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Purpose Has Become Incredibly Important

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Purpose has become incredibly important to them. What we learned is that young people want to do good as well as do well. They really do want to come to work thinking that they’re going to do something that matters. So our purpose is “EY,...
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We Become Sloppy With Too Much

We Become Sloppy With Too Much
Everything looks exceedingly complicated. Srouji won’t discuss costs, but Apple’s research and development expenses hit $8.1 billion last year, up from $6 billion in 2014 and $4.5 billion in 2013. Many analysts attribute the rise in large part to chip development. All Srouji will say...
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Train or Just Hire The Best?

Train or just hire the best
“In the early days, we had no choice but to hire rejects …. Nobody else would come. But we trained the hell out of them, and they became great.” Employees who’ve graduated from top business schools such as Harvard and MIT are incompetent when it...
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Overcome The Culture

Overcome The Culture
At Jet, there will be no annual performance reviews, because [Marc] Lore thinks feedback should be immediate and civil.  … And Lore isn’t making any of his employees sign noncompetes; he says that … without such stipulations “there’s more loyalty and trust that is built.”...
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