30.2 C
Nicosia
Friday, July 19, 2024

How Giant CEOs Manage: The Two-Pizza Rule and the 10-Question Test

Must read

The “tricks” giant CEOs use to run their companies

ΠoςδοιοιCEO κοοσoν κνσ το κο ;ιμασα των 10 ερτorσεν /></p>
<p>Unconventional methods and unusual efficiency “tricks” are employed by the heads of leading tech giants such as Elon Musk and Jeff Bezos to run their empires. They are some of the most famous CEOs in the world. And while we know a lot about their expensive real estate purchases and elite habits, little is known about how they manage behind closed doors. Business Insider lists some of the biggest quirks in managing big names in tech. First on the list is Amazon founder Jeff Bezos, one of the richest people in the world, who applied the now famous “two pizza rule”. It is a common secret that he himself was not enthusiastic about constant meetings and preferred to attend the absolutely necessary. But when he couldn't avoid them, he applied his “golden rule”, according to which each meeting should have as many people as it takes to eat two pizzas. In other words, he preferred few people in the meetings, as he believed that the opposite was not productive. He also banned PowerPoints, instead telling employees to take notes in meetings, which almost always began with participants silently reading the document.</p>
<p>Elon Musk encourages his employees to leave meetings when it is obvious that they “add nothing new”.</p>
<p>The “guru of unconventionality” Elon Musk, who wants to retire … on the planet Mars, has described himself as a “nanomanager”. That means he's centralized, doesn't like delegation, and told Tesla staff last year that he wants to personally approve all new hires. The billionaire CEO of Tesla and X also encourages his employees to leave meetings when it's clear they're “not adding anything new,” while he's given them the freedom to leapfrog the strict hierarchy. “The problem with this approach is that, while it serves to enhance the manager's power, it fails to serve the company,” he had stressed, adding that in Tesla's case “you can talk to your manager's manager without his permission , you can talk directly to a vice president in another department, you can talk to me, you can talk to anybody without anyone else's permission.”</p>
<p>“Mr Facebook” Mark Zuckerberg is also said to be in favor of freedom of movement, who believes that leaders should “make as many decisions and be involved in as many things as they can.” In 2023, during the famous “year of Efficiency”, Meta's CEO had said that he did not like a structure of “managers managing managers”. The social media-turned-billionaire has also said he likes to wear the same clothes every day to save… gray matter for more important decisions.</p>
<p>Jensen Huang, the chief executive of Nvidia, which is enjoying a boom period on the back of the artificial intelligence boom, gave his employees a “special grant” – an additional amount of restricted stock, or RSUs, named after him, which pays an additional 25% of of initial stock grant given to employees. Tim Cook again makes a habit of grilling his subordinates to make sure they know their subject in depth. As one former Apple employee told Linder Canney about his 2019 book on Cook, “He's going to ask you ten questions. If you answer them correctly, he will ask you ten more. If you do this for a year, he'll start asking you nine questions. If you get one wrong, he'll ask you 20, then 30 questions.” Google co-founders Larry Page and Sergey Brin finally had their own rule, encouraging employees to “spend 20% of their time working on what they thought would most benefit the company,” they wrote in 2004. in fact, they attribute the creation of AdSense and Google News to the rule.</p>
<p><noindex></p>
<div class=Source: www.kathimerini.com.cy

- Advertisement -AliExpress WW

More articles

- Advertisement -AliExpress WW

Latest article