Fortune writer Katie Benner ’99 examines the success of private equity giant Blackstone and the man at the top, Chairman, CEO and Co-Founder Steve Schwarzman.
Benner writes that it often feels that Schwarzman’s philosophy infuses every inch of Blackstone.
“Employees high and low preach the need to operate with a ‘zero defect’ mentality,” writes Benner in the article. “They all express an intolerance of error, a willingness to challenge one another, and constant vigilance against the prospect of losing money.” Read the Fortune article.
Trustee John Studzinski ’78 runs Blackstone Advisory Partners and is a senior managing director of The Blackstone Group.