A somewhat cynical take is that "smart people" is doing a lot of work here. If you get to restrict your hiring to people who have proven themselves to be world-class in something, they are probably much more likely to respond to freedom by pursuing something than by coasting (or worse).
Yeah an unpopular and maybe socially inconvenient thing to say at parties, but the more I manage operational teams, the more I find this true. Bureaucracy stoops down to the lowest common denominator of the group. Smart people capable of self-motivating and self-organizing don’t need a lot of bureaucratic structure if given enough incentive and freedom.
