Larry Weidel argues that companies grow when they reward initiative and idea-sharing instead of fear. Newer employees often have the best ideas because they're less constrained by hierarchy. A culture where anyone can challenge leadership openly leads to better outcomes.
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Not to get philosophical, but I think the thing that, I don't know if it's the way the corporations are set up, the individual ones, but the corporations that incent initiative and ideas and taking responsibility are the ones that are going to grow. Because a lot of, you just see it across the board in corporations, people that are intimidated by their boss. They got, they're working for somebody who's got some kind of psychosis or paranoia about losing their job and being bypassed and they don't want to step out of bounds. And they grow up in these intimidation thing rather than being incented to come up? 'Cause I've found some of the newest people, some of the people that are the freshest faces could have some of the best ideas.
Yes. I think, listen, good ideas can come from anywhere, but it takes a special company to recognize that. The companies that recognize that the best ideas can come from anywhere, I think, are gonna be the ones that do the best. But you do have this mindset that anyone from any part of the organization could be transformative. To the business. And we have applied that mindset here at our business as well, where anybody can tell me at any time if I'm wrong, and if I'm doing something that, that doesn't seem logically sound or correct for the business, that you should feel free to challenge those ideas. That's how we get to a better outcome for the business.
