How Google's CEO Eric Schmidt keeps the company on the righteous path

Google (GOOG) CEO Eric Schmidt spoke at MIT this afternoon. He had some interesting things to say about the company's place in the world -- and how Google can continue to follow its golden rule, "Don't be evil."

Schmidt came to MIT to honor the memory of one of my MIT professors, Dr. Michael Hammer, who, as I wrote earlier, tragically passed away about 14 months ago. Hammer was most famous for co-authoring Reengineering the Corporation, along with my former boss, James A. Champy. But Hammer received tenure as a computer science professor at MIT before he became a management guru.