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Interview with Eric Schmidt

The McKinsey Quarterly interviews Google CEO Eric Schmidt. Here's what Schmidt has to say about innovation:

"Innovation is something that comes when you're not under the gun. So it's important that, even if you don't have balance in your life, you have some time for reflection. So that you could say, 'Well, maybe I'm not working on the right thing.' Or, 'maybe I should have this new idea.' The creative parts of one's mind are not on schedule."

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