This episode provides a rare look into the mind of a financial titan, offering ecommerce operators a masterclass in strategic thinking, long-term investment, and navigating global economic shifts. Schwarzman shares his philosophy on achieving excellence, making it a valuable listen for those looking to scale their businesses and lead effectively in a complex market.
Key takeaways
Embrace a long-term strategic vision, even in volatile markets, identifying mega-trends that will shape future consumption and commerce.
Understand global geopolitics and economic trends, particularly the US-China relationship, as they directly impact supply chains, market access, and consumer behavior.
Prioritize talent acquisition and leadership development, building a culture of excellence and adaptability within your organization.
Learn to influence policymakers and understand regulatory environments, as they can significantly impact business operations and growth opportunities.
Develop a clear philosophy of success and apply it rigorously to all business decisions, fostering a mindset of continuous improvement and strategic pursuit of excellence.
Steve Schwarzman, the CEO of the private equity firm The Blackstone Group, talks with Recode's Kara Swisher about his new book, What It Takes: Lessons in the Pursuit of Excellence. Schwarzman — a longtime advisor to President Trump — also discusses his scholarship program that teaches future leaders how to do business in China, how he would like to see policymakers address populist anger, and the big economic trends he and Blackstone are currently pursuing. Plus: Can we fix the H-1B visa program without simultaneously addressing other forms of immigration?
Featuring:
Steve Schwarzman, CEO of The Blackstone Group and author of What It Takes: Lessons in the Pursuit of Excellence.
Hosts:
Kara Swisher (@karaswisher), Recode co-founder and editor-at-large
More to explore:
Subscribe for free to Pivot, Kara’s podcast with NYU Professor Scott Galloway that offer sharp, unfiltered insights into the biggest stories in tech, business, and politics.
About Recode by Vox:
Recode by Vox helps you understand how tech is changing the world — and changing us.
Follow Us:
Newsletter: Recode Daily
Twitter: @Recode and @voxdotcom
Learn more about your ad choices. Visit podcastchoices.com/adchoices
What does this episode say about finance & fundraising?
Embrace a long-term strategic vision, even in volatile markets, identifying mega-trends that will shape future consumption and commerce.
What does this episode say about founder & leadership?
Understand global geopolitics and economic trends, particularly the US-China relationship, as they directly impact supply chains, market access, and consumer behavior.
What does this episode say about finance & fundraising?
Prioritize talent acquisition and leadership development, building a culture of excellence and adaptability within your organization.
What does this episode say about finance & fundraising?
Learn to influence policymakers and understand regulatory environments, as they can significantly impact business operations and growth opportunities.
What does this episode say about finance & fundraising?
Develop a clear philosophy of success and apply it rigorously to all business decisions, fostering a mindset of continuous improvement and strategic pursuit of excellence.
