Approach Quote by Andy Grove
“A question that often comes up at times of strategic transformation is, should you pursue a highly focused approach, betting everything on one strategic goal, or should you hedge? ... Mark Twain hit it on the head when he said, Put all of your eggs in one basket and WATCH THAT BASKET.”
About This Quote
Source Speech: Interview on strategic transformation, date unknown
Weighing the risk of concentrating resources on a single goal versus diversifying to protect against failure.
In simple terms: Focus vs. diversification trade‑off.
Balance focus with risk management.
Themes
Mood
Type
When to use this quote
- product launch
- business restructuring
- investment decisions
- career planning
Key Concepts
Questions to Reflect On
- How do you assess the risk of a single‑goal strategy?
- What safeguards can you build while staying focused?
Over‑focus can make you vulnerable to unexpected shocks.