Schmidt is describing an organization that exemplifies many of the most forward-thinking management values: empowerment, trust, engagement, alignment. And very much to his credit, he does it without using any of those buzzwords. (Not that buzzwords are always bad. There’s nothing wrong with talking about, say, transparency, for example.) People are going to do what they do. A company that can actually fill positions with people who actively want to do the things the job requires, who were going to perform those tasks anyway–that company has a tremendous advantage.
Of course, it takes leadership to build that kind of organization.