In a wide-ranging discussion at the Air Warfare Symposium held by the U.S. U. s. air force, Elon Musk stroked on some old and new topics, but one foreground of the discussion was the small window into hiring and firing rehearses at SpaceX — arguably one of the world’s most demanding engineering companionships.
The company respects itself on innovation, and, for its chief executive officer, that apparently extends to the interview process itself.
“[ When we] interrogation people we ask for some evidence of excellent clevernes that includes innovation ,” says Musk.” At the interview target we select for new people who want to create new information technologies .”
The mercurial chief executive didn’t elaborate more perfectly on what proof of innovation looks like in the interview process or in an applicant’s previous slog, but it’s an interesting bullet pitch on the company’s practices.
And the emphasis on innovation extends to the company’s motivation organization, improvement decisions and ultimately how long person will remain at the company, Musk said.
” Incentive formation is set up that innovation is reinforced and procreating mistakes along the way but failure to try to innovate comes with a big penalty ,” Musk said.” You will be fired .”
It’s not just a failure to innovate, according to Musk. If the employee’s” innovations endeavours are not very good, they will no longer be at the company .”
This emphasis on innovation is critical for companies and nations to remain ahead of their event. Musk said he doesn’t undoubtedly is concerned at intellectual property theft at either Tesla or SpaceX because hopefully the companies are developing technologies that are at least three years ahead of the competition.
” The road you achieve intellectual property protection is by innovating fast enough ,” says Musk.” Speed of invention is what matters. I do say this to my teams quite a lot. Innovation per-year is what matters .”
Although a company like IBM, with a massive patent portfolio and millions of inventions locked in its laboratory might take issue with the feeling, Musk says his point provides not only to firms, but to competing nation-states too.
Specifically, Musk mentioned the need for innovation if the U.S. is going to compete effectively against China, a country that could have an economy twice to three-times the size of the United Mood in the coming years.
” The foundation of conflict is economics ,” Musk said.” If you have half the resources of the counterparty then you better be real innovative because[ otherwise] we’re going to lose … The U.S. will be, militarily, second .”
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