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Strategy Is Destiny: How Strategy-Making Shapes a Company's Future
 
 
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Strategy Is Destiny: How Strategy-Making Shapes a Company's Future [Hardcover]

Robert Burgelman (Author), Andrew S. Grove (Author)
4.5 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

January 8, 2002
How did a pioneering company in the semiconductor industry not only survive but thrive in the face of the explosive change and upheavals that forced it to transform itself twice in the course of its thirty-year history? The answer lies in the quality of its strategy-making process, contends leading strategic management scholar Robert A. Burgelman in this extraordinary book based on an exhaustive twelve-year study he conducted inside Intel Corporation.

Granted the opportunity to track Intel's strategy-making through his close teaching collaboration with its chairman, Andy Grove, at Stanford Business School since 1988, Burgelman has written a definitive and far-reaching account of how highly educated top managers groped their way through strategic conundrums. His account of the evolution of key events in Intel's history is illustrated with extensive quotes from its cofounder Gordon Moore, Andy Grove, current CEO Craig Barrett, and dozens of other Intel executives. His study allows these leaders to speak for themselves in scores of highly rendered executive portraits.

Using thoroughly tested conceptual tools, Burgelman first documents the key role played by mid-level managers in transforming Intel from a memory company into a microprocessor company during the late 1970s and early 1980s, which led to the heartbreaking decision to abandon the business on which the company had been founded in 1968. He then makes readers eyewitnesses to the complex set of complementary strategic thrusts orchestrated by Andy Grove to make Intel capi- talize on the extraordinary opportunities associated with the phenomenal growth of the PC industry during the late 1980s and the 1990s. He reconstructs Grove's resolution of the struggle between two competing micro- processor architectures within Intel that caused civil war to erupt, and he shows how Intel's superbly run strategy-making process in the core business, paradoxically, made it difficult for internal entrepreneurs to extend the company's strategic reach. This allows him to link the strategic leadership challenges, faced today by Craig Barrett, to Intel's illustrious past and to provide suggestions for how these challenges can be met.

At once a history of strategy-making at Intel as well as a strategy-making field manual that any high-technology manager will need to consult frequently, Strategy Is Destiny truly describes strategy-in-action as the way of life of senior executives in the corporation of the future.


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Editorial Reviews

From Publishers Weekly

Granted unprecedented access to Intel, Stanford Business School professor Burgelman was able to observe how the company's strategies at key moments helped shape its history. Specifically, he looks closely at the decisions Intel's top managers made as the company evolved from being a memory-chip company to a firm whose product is now a central building block of the Internet. From there he works outward, drawing four distinct lessons from the Intel story: embrace a strategy as a way of imposing order; when that strategy proves useless, spend a lot of time studying why (since the forces rendering your strategy worthless might lead to a huge opportunity); capitalize on your core strengths and search out new prospects simultaneously; and manage the change process aggressively. Most strategy books look at numerous companies and trends, and then try to distill the lessons to a central approach. Burgelman takes the opposite approach, generalizing from what he has discovered by studying one company in depth. If readers can get past the minutiae (Burgelman seems compelled to record everything that has happened in the company's more than 30-year history), his lessons could be greatly useful to senior managers grappling with how to integrate strategy into day-to-day operations. (Feb.)Forecast: Burgelman and Intel's chairman, Andrew Grove, have co-taught a course at Stanford for several years, and the author's closeness with his subject should attract serious businesspersons. Booksellers who display this title alongside Grove's recent memoir, Swimming Across (Forecasts, Sept. 17) should see increased sales.

Copyright 2001 Cahners Business Information, Inc.

