Quote by Andy Grove
Bad companies are destroyed by crisis. Good companies survive them. Great companies are improved by them.
Summary
This quote suggests that how a company responds to a crisis determines its strength and success. Bad companies, lacking preparedness or resilience, may be unable to overcome a crisis and eventually collapse. Good companies, equipped with the necessary strategies and resources, are able to weather the storm and continue operating. However, great companies go a step further by learning from crises and utilizing them as opportunities for growth and improvement. They adapt, innovate, and emerge even stronger, solidifying their position in the market. Overall, crises have varying impacts depending on the company's caliber, presenting opportunities for growth or causing downfall.
By Andy Grove
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