This is a ridiculous statement if you've ever run a company. "Just hire smart people and your company will be successful!"
Great, glad you cracked the code.
HN is trully a trove of business wisdom!
To employ, no, but to get a stream of important innovations out of them, that might actually be harder than rocket science.
The vast majority of smart people around the world are stuck in mediocre jobs. Hotspots of technical productivity like Bell Labs or SpaceX or NASA of the 1960s are pretty rare and rarely last for more than approximately a generation.
How to get smart people to be actually scientifically productive is a major question of history.
An example: 100 years ago, several very important innovators like von Neumann were Hungarians; nowadays, Hungary is a scientific backwater. (With the exception of Katalin Karikó, the mRNA lady.)
Oh, but it is based on how hard it is for corporate America to even accept such a notion without going for 'egghead' in their internal vocabulary.
I think I disagree.
It’s not exactly rocket science to employ smart people.