Top-down hierarchies suck the fun and creativity out of organizations and a quick, bad decision is often better than a slow, good one. That’s the belief of Jason Trost, the Founder and CEO of Smarkets, one of the world’s largest betting exchanges. He talks to John and Cynthia about the value of political capital, the necessity of risk, and how teaching people to teach themselves is at the core of his start-up’s culture.
Cynthia is a Senior Client Partner at Korn Ferry, responsible for driving strategy executions and organization design solutions. She has extensive global consultancy and business management experience, having held several advisory, management, and sales roles across different industries. Cynthia is based in Korn Ferry's London office.
John is the founder of BigHeads Network, a podcast production company that arms listeners with the critical cross-industry perspectives and diverse viewpoints that help spur innovation, solve tough problems and build skills.
Jason Trost moved to London from the United States in 2007 to start Smarkets, one of the world's largest betting exchanges for trading on sport and politics. In a few short years, he has engineered Smarkets into a market leader that has billions of pounds in annual trading volume and has been named one of the fastest-growing companies in Europe. Jason graduated from Northwestern University with a degree in Computer Science and has previously worked at UBS and Great Point Capital.
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