James Dyson, one of U.K.’s most celebrated business tycoons, thinks experienced hires are overrated
Dyson added a twist to sunny electronics because of its humble start over three decades ago -from flawless fans to those without vacuums without vacuums.
While the tech company may have a lot of feathers on its cover, its founder and chairman James Dyson, is still considering himself “a frustration,” and he said he enjoyed it, he said toWall Street Journal.
“Mine is a life of failure,” says Dyson, who is worth $ 17 billion According to the Bloomberg Billionaires index. A furniture designer by practice, Dyson likens himself to other artists who require many attempts to find what works.
Dyson thinks that success is not a good teacher like failure. That's probably why he thinks the experience and finding solutions are easily overlooked.
“If something works, it's not too hard, it's not too interesting,” he said. “If something goes wrong, you want to know why it's gone.”
Dyson started the Tech Tech company in England in the 1990s, creating a suite of home appliances such as vacuum cleaners and viral airwrap hair dryers. Over time, Dyson became a weight of his own right, competing with the wishes of Miele and Panasonic.
Despite the softer demand affecting many sectors of consumer goods, Dyson delivered £ 1.4 billion income in 2023, up to 9% from a year before. In 2024, the company said it would cut a third of the UK's 3,500-person workforce.
Many of the company's tools have become a hit with consumers, but a handful has not seen the sun light despite Dyson's betting on them. The company's electric-car project is an example. Magnate scraped the project in 2019, two years after it was announced.
But that didn't prevent Dyson from diverting new adventures. The company produces headphones and owns a dazzling farming business in the UK, aimed at reducing the need for food imports.
In the spirit of change and study, Dyson also said that he prefers to rent inexperienced people.
Dyson's argument is simple: any new employee in the 14,000-powerful company should be trained to understand its wiring. If the new talent starts from the beginning, Dyson can shape what they have learned.
“Experience means you've seen how something worked in the past or you've seen solutions to problems,” Dyson said. “But the world is changing very fast, and we're trying to change and still pioneer. So, in reality, the experience won't help us and, in fact, it gets in the way.”
The founder itself is a case to the point. One of his first design prototyps is a High speed landing craftThat he knows nothing about. It needs to know how such vehicles worked from the beginning, eventually his first gig eased him in making and selling a “sea truck.”
Dyson said the electronics manufacturer had hired undergraduates and trained them at the Dyson Institute so they could apply their skills to the company's challenges.
“The experience of our undergraduates is amazing. They are not doing the clear thing; they should not do what to do. They begin to do something else, which is more interesting,” Tycoon said.
The Dyson process allows employees to experience things, no matter what they have been. Before the company launched an expensive hair dryer in 2016, the engineering team of most male members learned to blow dry hair professional, according to The New York Times.
This story was originally featured on Fortune.com
