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Medialย โ€ขย 1m

Marc Andreessen explains IBM founder Thomas Watsonโ€˜s famous โ€œWild Ducksโ€ program Big companies often struggle with innovation. One major reason is complexityโ€”too many layers of management and rigid structures slow things down. But thereโ€™s another, deeper reason: only a small number of people can truly create breakthrough innovations. Marc, who worked at IBM when it had over 440,000 employees, saw this firsthand. IBM had a system that worked for decades, where most employees followed rules. But they also had a special category of people called Wild Ducksโ€”a term coined by IBMโ€™s founder, Thomas Watson. These Wild Ducksโ€”only about 8 to 10 people in a massive companyโ€”were given complete freedom. They didnโ€™t have to follow the usual corporate rules. They could work on anything, pull resources from other teams, get funding when needed, and report directly to the CEO. One such Wild Duck, Andy Heller, stood out. In a company full of men in blue suits and red ties, he wore cowboy boots and was known for pushing boundaries. IBM management knew that innovation wouldnโ€™t come from a 6,000-person divisionโ€”it would come from someone like Andy Heller. But over time, companies like IBM and HP lost their edge because venture capital gave these Wild Ducks an alternativeโ€”they could start their own companies instead. This is why large corporations often fail to produce groundbreaking ideas. True innovators donโ€™t thrive in rigid systemsโ€”they need freedom. And if they donโ€™t get it, they leave to build something new. Follow me for more such amazing content!

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