3min snip

The Knowledge Project with Shane Parrish cover image

#69 Stephen Schwarzman: What It Takes

The Knowledge Project with Shane Parrish

NOTE

The best executives are made, not born. 10-7 descriptions.

Developing effective executives involves creating new guidelines to avoid repetitive mistakes and fostering an environment where they can learn from complex situations. Training and coaching of executives is crucial; engaging them in discussions about tough decisions is essential for their growth. Making competent choices, even among bad options, is part of executive leadership. Experience enhances judgment, leading to better performance over time. Distinct categories of talent, rated from seven to ten, highlight valuable characteristics. A 'ten' represents exceptional talent akin to elite athletes, capable of excellence across all facets of their roles, inspiring loyalty, and driving significant growth. A 'nine' is also high-performing but lacks the transformative impact of a 'ten.' An 'eight' functions effectively when directed, while a 'seven' is less desirable. The challenge lies in identifying and attracting true 'tens' in the talent pool.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode