6. Innovation is managed chaos, w/Eric Schmidt of Google/Alphabet


Manage episode 282653329 series 1425703
By WaitWhat. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Google has succeeded by innovating again and again. Their secret? They don’t tell their employees how to innovate; they manage the chaos. Eric Schmidt, the CEO of Google since 2001 and now chair of parent company Alphabet, shares the controversial management techniques he created to lead an environment of free-flowing ideas – and the disciplined decision-making that helps to make a breakthrough idea into a profitable product. He reveals the secret to Google’s former “20% time” policy, their approach to hiring smart creatives, and the parallels between leading Google and piloting small aircraft. Plus, his “roommate” at Google, and the decision he made to support a crazy idea that he was certain would bankrupt the company.

Read a transcript of this interview at: https://mastersofscale.com/eric-schmidt-innovation-managed-chaos/

Subscribe to the Masters of Scale weekly newsletter at http://eepurl.com/dlirtX

177 episodes