From Library Journal

According to Burgelman (management, Stanford Univ.), a researcher on internal corporate venturing and entrepreneurship, both "successful and unsuccessful strategies shape a company's destiny." Here he describes the theories and ideas behind successful strategies within the framework of Intel, based on his 12-year study of the company and his coteaching of Intel's case studies with its chair, Andrew Grove. Burgelman's extensive study was based on analysis of quantitative company data and interviews with company executives. The result is an ideal combination of theory and practice; theories of strategy are studied within the context of three epochs of Intel's history, during which the company experienced great upheaval, change, and growth. Bibliographic footnotes regarding Intel are provided. The financial highlights section and appendixes should be extremely useful to those researching the company. Burgelman's book should be required reading for management students and is highly recommended for business collections in academic libraries. Lucy Heckman, St. John's Univ., Jamaica, NY

Copyright 2002 Cahners Business Information, Inc.


Product Details

  • Hardcover: 464 pages
  • Publisher: Free Press; 1st edition (January 8, 2002)
  • Language: English
  • ISBN-10: 0684855542
  • ISBN-13: 978-0684855547
  • Product Dimensions: 9.5 x 6.5 x 1.6 inches
  • Shipping Weight: 1.4 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #436,154 in Books (See Top 100 in Books)

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28 of 32 people found the following review helpful:
4.0 out of 5 stars Good stuff, if a bit dense. . ., February 1, 2002
By A Customer
This review is from: Strategy Is Destiny: How Strategy-Making Shapes a Company's Future (Hardcover)
Prof. Burgelman is no Michael Porter.

Where Prof. Porter communicates complex ideas in simple terms, Prof. Burgelman finds extremely complicated ways to obscure simple ideas.

Luckily, this book is chock full of quotes and examples that Burgelman largely leaves untouched.

If you factor out Burgelman's poor organization, unbridled love for Intel, and penchant for incomprehensible prose, this is a great book. Burgelman was indeed provided unparalleled access to one of the most successful companies of the 20th century. The stories he tells are true. The quotes and examples are not self-serving.

The only thing missing here is a control group. Intel has entered the 21st century riding at least one strategic inflection point (a favorite term of Dr. Grove's). It would have been interesting if Burgelman would have stopped being a cheerleader for a moment and compared Intel to its closest analog: IBM of 10-15 years ago. Dr. Grove and Intel's "ESM" would be well-served to follow Dr. Grove's own advice and learn lessons from the past.

Still, a fascinating book, particularly for the competitive strategist. Not for the faint of heart.

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3 of 9 people found the following review helpful:
5.0 out of 5 stars A summary of Prof Burgelman's Work, September 4, 2002
By A Customer
This review is from: Strategy Is Destiny: How Strategy-Making Shapes a Company's Future (Hardcover)
This is mainly an academic book, yet it can be insightful for CEOs or high and middle level executives too. The book describes and analyzes the extensive work of Prof. Burgelman in Strategy Process. Strategy-making cannot be considered as a pret-a-porter suit, yet Prof. Burgelman's model provides means to understand how to taylor one's suit.
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Inside This Book (learn more)
First Sentence:
A famous painting by Belgian surrealist Rene Magritte shows a huge briar pipe covering almost the entire canvas. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
chipset venture, core microprocessor business, autonomous strategic action, adaptive organizational capability, context determination process, strategic context determination, autonomous strategic initiatives, strategic leadership activities, induced strategic action, microprocessor market segment, chipset business, evolutionary organization theory, official corporate strategy, organizational championing, server market segment, internal selection environment, microprocessor strategy, new business development efforts, vectorize everybody, strategic forcing, strategic inertia, market segment share, external selection environment, strategic recognition, motherboard business
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Andy Grove, Gordon Moore, Hood River, Intel Architecture, Ron Smith, Craig Barrett, Dennis Carter, Frank Gill, Paul Otellini, Gerry Parker, Les Vadasz, Mark Christensen, Apple Computer, Claude Leglise, Jim Johnson, Andy Bryant, Eric Mentzer, Mike Aymar, Pentium Pro, Andy Beran, Randy Wilhelm, Texas Instruments, United States, Pat Gelsinger, Ted Hoff
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