In his book, Steve Sanghi outlines the blueprint for his company's success, which no surprise is based on the people at Microchip working together towards a common vision under a well defined system that he names the Aggregate System.
I have read numerous business books and this is one of the best in describing "how to" build a successful company. The book is practical, to the point with concepts that are powerful and simple to implement. Key takeaways from the book:
" Build the company around a set of core values"
" Define the right (winning) strategic formula that is realistic and achievable"
" Employees are a company's greatest strength, so unleash their potential"
" Implement systems thinking so that you can improve your company's results"
" Inspiring leadership that role models the company's values and policies are a must"
" Share the wealth creation with your employees through a total compensation plan aligned to the company's goals"
" Managers are coaches, facilitators, good listeners and communicators that operate with the concept of an upside-down org chart"
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I run a semiconductor startup company and was so impressed with the book that I ordered several copies for the senior team so that we can implement many of its teachings. This book is tops in describing a successful system that enables a company to win through the greatness of its people. A clear example of the power of the Aggregate System is the outstanding business results that Microchip delivers year after year.
Wil Salhuana
President & CEO
HVVi Semiconductors