Saturday, August 11, 2018

Selecting leaders: Good is the Enemy of the Great

To me there are two minor stories on top of the main story focusing on Bitcoin (Finally someone is making sense of this thing when Jaime Dimon and Warren Buffett could not).

I am interested in the main character Jeff Sprecher ability to spot talent. Something which our leaders and system refused to admit (afraid to be honest about) they can't do without using very high pay as a screen. Jack Sim the maverick could have been a younger Philip Yeo but the post LKY generation would never be able to deploy his talent inside government. As for pay, he is willing to work for free, and he is doing exactly that now for global sanitation.

So we run a system where we pretend to have great people by hiring good ones. People cannot know what are the great leaders when the jobs are taken by good ones except to compare them against the better ones before. Indeed Good is the Enemy of the Great!

Read the Fortune Magazine story.

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