TRANSCRIPTEnglish

Most Managers Don’t Do Anything

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FULL TRANSCRIPT

0:01

65% of managers in private companies add

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negative net value to their companies

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that's in profitable well-run private

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companies right 65% and then you might

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ask well how can a company survive and

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the answer to that is the square root of

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the number of people engaged in a given

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domain do half the work so if you have

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10,000 employees 100 of them do half the

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work and so that means that musk can do

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what he did with Twitter saying fire 85%

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of the people and all that happens is

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profit margins go up and everything runs

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more efficiently and so will Elon find a

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trillion dollars worth of waste in the

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next four weeks it's like I guess we'll

0:43

see

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