In theory this is always the right thing to do no matter what industry you are in. Do you want to build a good software organization then hire smart people and

In theory this is always the right thing to do no matter what industry you are in. Do you want to build a good software organization then hire smart people and get out of their way but in practice it is basically impossible. First to know what smart looks like you have to be smart yourself before you can hire more smart people. Second you have to be really cognizant to not hire more people like yourself because not all smart looks the same way. Third whatever position you're hiring for you need to understand well enough to recognize the same kind of skill in others but this kinda conflicts with the second point because expertise always introduces bias. Fourth you have to be ruthless when it comes to firing people because every so often you will make a mistake and hire a bozo that looked smart and people really don't like firing people. Basically all the cards are stacked against you and what I've observed in most software organizations is that you'll be lucky if you manage to make 10% of your workforce satisfy the "smart" metric.