||Eric Schmidt speaks at the Management Lab Summit on May 29, 2008 in Half Moon Bay, California. Conversation with Professor Gary Hamel.
- “it [managing better] starts with listening, it has to do with curiosity“
- “everything has to be based on some fact”
- “It’s only about the people.” [respect for people is critical, Google really acts as though the people are their most important asset – John].
- “What is the number 1 goal of the company? It is end user happiness with search. What is the number 2 goal? It’s end user happiness with advertising. What is the number 3 goal? The construction of the Google network of partners to effectuate the first two. What is the number 4 goal? To grow and scale the business… You will eventually get extraordinary returns for your shareholders and maximize advertiser happiness if all those things happen… There are a lot of business executives that get confused on what the goal is and they think that shareholder value is the goal. Shareholder value is a consequence of the goal.”
Related: Eric Schmidt Podcast on Google Innovation and Entrepreneurship – Interview with Google CEO Eric Schmidt – Innovation at Google – Google: Experiment Quickly and Often – Marissa Mayer Webcast on Google Innovation – Google Management by Gary Hamel – Larry Page and Sergey Brin Interview Webcast