Perhaps big companies are bottlenecked on CEO’s attention. This is apparently a small company, so the CEO could spend some of his time finding and hiring a superior artist. But could he do the same if his company had thousands of employees instead? And if someone else makes the decisions, we get the principal-agent problem.
The rumors are that this was SpacexXs secret- even at huge scale, Musk interviewed every employee. From even the positive accounts of the process, his hiring and firing decision making was sleep deprived, stimulant addled, inconsistent and childish. On the other hand, something is going right at SpaceX, judging by the rockets. I agree with the theory that one agent hiring mediocrily is just more effective than professional and polite staffing decisions made by a swarm of agents at cross purposes.
I dunno, I think you can have some set of people the CEO trusts well enough to delegate such decisions to. Principal-agent problem is powerful but not overwhelmingly so. But yeah, the larger the company, the more that effect will be a challenge.
On the flip side, I’ve definitely had the experience of struggling to get hired for things which I’m confident I’d do well at. I feel like better employment-matchmaking would benefit both sides.
Perhaps big companies are bottlenecked on CEO’s attention. This is apparently a small company, so the CEO could spend some of his time finding and hiring a superior artist. But could he do the same if his company had thousands of employees instead? And if someone else makes the decisions, we get the principal-agent problem.
The rumors are that this was SpacexXs secret- even at huge scale, Musk interviewed every employee. From even the positive accounts of the process, his hiring and firing decision making was sleep deprived, stimulant addled, inconsistent and childish. On the other hand, something is going right at SpaceX, judging by the rockets. I agree with the theory that one agent hiring mediocrily is just more effective than professional and polite staffing decisions made by a swarm of agents at cross purposes.
I dunno, I think you can have some set of people the CEO trusts well enough to delegate such decisions to. Principal-agent problem is powerful but not overwhelmingly so. But yeah, the larger the company, the more that effect will be a challenge.
On the flip side, I’ve definitely had the experience of struggling to get hired for things which I’m confident I’d do well at. I feel like better employment-matchmaking would benefit both sides.