amazon principles Flashcards

1
Q

Customer Obssesion

A

Leaders start with the customer and work backwards. They work vigorously to earn and keep customer trust. Although leaders pay attention to competitors, they obsess over customers. “proactive engagement, tailored solutions, feedback integration”

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2
Q

Ownership

A

Leaders are owners. They think long term and don’t sacrifice long-term value for short-term results. They act on behalf of the entire company, beyond just their own team. They never say “that’s not my job.” “issue resolution, goal achievement, client advocacy

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3
Q

Invent and Simplify

A

Leaders expect and require innovation and invention from their teams and always find ways to simplify. They are externally aware, look for new ideas from everywhere, and are not limited by “not invented here.” As we do new things, we accept that we may be misunderstood for long periods of time. “Process improvement, creative solutions, user friendly communcations.”

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4
Q

Are right, a lot

A

Leaders are right a lot. They have strong judgment and good instincts. They seek diverse perspectives and work to disconfirm their beliefs. “data driven decision making, thorough research and preperation, seeking expertise and feedback”

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5
Q

Learn and be curious

A

Leaders are never done learning and always seek to improve themselves. They are curious about new possibilities and act to explore them. “Continuous learning (growth opps, industry trends, new methodologies), explorting new avenues, feedback integration)

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6
Q

Hire and develop the best

A

Leaders raise the performance bar with every hire and promotion. They recognize exceptional talent, and willingly move them throughout the organization. Leaders develop leaders and take seriously their role in coaching others. We work on behalf of our people to invent mechanisms for development like Career Choice. “talent recognition, leadership development, performance benchmarking)

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7
Q

Insist on the highest standards

A

Leaders have relentlessly high standards — many people may think these standards are unreasonably high. Leaders are continually raising the bar and drive their teams to deliver high quality products, services, and processes. Leaders ensure that defects do not get sent down the line and that problems are fixed so they stay fixed.

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8
Q

Think Big

A

Thinking small is a self-fulfilling prophecy. Leaders create and communicate a bold direction that inspires results. They think differently and look around corners for ways to serve customers.

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9
Q

Bias for action

A

Speed matters in business. Many decisions and actions are reversible and do not need extensive study. We value calculated risk taking. (immediate response, rapid prototyping, empowered decision making)

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10
Q

Frugality

A

Accomplish more with less. Constraints breed resourcefulness, self-sufficiency, and invention. There are no extra points for growing headcount, budget size, or fixed expense.

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11
Q

Earn Trust

A

Leaders listen attentively, speak candidly, and treat others respectfully. They are vocally self-critical, even when doing so is awkward or embarrassing. Leaders do not believe their or their team’s body odor smells of perfume. They benchmark themselves and their teams against the best.

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12
Q

Dive deep

A

Leaders operate at all levels, stay connected to the details, audit frequently, and are skeptical when metrics and anecdote differ. No task is beneath them.

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13
Q

Have backbone, disagree and commit

A

Leaders are obligated to respectfully challenge decisions when they disagree, even when doing so is uncomfortable or exhausting. Leaders have conviction and are tenacious. They do not compromise for the sake of social cohesion. Once a decision is determined, they commit wholly.

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14
Q

Deliver results

A

Leaders focus on the key inputs for their business and deliver them with the right quality and in a timely fashion. Despite setbacks, they rise to the occasion and never settle.

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15
Q

Strive to be the earth’s best employer

A

Leaders work every day to create a safer, more productive, higher performing, more diverse, and more just work environment. They lead with empathy, have fun at work, and make it easy for others to have fun. Leaders ask themselves: Are my fellow employees growing? Are they empowered? Are they ready for what’s next? Leaders have a vision for and commitment to their employees’ personal success, whether that be at Amazon or elsewhere.

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16
Q

Success and scale bring broad responsibility

A

We started in a garage, but we’re not there anymore. We are big, we impact the world, and we are far from perfect. We must be humble and thoughtful about even the secondary effects of our actions. Our local communities, planet, and future generations need us to be better every day. We must begin each day with a determination to make better, do better, and be better for our customers, our employees, our partners, and the world at large. And we must end every day knowing we can do even more tomorrow. Leaders create more than they consume and always leave things better than how they found them.

17
Q

Customer Obssesion - Job Description

A

As a Senior Customer Success Manager, your commitment to customer obsession manifests in identifying and executing strategies with vendors to improve the end-customer experience. For instance, by collaborating closely with a major home goods vendor, you might analyze customer feedback data to suggest product enhancements that align with customer preferences, thereby boosting sales and satisfaction.

18
Q

Ownership - Job Description

A

Taking ownership means being responsible for fostering strong relationships with vendors. For instance, taking charge of a critical vendor partnership, you initiate regular meetings, identify mutual growth opportunities, and ensure prompt resolution of any operational issues, showcasing accountability and dedication to success.

19
Q

Bias for Action - Job Descriptin

A

When facing a situation where a vendor is experiencing logistical challenges affecting customer delivery times, your proactive approach involves swiftly analyzing supply chain data, collaborating with internal teams, and proposing immediate solutions to ensure seamless order fulfillment, aligning with Amazon’s emphasis on prompt action.

20
Q

Invent and Simplify - Job Description

A

In your role, inventing and simplifying might involve introducing a new dashboard or system to streamline vendor communication and data sharing. By developing an easy-to-use interface that consolidates key metrics and insights, you simplify the process of understanding performance, aiding vendors in making informed decisions.

21
Q

Learn and Be Curious - Job Description

A

Demonstrating this principle, you might constantly seek new market trends and customer preferences. For example, by closely monitoring the changing preferences in the music/video category, you identify a shifting demand for a particular genre, advising vendors to capitalize on this trend for better sales.

22
Q

Earn Trust - Job Description

A

Building trust involves advocating for vendors within Amazon. For instance, by understanding a vendor’s concerns regarding inventory management, you act as their internal advocate, effectively communicating their needs to relevant teams, thus fostering trust and collaboration.

23
Q

Dilever Results - Job Description

A

A tangible example of delivering results might involve setting and achieving specific growth targets with a vendor. By strategizing and implementing joint business plans that result in a 20% increase in sales within a quarter, you showcase your commitment to achieving tangible outcomes.

24
Q

Frugality - Job Description

A

Being frugal while ensuring high operational standards could involve optimizing marketing spends for a vendor. By analyzing past campaigns’ ROI and suggesting cost-effective yet impactful strategies, you maintain high standards without overspending.

25
Q

Have Backbone - Job Description

A

Encouraging healthy debates with vendors might lead to disagreements on marketing strategies. However, after discussing differing viewpoints, you commit wholeheartedly to the agreed-upon plan, ensuring alignment and progress toward shared goals.