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April 20, 2003
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Andy Grove on the confident leader
According to Andrew S. Grove, chairman and co-founder of Intel, when a company's understanding of itself shifts, when it changes its strategic paradigm, it sets out on a journey akin to moving from one mountain peak to another through what he calls a "valley of death."
How do leaders sort through the confusion to identify the next peak that the company should be moving toward? When they're not sure where they're going, how can they guide and inspire others?
Grove, author most recently of "Swimming Across" (Warner Books, 2001), sat down with Harvard Business School professor Clayton M. Christensen and Walter Kiechel, editorial director of Harvard Business School Publishing, to discuss these and other questions that are confronting business leaders today.
Kiechel: You've spoken of high-tech companies, including Intel, that are moving through a "valley of death" right now. Where is Intel on its trek through that valley?
Grove: Our last-generation growth has been fueled by a fairly major structural transformation of the computing industry from mainframe, centralized computing to distributed computing, PCs. And that defined the structure for the entire industry, defined the growth opportunities and defined the opportunities for packet software.
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Week ahead: Server sound-off
The tech focus is on servers this week, as Microsoft finally releases Windows Server 2003, the oft-delayed and renamed high-end version of its operating system for business computing.
Earnings action continues, as well, with numbers due from media giant AOL Time Warner, e-commerce stars eBay and Amazon.com, and communications biggies Verizon Communications and AT&T.
The information was gathered from First Call, Hoover's Online, CCBN's StreetEvents and CNET Investor.
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