Guest Lecture Amazon Flashcards

1
Q

Amazon’s mission

A

to be Earth’s most customer-centric company

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2
Q

Starting point of innovation

A

start with the customer and work backwards

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3
Q

Growth Flywheel

A

It starts with building things from the customer experience (CE) so that the customer wants to buy from Amazon, which in turn drives traffic, which in turns attracts more partners (sellers), which influences the selection

  • Price
  • Selection
  • Convenience
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4
Q

How do we organize for Innovation?

A
  1. Culture
  2. Mechanisms
  3. Architecture
  4. Organization
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5
Q

How do we organize for Innovation? | Culture

A
  1. Culture -> our Leadership Principles
  2. Invent and Simplify
  3. Willingness to be misunderstood for a long time (Kindle)
  4. Bias for Action
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6
Q

How do we organize for Innovation? | Mechanisms

A
  1. A mechanism is a complete process

2. Working backwards: A Mechanism for Innovation

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7
Q

How do we organize for Innovation? | Architecture

A
  1. A shift to microservices
  2. Self-service without gatekeepers
  3. Accelerate the pace of innovation
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8
Q

How do we organize for Innovation? | Organization

A
  1. Amazon hires builders and lets them build
  2. Two-pizza teams are fast and agile, fostering ownership and autonomy
  3. Learn from failures
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9
Q

Two-pizza teams principle

A

A way to measure the number of people, if a team is larger than what you can feed with two pizza’s the team is already too big > teams need to be small, need to know each other

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