Business Chief USA August 2019

TECHNOLOGY
new challengers. Of course, casting
aside your traditional ways of working
comes with an immense amount of risk
and so it’s understandable that many
executives are reluctant to wholeheartedly
commit to new projects.
Some companies reach a compromise
that allows them to balance these
competing objectives. For example,
by implementing schemes that allow
employees to strike a balance
between their work on existing
projects and on developing new ideas.
Google’s ‘20% time’ is probably the
most feted example as the company’s
policy of allowing engineers to devote
20% of their time to personal projects
resulted in some of the company’s
most successful products such as
Gmail, AdSense and Google Talks.
While this can approach can be
a fruitful one, it’s worth noting that many
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CLICK TO WATCH: ‘RITAM GANDHI TALKS ENTREPRENEURSHIP
AND BUILDING A STARTUP THAT BUILDS OTHER STARTUPS’
AUGUST 2019