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Up and to the Right: My personal and business journey building the Microchip Technology juggernaut
Up and to the Right is the story of the transformation of Microchip Technology from a struggling company no one seemed to want or value to one of the most successful semiconductor suppliers in the world, growing from losing $10M a quarter to a global revenue of over $8B per year. Steve Sanghi tells the story as both a personal journey - from growing up in small towns of Northern India to coming to the United States in 1976 to build a life and a career - and as a record of the business challenges he and his team grappled with through the years.
After a ten-year stint at Intel Corporation, and a brief stay at Wafer Scale Integration, Steve spent the last 32 year of his life building Microchip Technology into a semiconductor juggernaut. Microchip today is one of the broadest semiconductor suppliers to Industrial, Automotive, Data centers, Consumer appliances, Communication, Aerospace, and defense industries. This book is the story of building Microchip into this powerhouse of a company built from the jaws of bankruptcy in 1990.
The book covers the transformation of Microchip from a failing company in 1990 to a market leader with a market capitalization of over $43 billion. Microchip's success was built on an in-house consciously designed Aggregate System that dramatically accelerated the company's rate of improvement. The book also covers Microchip's strategic planning process and its series of acquisitions that scaled the company 10X.
Like many companies, Microchip Technology has faced many difficult times, and more than a few full-blown crises brought on by world events, economic disruptions, and market changes. This book chronicles those events and how under Steve's leadership and the arduous work of the Microchip Technology team, the company always came out better than before each challenge. In some ways, this story is like that of other companies that weathered early adversity to achieve success.
What makes this story unique is how Steve guided the change from a poor corporate culture into Microchip's culture of success, inclusion, shared rewards, innovation, trust, and communication. All through the book, Steve shows progress of Microchip through various phases. Through this transformation, employee commitment and Steve's vision, the company continues to move Up and to the Right on every measure of performance.
After a ten-year stint at Intel Corporation, and a brief stay at Wafer Scale Integration, Steve spent the last 32 year of his life building Microchip Technology into a semiconductor juggernaut. Microchip today is one of the broadest semiconductor suppliers to Industrial, Automotive, Data centers, Consumer appliances, Communication, Aerospace, and defense industries. This book is the story of building Microchip into this powerhouse of a company built from the jaws of bankruptcy in 1990.
The book covers the transformation of Microchip from a failing company in 1990 to a market leader with a market capitalization of over $43 billion. Microchip's success was built on an in-house consciously designed Aggregate System that dramatically accelerated the company's rate of improvement. The book also covers Microchip's strategic planning process and its series of acquisitions that scaled the company 10X.
Like many companies, Microchip Technology has faced many difficult times, and more than a few full-blown crises brought on by world events, economic disruptions, and market changes. This book chronicles those events and how under Steve's leadership and the arduous work of the Microchip Technology team, the company always came out better than before each challenge. In some ways, this story is like that of other companies that weathered early adversity to achieve success.
What makes this story unique is how Steve guided the change from a poor corporate culture into Microchip's culture of success, inclusion, shared rewards, innovation, trust, and communication. All through the book, Steve shows progress of Microchip through various phases. Through this transformation, employee commitment and Steve's vision, the company continues to move Up and to the Right on every measure of performance.
Readers Top Reviews
craig stevens
Not a book reader but worked under mr. s for 12 years. He shut down shared values in the fab by reducing hourly wages by 12 percent in 2008 and then eliminated raises in 2013,14,15. Got out and retired in 2016 thank goodness. Was a good company in 2004 but went downhill.
Jennifer Gaetano
Steve in his book "Up and to the Right" does an amazing job in telling the Microchip story in his personal and business journey over the past three decades, not just once but several times. Not only does Steve share the journey, but also the critical insight of important decisions made that took Microchip to its current juggernaut status. A life and company story well worth the read!
Fardin S.
This is an incredible book that discusses how one person's vision and hard work can change a faltering business into an industry giant, going against business as usual. The ideas and strategy to dealing with challenges are highly recommended and can help any business owner or decision maker in any industry. Excellent instances of astute business finance judgments and the discipline required to conclude transactions and integrate acquired companies into a unified culture. It is difficult to stop reading once you begin.
Marcy Hatch-Padilla
Up and to the Right: My Personal and Business Journey Building the Microchip Technology Juggernaut is truly remarkable. As someone who has had the privilege of reading it and working under Steve Sanghi's leadership, I can attest to the incredible story it tells. His journey from humble beginnings to the longest-tenured CEO in the semiconductor industry is truly inspiring. It offers incredible insight into the inner workings of Microchip and the reasons behind the decisions that have made it such a success. Overall, Up and to the Right is an amazing read that I highly recommend.
Charles Beebout
Steve Sanghi here explains the thought processes that he and the Microchip team went through during the many twists and turns of taking a failing semiconductor business that was valued at $15 million in 1991 and turning it into a highly profitable powerhouse corporation with $8.4 billion in annual sales in FY2023 and a market cap of $41.97 billion at the time I write this in May of 2023. It is nothing short of amazing!
