The Success of Amazon Is Built on Its Leadership Ideals - Deepstash
De-escalate Office Tension

Learn more about personaldevelopment with this collection

How to create a positive work environment

Conflict resolution strategies

Effective communication in the workplace

De-escalate Office Tension

Discover 87 similar ideas in

It takes just

12 mins to read

The Success of Amazon Is Built on Its Leadership Ideals

The Success of Amazon Is Built on Its Leadership Ideals

Amazon's leadership values are the bedrock of its success.

Amazon's Invent and Simplify concept was exhibited by Bezos' imaginative thinking. Amazon executives are constantly looking for fresh and imaginative ways to accomplish their goals.

Bezos displayed another principle by quitting his job: a Bias for Action. Amazon executives believe that speed is critical to their company's success. Even if you act fast and make a mistake, you can generally recover. It's better to take a calculated risk like Bezos did when he quit the hedge fund, rather than spending a lot of time evaluating your choices.

103

1.12K reads

MORE IDEAS ON THIS

Thinking Big and Executing With Frugality

Thinking Big and Executing With Frugality

Amazon's executives realize that tiny dreams only lead to small accomplishments. The Amazon team sees a bright, daring future, and it is this vision that has led to such remarkable success.

The company's earliest offices were in a small basement in Seattle when Bezos launched his online boo...

98

979 reads

Avoiding Confirmation Bias: The Amazon Way

Avoiding Confirmation Bias: The Amazon Way

Amazon avoids confirmation bias by requiring all interviewers to write full reports on candidates immediately following their interviews and before speaking with coworkers. The interviewers consult these reports when they meet to discuss the candidate. This system ensures that each person's opini...

92

687 reads

How Normal Companies Usually Work

How Normal Companies Usually Work

Rather than prioritizing the consumer experience, product teams look for inspiration closer to home. They may begin by appraising the skills of their research and development teams, or by being limited to the company's cost and profit margin choices.

After they've created a new product that...

93

512 reads

The Press Release And FAQ Method

The Press Release And FAQ Method

If a product team has a new product idea, they should start by drafting a one-page document. This paper is formatted like a press release. It imagines that the product has already been created and extols the benefits that the product will bring to Amazon's customers. 

The product team also ...

95

515 reads

Hiring Is A Mission-Critical Decision

Hiring Is A Mission-Critical Decision

Consider yourself a senior executive tasked with purchasing a multimillion-dollar plant to produce your company's goods. Because the decision you make will have a long-term impact on the company's bottom line, you would go through a thorough procedure to ensure that you select the proper manufact...

94

778 reads

No PPTs And Ample Reading Time In Meetings

No PPTs And Ample Reading Time In Meetings

In 2004, Amazon's senior managers took turns stepping up and giving a weekly presentation on a significant topic. However, these presentations were frequently ineffective. The CEO then took a decision.

Now, no PowerPoint presentations are ever used. Also, every meeting begins with silence f...

100

675 reads

Countering Hurried Hiring: The Bar Raiser

Countering Hurried Hiring: The Bar Raiser

Amazon has a unique weapon in their recruitment process that avoids urgency bias: the bar raiser. A bar raiser is a highly experienced interviewer who is not a member of the hiring team and has no vested interest in ensuring that someone is hired swiftly. The bar raiser is in charge of conducting...

95

671 reads

The Ideals Of Business At Amazon

The Ideals Of Business At Amazon

  • The success of Amazon is built on its leadership ideals.
  • Amazon has eliminated confirmation bias and hurry from its hiring process.
  • When it comes to delivering complex material, PowerPoint presentations fall short.
  • Amazon distinguishes itself by prioritizing the needs...

93

1.57K reads

Customers Love Free Shipping

Customers Love Free Shipping

Many consumers still didn't find online purchasing convenient in the mid-2000s. Most things still took several days to arrive, which meant that consumers who wanted something quickly, such as a last-minute gift, preferred to shop at a physical store. Shipping charges, which were quite high in the...

93

498 reads

Amazon Prime: The Result Of Customer Obsession

Amazon Prime: The Result Of Customer Obsession

In 2005, Bezos created Amazon Prime, a subscription-based membership club which offered free two-day shipping and a reduced alternative for next-day delivery. 

Amazon registers $25.21 billion in annual revenue from retail subscription fees from its over 200 million members, making it a mass...

91

628 reads

Amazon: The Beginning

Amazon: The Beginning

Jeff Bezos worked for a New York hedge fund in 1994. That year, Bezos learnt that the internet's user base was expected to rise by over two thousand per cent per year in the future years. Soon after, he made a bold decision that would come to define Amazon's philosophy: he quit his hedge fund pos...

97

1.81K reads

Spending More To Delight The Customer

Spending More To Delight The Customer

Despite Amazon's assurances that their books would be delivered via first-class mail, each book was delivered by priority mail. The corporation paid a higher price for this, but buyers were happy when their books arrived considerably sooner than expected. Every decision A...

93

980 reads

Urgency Bias

Urgency Bias

Urgency bias occurs when a team feels compelled to fill a vacant position, maybe because they are responsible for the work of the absent worker. Because they're so eager to find someone, they overemphasize a candidate's qualities and ignore his weaknesses. In many circumstances, this means they h...

94

841 reads

Confirmation Bias During Hiring

Confirmation Bias During Hiring

When multiple interviewers conduct interviews with the same candidate, this can happen. After the first interviewer has finished, she may speak with the other interviewers informally about whether they liked or disliked the candidate. This may appear innocuous, but it establishes expectations in ...

91

641 reads

The Six Page Memo

The Six Page Memo

Amazonians ditched PowerPoint in favour of a six-page document in 2004. Meeting attendees now read this message for twenty minutes during each meeting. The six-pager follows a narrative format to explain the subject. This enables the topic to be discussed in greater depth and complexity, rather t...

103

620 reads

Removing Bias Of The Presentation Style

Removing Bias Of The Presentation Style

The six-page document also attempts to equalize the playing field among employees. Meeting attendees would invariably rate new suggestions based in part on the presenter's speaking and graphic-design skills when PowerPoint was used to explain them. Regardless of how strong their ideas were, skill...

96

574 reads

Working Backwards

Working Backwards

What does it mean to work backwards? It means prioritizing the client at Amazon. When Amazonians come up with new product ideas, they don't start with Amazon's needs and capabilities in mind. Instead, they exclusively evaluate what will improve the lives of their clients.

T...

97

574 reads

CURATED FROM

CURATED BY

matclar

Diplomatic Services operational officer

A few great ideas and innovations from Amazon.

stash-superman-illustration

Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

5,740 Reviews

App Store

4.7

72,690 Reviews

Google Play

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

samz905

Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates