Published Jan 19, 2021

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

Eric Schmidt, former CEO of Google, delves into the art of managing chaos to foster innovation, highlighting Google's 20% time policy, rapid decision-making driven by data analytics, and unique hiring practices that emphasize curiosity and resilience.
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Episode Highlights

  • Hiring Strategy

    Google's hiring strategy is renowned for its focus on unique individuals, such as rocket scientists and Olympians, who bring exceptional discipline and creativity to the table. explains that the company developed innovative hiring algorithms to identify candidates who are not only skilled but also inherently interesting 1. This approach ensures that employees are capable of thriving in Google's dynamic environment. notes that while not every company can hire at such high standards, the emphasis on hiring individuals who can navigate chaos is crucial 2.

       

    Key Traits

    Persistence and curiosity are key behavioral traits that Google prioritizes in its hiring process. highlights that these traits are strong predictors of success in a knowledge economy, as they drive employees to explore and innovate 1. He shares an intriguing example of how Google Maps led to the discovery of cows organizing themselves north and south due to magnetic resonance in their brains. This story underscores the importance of curiosity in uncovering unexpected insights and fostering innovation.

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