LPs Flashcards
CUSTOMER OBSESSION
- start with customer and work backwards
- work to earn & keep their trust
OWNERSHIP
- Leaders are owners
- Think long-term
- Act on behalf of whole company, not just my team
- Never say “that’s not my job”
ARE RIGHT, A LOT!
- Leaders are right, a lot!
- Leaders have strong judgment, and good instincts
- They seek diverse perspectives, and work to disconfirm my beliefs
WHO IS AMAZON CEO?
as of July 5, 2021: Andy Jassy (former head of AWS)
WHO IS HEAD OF AWS?
as of July 5, 2021: Adam Selipsky
When was Amazon started?
July 5, 1994
When was AWS started?
2006
How many Amazon employees worldwide?
1.3 million
INVENT & SIMPLIFY
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.
EARN TRUST
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.
SUCCESS & SCALE BRING BROAD RESPONSIBILITY
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.
DIVE DEEP
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.
FRUGALITY
Accomplish more with less. Constraints breed resourcefulness, self-sufficiency, and invention. There are no extra points for growing headcount, budget size, or fixed expense.
BIAS FOR ACTION
Speed matters in business. Many decisions and actions are reversible and do not need extensive study. We value calculated risk taking.
INSIST ON HIGHEST STANDARDS
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.