Tag Archives: Jeff Bezos

A Peek Inside the Mind of Jeff Bezos

It is not too often that the leader of a Fortune 500 gives you an insight into how their company achieves competitive advantage in the marketplace in a letter to shareholders, instead of launching into a page or two of flowery prose written by the Public Relations (PR) team that works for them. The former is what Jeff Bezos tends ...

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Lessons from Four Great American Innovators

In 1912 a young scientist from New York, Clarence Birdseye departed on a fur-trading expedition to Labrador in Canada. While he was there he noticed that the local Eskimos kept their fish fresh in winter by freezing it in the ice.  He was intrigued to find that the fish retained its flavour and did not deteriorate. He wondered whether the same ...

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Uber Paranoia and Unconventional Thinking Lead to Success

When I read the WSJ article, Amazon’s Greatest Weapon: Jeff Bezos’s Paranoia, I agreed with the points about paranoia and why Bezos stands apart from many of the leaders. That allows him constantly to be aware and ahead of competition at all times. This applies to all Amazon product lines including the Kindle, Amazon books, the web services business, and the most amazing growth of Amazon in the elastic computing and cloud business and much more.

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Failure Forums: Lessons from SimonDelivers – a failure to change customer habits

SimonDelivers had launched as a online grocery delivery business in 1999 at the height of the Dot.com boom. By 2001 many of their competitors had imploded in the Dot.com bust. Miraculously SimonDelivers had managed to be one of the few that weathered the storm only to be later caught up in the real estate bust of 2008. Often times we can learn more from failures of others than from their successes. This story is a glimpse into the lessons learned from the failure of SimonDelivers.

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WANTED! Innovation CEO

“I have come to realize how much time is wasted teaching managers about the practical skills of innovation,” notes veteran new products maven Thomas Kuczmarski in a recent blog. “It is the chief executive officer that needs the lesson.”

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Amazon's Innovation Philosophy

What may have started with a question from @evanjacobs at Amazon.com's 2011 shareholder meeting, ended with interesting commentary from Amazon's CEO - Jeff Bezos - on their philosophy around invention, innovation, and risk taking. The key insights I extracted from Bezos' response to the question about their lack of big visible market failures and whether Amazon is continuing to take bold enough risks are as follows:

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