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Microsoft is not looking for know-it-alls. Instead it wants employees who know how to learn. "We do obviously look for very specific skills for students coming off of campuses," says Chuck Edward, the company's head of global talent acquisition. "But the reality is, we're hiring them because they've learned how to learn."

It's part of a cultural transformation under CEO Satya Nadella where employees are encouraged to ask questions when they don't know something, take risks without judgment and not be afraid to fail. "Whether you're a college grad, in the industry, or an exec, all of us are needing to be continuous learners," says Edward. "College grads are just great at it because that's what they've been doing for the last several years." --T.Z.