Join 📚 Edwin's Highlights
A batch of the best highlights from what Edwin's read, .
Snowflake: Making Sense of Your Gunslingers and Flatliners When I joined Snowflake, the company was growing fast, but it was costing us much more than a dollar in sales and marketing expenses to generate a dollar in revenue. The previous leadership team had been adding resources with a vengeance, but it was unclear at first why those extra resources weren't converting to results. Were we just terribly inefficient in selling?
The difference is the decision-making freedom we provide. If your employees are excellent and you give them freedom to implement the bright ideas they believe in, innovation will happen. Netflix does not operate in a safety-critical market, like medicine or nuclear power. In some industries, preventing error is essential. We are in a creative market. Our big threat in the long run is not making a mistake, it’s lack of innovation. Our risk is failing to come up with creative ideas for how to entertain our customers, and therefore becoming irrelevant.
No Rules Rules
Reed Hastings, Erin Meyer
Product Leaders So many people naively believe that the key to empowering product teams and the product model is simply to get the managers to back off, stop micromanaging, and give their product teams some space to do their jobs. But in the product model, empowered product teams depend on better leadership, not less leadership. What does that really mean? As legendary CEO Andy Grove said, “What gets in the way of good work? There are only two possibilities. The first is that people don't know how to do good work. The second is that they know how, but they aren't motivated.”
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