The Amazon Way by BusinessNews Publishing

Author:BusinessNews Publishing
Language: fra
Format: epub
Publisher: FichesdeLecture.com
Published: 2015-03-15T00:00:00+00:00

While Amazon's investors may complain this approach neglects paying them dividends (something Amazon has never done or even really considered), it allows the company to continue building and expanding what is one of the most dominant enterprises in the world. Free cash flow has enabled Amazon to survive while many other Internet companies rode the boom times and then collapsed. In Bezos's view, they put too much emphasis on short-term profits and not enough on long-term value creation.

“Take a long-term view and the interests of customers and shareholders align.”

- Jeff Bezos

There is one other philosophy which Bezos instills in Amazon employees. He terms i t his “regret minimalization framework.” It goes something like this:

Imagine you're 80 years old.

As you look back on your life, what do you regret not doing or not trying?

Get busy doing all those things right now so when you really do get to age 80, youwon't have those regrets.

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