Sublime

Andy Grove’s quantum leap was to apply manufacturing production principles to the “soft professions,” the administrative, professional, and managerial ranks. He sought to “create an environment that values and emphasizes output”

need for senior talent would remain high, the group could accommodate a broader array of talents since it would have the ability to empower an individual by supplementing his or her…

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here: these very actions of agents’ exploring, changing, adapting, and experimenting further change the outcome, and they’d have to then re-adapt and re-adjust.

AM I MANAGING FOR VOLUME GROWTH OR VALUE GROWTH?

New value propositions should be to the Entrepreneurial Age what mortgages were to the age of the automobile and mass production.This means not a loan to buy your own house, but rather a loan to make it easier to switch careers in a world where economic security depends on one’s capacity to rebound[445].

With Ford in almost complete possession of the low-price field, it would have been suicidal to compete with him head on. No conceivable amount of capital short of the United States Treasury could have sustained the losses required to take volume away from him at his own game. The strategy we devised was to take a bite from the top of his position,

For most of the twentieth century, Ford was essentially a confederation of national companies. Each country had its own head offices, design facilities, and production plants. At one point, Ford even had two Escort cars on the road that had been designed and built entirely separately. Yet, by the 1990s, it was developing “world cars” with common pa