Check your blindspot, w/Sallie Krawcheck (Ellevest)
Masters of Scale
WaitWhat
4.6 • 4.4K Ratings
🗓️ 12 March 2019
⏱️ 48 minutes
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Summary
If your company's dominated by one type of person, you run the risk of tunnel vision. You might move fast — but you'll often drive straight into traps. Truly scalable companies need a diverse portfolio of viewpoints to see the opportunities others miss. Sallie Krawcheck knows this well. She rose through the ranks of Wall Street and saw firsthand the challenges a lack of diversity brings. After serving as CEO of Sanford Bernstein, Smith Barney, Citi's Wealth Management and Merrill Lynch Wealth Management, Sallie went on to found Ellevest, an investment platform aimed at women. Her straight talk — and hilarious asides — create the clear business case for diversity of all kinds. Cameo appearance: Steven Johnson
Read Stephen Johnson's book Farsighted: How We Make the Decisions That Matter the Most
Learn more about Stephen's books and podcasts at https://stevenberlinjohnson.com/
Read a transcript of this interview at: https://mastersofscale.com/sallie-krawcheck-check-your-blindspot/
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Transcript
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| 0:00.0 | Hi, it's Bob Safian. You've been hearing me as the host of rapid response in this feed for a few years now, |
| 0:07.8 | with short newsy interviews alongside the deeper dives of Masters of Scale. Well, I'm excited to share that rapid response is expanding into its own feed. |
| 0:17.0 | We'll be putting out shows twice a week, focusing on the urgent issues that business leaders are dealing with in real time. |
| 0:24.8 | So search for rapid response in your podcast player |
| 0:28.0 | and subscribe to make sure you get all our episodes. |
| 0:31.2 | I'll see you on the other side. |
| 0:34.0 | When you think of the first computer, |
| 0:40.0 | maybe you imagine a huge mainframe in a college lab in the 1950s. |
| 0:45.0 | Serious looking people in white coats feeding in punch cards as the machinery were. |
| 0:51.0 | But the story of computing started much earlier and it probably looked a bit |
| 0:58.2 | different than you imagine. In the 1830s Charles Charles Babbage, the British inventor, invented basically a programmable |
| 1:06.4 | computer that was a hundred years ahead of its time. |
| 1:09.8 | That Stephen Johnson, host of the podcast, American Innovations, |
| 1:14.4 | an author of many books about technology and progress |
| 1:17.3 | that you should read. |
| 1:18.8 | Stephen's latest book is called Far Sided, |
| 1:21.8 | How We Make the Dec decisions that matter the most. |
| 1:25.0 | As he wrote it, he kept thinking about Babbage and this first computer. |
| 1:29.7 | These machines had almost all the key elements of modern computing. |
| 1:33.3 | They were programmable. |
| 1:34.4 | They had the sense of a CPU. |
| 1:35.8 | They had the sense of RAM, the sense of a hard drive-like storage. |
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