In Chapter 5 of Tushman and O’Reilly’s “Lead and Disrupt”, the authors share how Cypress Semiconductor used a similar venture funding model, complete with a one-page business plan, for initial funding to grow $40 million in businesses. With their approach called a “Federation of Entrepreneurs”, Cypress is a great case study in ambidextrous leadership.
In June 2019, Infineon Technologies announced it would acquire Cypress for $9.4 billion. The deal closed in April 2020, making Infineon one of the world’s top 10 semiconductor manufacturers.
We are joined today by that ambidextrous leader, the former CEO of Cypress TJ Rodgers and the author of Lead and Disrupt, Charles O’Reilly III.