Eric Schmidt is a former CEO of Google who had a career in technology before joining Google. He helped grow Google significantly during his time as CEO from 2001 to 2011. Some key facts about Schmidt include that he developed an 80/20 innovation model at Google that allows employees 20% of their time to work on projects they find interesting, resulting in 50% of new products. He was also an informal advisor to President Obama.

1. ERIC SCHMIDT ,CEO OF GOOGLE<br />CAREER<br />Held a series of Technical positions in IT companies like bell labs , zilog , xerox.<br /> Joined sun microsystems & rose to become the CTO in 1983.<br /> Become CEO of novell in 1997.<br />Joined google’s board of directors as chairman in march 2001 and became CEO in august 2001. <br />GOOGLE<br />DERIVED FROM: googol<br />MEANING: 1 followed by 100 zeros<br />MISSION: infinite amount of information on web <br />ERIC S STATEMENT <br /> Half of Google's revenue comes from selling text-based ads that are placed near search results and are related to the topic of the search. Another half of its revenues come from licensing its search technology to companies like Yahoo. <br />ERIC ‘S MODEL<br />80/20 INNOVATION MODEL<br />70/20/10 MANAGEMENT TIME ALLOCATION MODEL <br />INNOVATION MODEL:<br />Percent of time google employees can spend on ideas and project that interest them- <br /> 20% (a day a week).<br /> Percentage of google products originated from that 20% of time -<br /> 50%<br />TIME ALLOCATION MODEL(in business)<br />70% of time should be dedicated to core business tasks. <br />20% of time should be dedicated to projects related to the core business. <br />10% of time should be dedicated to projects unrelated to the core busines <br />TIME ALLOCATION MODEL(in education)<br /> 70% of learning & development takes place from real-life and on-the-job experiences, tasks, and problem solving. This is the most important aspect of any learning and development plan. For example, the real learning from a skill acquired in a training program, or from feedback, takes place back on the job when the skill or feedback is applied to a real situation.<br /> 20% comes from feedback and from observing and working with role models.<br /> 10% of learning and development comes from formal training.<br />POLITICAL ROLE:<br />Informal advisor to obama during his presidendial election .<br />Schmidt was a member of president obama’s transition advisory board .<br />A member of the President's Council of Advisors on Science and Technology PCAST. <br />GOOGLE FACTS :<br /> “We want to make sure the thing you're looking for is on Google 100 percent of the time. “- ERIC SCHMIDT<br />Qualities of a Successful Entrepreneur……..<br />Clear Objective<br /> Risk- Taking<br /> Innovator<br /> Creativity<br /> Adaptability to Changing Situations<br /> Interested in Diversity<br />Imagine a person who has all these qualities....... <br />Walt Disney- “The Artist Hero!”<br />Walter Elias Disney(1901- 1966) – Founder of The Walt Disney Company - one of the largest media and entertainment corporations across the globe<br />He was a multiple Academy Award-winning American Entrepreneur<br />Famous for <br />Influence in the field of entertainment

2. Animated Films,

3. Innovative theme parks ,etc. The Life of Young Walt..<br />Walt was born in Chicago, Illinois, on December 5, 1901, one of 5 children<br />Young Walt had a very early interest in drawing and art<br />Besides his other interests, Walt attended McKinley High School in Chicago.<br />Also interested in Acting & Performing.<br />Walt Disney tried to join the army but he was too young. So, he lied to the Red Cross about his age and they sent him overseas where he drove an ambulance, which he had covered in cartoon characters.<br />The Beginning Of A Legacy<br />He wanted to pursue a career in commercial art, which soon lead to his experiments in animation.<br />Disney- A Risk Taker<br />His talents were first used in a silent cartoon entitled Plane Crazy<br />Mickey Mouse made his screen debut in Steamboat Willie, the world's first synchronized sound cartoon, which premiered at the Colony Theatre in New York<br /> Disney was an innovator- i.e., his drive to perfect the art of animation was endless.<br />Walt got his 1st academy awards in 1932 for the production entitled Flowers and Trees.<br />In 1937, Snow White and the Seven Dwarfs, the 1st full-length animated musical feature was premiered.. The film was produced at the cost of $1,499,000 during the depths of the Depression <br />During the next 5 years, Disney Studios completed other full-length animated classics such as Pinocchio, Fantasia, Dumbo, & Bambi.<br />Walt wanted diversification. In the late 1940s, Disney began sketching ideas for a Disney theme park<br />Walt Disney's dream of a clean, and organized amusement park, came true, as Disneyland Park opened in 1955<br />Inside The Magic Kingdom: How Disney Achieved Success<br />“Always remember that this whole thing was started with a dream and a mouse,” Disney said. <br />He created the world’s first multimedia empire.<br /> An entrepreneur with a natural flair for animation, Disney became one of the world’s most well-known and respected entertainers, creating a company that continues to gross over $30 billion yearly. What was the secret behind the magic? <br />What was the secret behind the magic?<br />He Thought beyond his time <br />He Pushed His Sales<br />He Followed His Dreams<br />He Was Creative<br />He Seized Control<br />He Was Selective<br /> Disney died on December 15, 1966. As a producer, director and animator, Disney created one of the world’s most recognized and cherished brands. <br />To other budding entrepreneurs, he says this: <br /> “The way to get started is to quit talking and begin doing.” <br />vels srinivasa college of engg. & tech.<br />Chennai<br />assignment on<br />the most inspired business icon<br />eric schmidt<br />submitted by<br />r .suganya<br />roll no. 40<br />vels srinivasa college of engg. & tech.<br />Chennai<br />assignment on<br />submitted by<br />S.MANIKANDAN<br />