Apparently Yahoo is following the Google model in letting employees spend 20% of their time in spending time in a project of their choosing. (hattip: Max)
Max concludes that creativity can be a powerful incentive for retaining talent.
Well, that might be true for certain kinds of firms like Yahoo and Google, (as it is true for 3M) but may not be true for all kinds of organizations.
In a very execution oriented organization where the competitive nature of the business is imperative to strategy, operations and people processes tying up tightly letting people off for 2 days in a week to do their own thing will not make sense.
Not true. I don't see any reference to Yahoo allowing employees to spend 20% time on pet projects(atleast not in the links you have in your blog). Yahoo has a better system of hackday(http://www.chaddickerson.com/blog/2006/06/14/yahoo-hack-day-tomorrow-and-some-of-my-inspirations/). Also they have now opened hackday to external hackers as well(http://upcoming.org/event/101629). BTW, nice blog....just stumbled onto it.
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