How do you keep and nurture talent?

Nolan Bushnell / November, 2017

Description

Nolan Bushnell, Co-Founder and Board Chairman of Modal VR explains ways he made people feel valued by the company.

Video Transcript

How do you keep and nurture talent?

I think that today’s talented people really want their company to publish what they do and to value what they do, and to be fairly rewarded for what they do. And I think that as long as you keep that contract with your employees that they are going to be fairly treated and be treated like adults. I love companies in which everybody is an adult. Everybody is treating each other like an adult and with respect. Unless they screw up and then they can get bad mouth a little bit, but not in a mean way. Camaraderie is a lot about giving and take.

For example, I’ve always had a turkey award. In which, I would give an award for the absolutely worst executed idea in the last quarter. And what was that? It was a way to laugh at somebody’s screw up, but it was also a way to say that it was ok to screw up. Because if you’re not falling down you’re not skiing fast enough, and I think that companies need to understand that mistakes are necessary if you’re going to innovate because the future is uncertain.

What I never have tolerance for are political mistakes. The future is unknowable, but if the whole idea is to make a mistake and pin it on somebody else, you’re out of here. If everybody is running around trying to figure out whom to blame as opposed to fix the problem.

Company

QUICK INFO

  • Nolan Bushnell, Modal VR
  • November, 2017
  • 2:29
  • Team, Talent and Recruiting

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