Andrew Grove
| Andrew Grove | |
|---|---|
 Grove (left, together with Klaus Schwab), 1997 |
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| Born | September 2, 1936 Budapest, Hungary |
| Alma mater | University of California, Berkeley |
| Occupation | Senior advisor, former Chairman and CEO, Intel Corporation |
| Awards | Time Person of the Year 1997 |
Andrew Stephen "Andy" Grove (Hungarian: Gróf András István; born 2 September 1936) is a Hungarian American businessman and engineer. He was one of the earliest employees of Intel Corporation and ultimately played key leadership roles in its success.
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[edit] Early life and education
Grove was born to a middle-class Jewish family in Budapest, Hungary. Growing up, he was known to friends as "Andris". At the age of four, Andris was diagnosed with scarlet fever. The disease was nearly fatal, and while he survived, he suffered significant hearing loss as a result. During the Hungarian Revolution of 1956 he left his home and family under the cover of night and emigrated to the United States, arriving in New York City in 1957.[1] Grove and his wife Eva were married in 1958 and raised two daughters.
Grove earned a bachelor's degree in chemical engineering from the City College of New York in 1960, and earned a Ph.D. in chemical engineering from the University of California, Berkeley in 1963.
[edit] Career
Grove worked at Fairchild Semiconductor before becoming the third employee at the nascent Intel Corporation. He became Intel's president in 1979, its CEO in 1987, and its Chairman and CEO in 1997.
Grove is credited with having transformed Intel from a manufacturer of memory chips into one of the world's dominant producers of microprocessors. During his tenure as CEO, Grove oversaw a 4,500% increase in Intel's market capitalization from $4 billion to $197 billion, making it, at the time, the world's most valuable company.[2] He relinquished his CEO title in May 1998 and remained chairman of the board until November 2004. Grove continues his work at Intel as a senior advisor.
Grove was Intel's third employee, though he received employee number four due to a clerical error;[citation needed] Leslie L. Vadász was Intel's fourth employee.[3]
Robert Noyce and Gordon E. Moore were the co-founders of Intel, along with six others who left Fairchild Semiconductor. Noyce claims to have been the catalyst of the group, and some suggest that the relaxed culture at Intel[citation needed] was a carryover from Noyce's style at Fairchild. Grove, on the other hand, was fiercely competitive, and he and the company became known for his guiding motto: "Only the paranoid survive". Noyce was essentially anti-competitive, even to the extent that, as Tom Wolfe in Hooking Up points out, all spaces in the parking lot were fair game, first come, first served. This difference in styles reputedly[citation needed] caused some degree of friction between Noyce and Grove.
[edit] Honors and achievements
- On August 25, 2009, California Governor Arnold Schwarzenegger announced that Grove would be one of 13 California Hall of Fame inductees in The California Museum's yearlong exhibit. The induction ceremony was on December 1, 2009 in Sacramento.
- Strategic Management Society's Lifetime Achievement Award (2001) [4]
- IEEE Medal of Honor (2000) [5]
- Time Magazine's Man of the Year (1997) [6]
- Industry Week's Technology Leader of the Year (1997) [7]
- CEO magazine's CEO of the Year (1997) [8]
- The 1st Annual Heinz Award in Technology, the Economy and Employment[9]
- AEA Medal of Achievement award (1993)
- IEEE Engineering Leadership Recognition Award (1987) [10]
- Franklin Institute Certificate of Merit (1975)
- In 2006 he made a 26,000,000 USD donation to City College of New York, the largest donation ever made to that school.
[edit] Books written by Andrew Grove
- A. S. Grove (1967). Physics and Technology of Semiconductor Devices. Wiley. ISBN 0471329983.
- A. S. Grove (1988). One on One With Andy Grove. Penguin Putnam. ISBN 0140109358.
- A. S. Grove (1995). High Output Management. Random House. ISBN 0679762884. (originally published in 1983)
- A. S. Grove (1996). Only the Paranoid Survive. Doubleday. ISBN 0385482582.
- A. S. Grove (2001). Swimming Across: A Memoir. ISBN 0446679704.
- Robert Burgelman and A. S. Grove (2001). Strategy Is Destiny: How Strategy-Making Shapes a Company's Future. ISBN 0684855542.
- Robert A. Burgelman, Andrew S. Grove and Philip E. Meza (2005). Strategic Dynamics: Concepts and Cases. McGraw-Hill/Irwin. ISBN 0073122653.
[edit] Quotes
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- "City College is the American Dream Machine."[11]
- "When TV first came, people tried to look at it as a radio with pictures. We're at the stage now where the Internet is TV with poor connections."
- "A fundamental rule in technology says that whatever can be done will be done."
- "Success breeds complacency. Complacency breeds failure. Only the paranoid survive."
- "Just as you would not permit a fellow employee to steal a piece of office equipment, you shouldn't let anyone walk away with the time of his fellow managers."
- "Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite."
- "You have to pretend you're 100 percent sure. You have to take action; you can't hesitate or hedge your bets. Anything less will condemn your efforts to failure."
- "Technology happens, it's not good, it's not bad. Is steel good or bad?"[6]
- "People can't memorize computer industry acronyms"
- "Your career is your business, and you are its CEO"
[edit] References
- ^ Grove has recounted the tale of his early years, his escape from Hungary, and settling in New York with a new name and a new life in his memoir "Swimming Across."
- ^ "Conde Nast Porfolio Executive Profiles". Portfolio.com. Archived from the original on 2007-12-02. http://web.archive.org/web/20071202034918/http://www.portfolio.com/resources/executive-profiles/21463. Retrieved 2007-12-06.
- ^ Gaither, Chris (2001-11-12). "Andy Grove's Tale of His Boyhood in Wartime". The New York Times. http://query.nytimes.com/gst/fullpage.html?res=9C04E1DA1238F931A25752C1A9679C8B63&pagewanted=all. Retrieved 2011-02-19.
- ^ Strategic Management Society - Home
- ^ "IEEE Medal of Honor Recipients". IEEE. http://www.ieee.org/documents/moh_rl.pdf. Retrieved November 20, 2010.
- ^ a b "TIME: Man Of The Year". Time. http://www.time.com/time/special/moy/grove/opener1.html.
- ^ IndustryWeek : 1997 Technology Leader of the Year
Andy Grove: Building An Information Age Legacy - ^ CEO OF THE YEAR 1997 | Articles | CEO Index
- ^ The Heinz Awards, Andrew Grove profile
- ^ "IEEE Ernst Weber Engineering Leadership Recognition Recipients". IEEE. http://www.ieee.org/documents/weber_rl.pdf. Retrieved November 20, 2010.
- ^ http://www1.ccny.cuny.edu/advancement/pr/newsletter_07062006.cfm
[edit] Further reading
- Tim Jackson (1998). Inside Intel: Andy Grove and the Rise of the World's Most Powerful Chip Company. Plume. ISBN 0452276438.
- Richard Tedlow (2006). Andy Grove. Penguin. ISBN 9781591841395.
[edit] External links
- Biography from Intel.com
- Biography at IEEE
- Book homepages - Swimming Across, High Output Management, Only the Paranoid Survive,
- The Life and Times of an American
- TIME: Man of the year
- Andy Grove's Ambitious Conversions Goals at Plug-In 2008.
- Andrew Grove on Charlie Rose
| Business positions | ||
|---|---|---|
| Preceded by Gordon Moore |
Intel CEO 1987–1998 |
Succeeded by Craig Barrett |
| Awards and achievements | ||
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