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The Power of an Idea Meritocracy
The author, a professor of business administration at the University of Virginia, says that as technology continues to advance most organizations will have to achieve higher-level technological capabilities and higher-level human cognitive and emotional performance. In order to do that, they will have to overcome challenges at both the individual and organizational levels, replace outdated operational practices, reduce group think, and learn to simultaneously operate both efficiently and innovatively. He concludes that this kind of organizational transformation requires an "Idea Meritocracy," an environment in which the best ideas win.

In such a structure, the best idea is determined by the quantity and quality of the data supporting it, not by positional power. Among the companies that have created Idea Meritocracies are Google, Intuit, and Pixar Animation Studios. In each of those organizations, an Idea Meritocracy has played a major part in driving consistent high performance. It has also warded off group think by empowering staff to ask the three W's: "Why? What if? Why not?" An Idea Meritocracy also enables the best thinking by all team members by creating a culture that promotes candor, confronts brutal facts, gives permission to speak freely, and allows for rapid, small, low-risk experiments. Finally, an Idea Meritocracy values collaboration, not competition.
University of Virginia (04/26/18) Hess, Edward D.
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JUNE 2018 EDITION
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