“We made the decision to purchase YouTube in about 10 days, right? Incredibly historic decision because we were ready.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Eric Schmidt
Insight
Schmidt: Companies must roll back 'bring your whole self to work'
“So now what has happened is there's been this view that you should bring your whole self to work. And now we're being forced to crawl that back because your whole self is maybe not what we want in work.”
Eric SchmidtAug 17, 2023▶ 6:21How great cultures are built and rebuilt | Masters of Scale
Opinion
Eric Schmidt: Companies are walking back 'bring your whole self to work'
“So now what has happened is there's been this view that you should bring your whole self to work, and now we're being forced to crawl that back because your whole self is maybe not what we want in work.”
Eric SchmidtSep 18, 2024▶ 5:37How to transform a company’s culture (stories from Apple, Google & Uber) | Masters of Scale 2022
Insight
Schmidt: Startups must hire the smartest people and tolerate difficult personalities
“Hire the smartest people you possibly can and put up with them, right? And we all understand what that means, right? But you really need them for competitive advantage.”
Eric SchmidtSep 18, 2024▶ 24:47How to transform a company’s culture (stories from Apple, Google & Uber) | Masters of Scale 2022
AssertionNot checkable as stated
Schmidt: 80% of management turns over in a corporate turnaround
“The number is 80% of the management team will turn over in a turnaround.”
Eric SchmidtAug 17, 2023▶ 11:23How great cultures are built and rebuilt | Masters of Scale
Insight
Schmidt: Leaders have six to nine months to change company culture
“The other thing I learned, and this is from Lou Gerstner, Who said, who had written a whole book on this, and his IBM turnaround, he said, you only have six to nine months to change the culture of a company before you're stuck with it.”
Eric SchmidtAug 17, 2023▶ 17:26How great cultures are built and rebuilt | Masters of Scale
Insight
Schmidt: Cross-functional 'glue people' add little value and are unnecessary
“And glue people are very nice people who sit between functions and help either side, but don't themselves add a lot of value. And I thought, these are nice people, but we don't really need them. We can have these groups talking directly.”
Eric SchmidtMay 12, 2023▶ 25:47Eric Schmidt (former Google CEO): Innovation is managed chaos
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