Guest Lecture Amazon Flashcards
Amazon’s mission
to be Earth’s most customer-centric company
Starting point of innovation
start with the customer and work backwards
Growth Flywheel
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
How do we organize for Innovation?
- Culture
- Mechanisms
- Architecture
- Organization
How do we organize for Innovation? | Culture
- Culture -> our Leadership Principles
- Invent and Simplify
- Willingness to be misunderstood for a long time (Kindle)
- Bias for Action
How do we organize for Innovation? | Mechanisms
- A mechanism is a complete process
2. Working backwards: A Mechanism for Innovation
How do we organize for Innovation? | Architecture
- A shift to microservices
- Self-service without gatekeepers
- Accelerate the pace of innovation
How do we organize for Innovation? | Organization
- Amazon hires builders and lets them build
- Two-pizza teams are fast and agile, fostering ownership and autonomy
- Learn from failures
Two-pizza teams principle
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