Under Andy Grove's leadership, Intel has become the world's largest computer chipmaker, the 5th most admired company in America, and the 7th most profitable among the Fortune 500.rnGrove attributes his success to the philosophy and strategy he has learned the hard way as he steered Intel through a series of potential major disasters he calls strategic inflection points (SIPs) - the moments in any business when massive change occurs.rnTaking us deep inside the workings of his corporation, Grove recounts not only how he dealt successfully with Intel's crises - including the fierce competition from the Japanese, the drama of the Pentium flaw, and the unprecedented changes brought on by the Internet - but also the strategies used by other companies. His forthright account and original ideas give a unique insight into the art of business and the management of change.rnEvery manager in every industry must assume that something will change - very soon. Only the paranoid survive is a classic lesson in leadership skills that every manager will benefit from.