It’s something Eric Schmidt knows well, too. As Google’s former CEO and current chairman, Schmidt is known for an anti-management philosophy. At Google, he introduced the notion that product leaders should persuade engineers to join their team.
He even helped implement the famous free-time rule, allowing employees to spend 20 percent of their time on anything they want. And as Schmit shares, provided another benefit: allowing employees to push back against unreasonable managers.
“The interesting thing about 20 percent time, is — although it’s reported as, you get to spend one day doing whatever you want — what it really served was a check and balance on the power of the engineering management over the subject,” Schmidt tells Hoffman on the Masters of Scale podcast..
For instance, if a manager is asking an employee to do more, work harder and increase output, an “employee can legitimately look that boss in the eye and say, ‘”I’ll give you 100 percent of my 80 percent time,” says Schmidt. “That simple principle, which never really happens in practice, but it’s understood, empowers the employee with both dignity, but also some choices.”
In the sixth episode of Masters of Scale Hoffman and Schmidt discuss how managers get their roles wrong, often at the cost of their team’s creativity. Micromanagement, they explain, hinders idea generation and honesty. As they explain in this one-of-a-kind conversation, it’s these elements that that help businesses innovate at a rate they’ll need to succeed.
From Bill Gates to Meg Whitman to Elon Musk, today’s most renowned business people innovate, inspire and create. However, what makes these individuals so differ
With the help of IBM’s supercomputer Watson, online career management website Paysa sought to uncover the common characteristics of top business leaders. Using Watson’s Personality Insights program to analyze speeches, essays, books and interview transcripts of today’s most powerful leaders, the company discovered what puts these people at the top.
Of eight surveyed industries, entertainment, fashion, finance, law, marketing, media, medicine and politics, Watson discovered that “intellect” was the top personality trait for leaders in a majority of these fields.
Watson also rated the amount of certain characteristics it identified in leaders across the various industries. It found that 90 percent or more of leaders in entertainment, fashion, law, media, medicine and politics carried the “intellect” trait. Out of all analyzed industries, leaders in fashion scored the highest percentage of intellect at 98 percent. To the contrary, leaders in finance had the lowest intellect score at 83 percent among the analyzed fields. On top of intellect, altruism was the second most common leadership trait for most industries. Other top traits varied from industry to industry but included imagination, cautiousness, assertiveness, authority-challenging, adventurousness and more.
nt from the rest of us? What traits do they possess that make them so successful?