Our readingWhat is a korrent?
In practice "hire good people and give them room to do their jobs" often means hiring professional fakers and letting them drive the company into the ground.
Drawn from what Paul Graham said
What these subjects mean
hiring Finding people and judging them: referrals, open calls, contests, and reading the work rather than the CV.
management Running the place: an executive's calendar, dissent, severance, and what a manager is actually for.