored by Robert A. Burgelman, (2005). His autobiography, Swimming Across, was published in 2001.
Career Highlights
Andrew Grove was born in Budapest, Hungary in 1936. He graduated from the City College of New York in 1960 with a Bachelor of Chemical Engineering degree and received his Ph.D. from the University of California, Berkeley in 1963. Upon graduation, he joined the R&D laboratory of Fairchild Semiconductor and became assistant director of R&D in 1967. He taught a graduate course in semiconductor device physics at the University of California, Berkeley for six years. He currently is a lecturer at the Stanford University Graduate School of Business, teaching a course entitled "Strategy and Action in the Information Processing Industry".
At Fairchild, along with the head of the research department, Gordon Moore, and two other colleagues, Bruce Deal and Edward Snow, Grove helped to create the first marketable silicon-based integrated circuit. This was a major step for the computer industry. In July 1968, Andy Grove participated in the founding of Intel Corporation (short for Integrated Electronics). In 1979 he was named its president, and in 1987 - chief executive officer. In May 1997 he was named chairman and CEO, and in May 1998 he relinquished his CEO title. He stepped down as chairman in May 2005, and remains Intel’s senior advisor.
Leadership Experience
For 30 years, Andrew Grove has served in a variety of high-level posts at Intel, considered one of the most powerful microprocessor manufacturers in the world. He is highly regarded both as a physicist in the field of semiconductors as well as an expert in management. With Intel, he has helped to usher in an information revolution unmatched by anything since the invention of the printing press. Grove's hard work and demanding management style, while criticized by many, brought ever-increasing profits for Intel. Nowadays Intel controls 90% of the microprocessor market. "A fundamental rule in technology says that whatever can be done will be done”, - said Grove once.
But during Intel’s history Andy Grove had to overcome some serious crises. The first major one began in the mid-1970s, when Japanese companies, that could manufacture memory chips at much lower costs, began dumping large quantities of cut-rate chips on American markets, seriously reducing demand for Intel's products. Grove responded by shifting their emphasis to microprocessors, but many rival American companies collapsed under the pressure. In 1981, the chip market took another nosedive, and once again, many companies were caught unprepared. Grove, rather than laying off employees, ordered them to work 25 percent overtime for free. The strategy succeeded, and Intel survived.
A more detailed biography can be found online at http://www.intel.com/pressroom/kits/bios/grove/bio2.htm
Background Links
Only the Paranoid Survive, Andy Grove
The Education of Andy Grove, Fortune
Intel.com
