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Short and Comprehensive PPT On Jeff Bezos

Jeff Bezos is the founder and CEO of Amazon. He has a visionary and relentless approach to business. Some key traits include: - He had a vision for transforming online shopping and building Amazon into a massive technology company. - He is relentlessly focused on achieving ambitious goals and experiments at Amazon. - As a leader, he demands high standards and results from employees but can also be ruthless in his approach.

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Nitish Joshi
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0% found this document useful (0 votes)
2K views17 pages

Short and Comprehensive PPT On Jeff Bezos

Jeff Bezos is the founder and CEO of Amazon. He has a visionary and relentless approach to business. Some key traits include: - He had a vision for transforming online shopping and building Amazon into a massive technology company. - He is relentlessly focused on achieving ambitious goals and experiments at Amazon. - As a leader, he demands high standards and results from employees but can also be ruthless in his approach.

Uploaded by

Nitish Joshi
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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JEFF BEZOS

The analysis of traits, behaviours and


attitudes of Jeffrey Bezos based on ‘The
Everything Store: Jeff Bezos and the Age
of Amazon’ by Brad Stone.

Slawomir Starzec
Date: 5th May 2015
“It’s the long-
anticipated,
honest accountof The author of The Everything Store is a
senior writer in Bloomberg Businessweek
the company of who specialises in technology and is known
our age, and for writing cover stories on leading
deeply personal technology companies such as Apple,
look at the iconic Google, Facebook,Twitter andYahoo.
entrepreneur who
founded it.”

“Brad Stone
Published in 2013 and chosen as a Best Book of
2013 by The WashingtonPost. captures Jeff’s
passion and
The gathered material of 300 interviews combined
with Stone’s fifteen years of writing on Amazon brilliance inthis
resulted in 361 pages of a comprehensive biography
of Amazon and its founder enriched by unknown
well-reported
stories andfacts. and compelling
narrative.”
CHILDHOOD
Jeff Bezos was born on January 12, 1964, in
Albuquerque, New Mexico, to a teenage mother,
Jacklyn Gise Jorgensen, and his biological father,
Ted Jorgensen.
Bezos's parents divorced within a year, and
when Bezos was four years old his mother
married his step-father Mike Bezos, a Cuban
immigrant.
 Brad Stone argues, that the fact of being
adopted gave Bezos a powerful motivation to
succeed like other technology icons, Steve Jobs
and LarryEllison.
 Interested in how things work – at the age of
three, disassembled his crib with a screwdriver
because he insisted on sleeping in an ordinary
bed.
Bezos had an early love of computers and
studied computer science and electrical
engineering at Princeton University.
FACTS
Started from the Bezos family garage in 1995.
(First sold book - Douglas Hofstadter's Fluid Concepts
And Creative Analogies: Computer Models Of The
Fundamental Mechanisms OfThought).

Within 30 days his siteAmazon could sell books in


50 states and45 foreign countries.

 Employs 154.000people.

 145 fulfilment centres across the world.

 270million active users (Statista.com, 2014).

 Amazon US store sells 323million of products.

 Worth $38 billion (Forbes, 2015).


VISIONARY
RELENTLESS

STRATEGY
RUTHLESS

LEADERSHIP
CREATIVE
VISIONARY
Bezos believed that technology offered
limitless possibilities i.e. limitless selection,
exceptional customerexperience.

He had a vision that technology could change


the way peopleshop.

The venture of building e-commerce shop in


the 1990’s was seen as inviable.

He had a vision to transform Amazon from just


a retailer to a technology company which would
be difficult to compete with.

He pursues his childish dreams which tend to


become reality as Blue Origin - a privately
founded aerospace program which develops
technologies to enable private human access to
space.
“Physically I’m achicken.
Mentally, I’m bold.”
Jeff Bezos
CREATIVE
Exceedingly creative in achieving high goals. He
once introduced the idea of the effects of a zero-
gravity environment on the housefly (High school
friends).

He has a rare ability to envision new trends (i.e.


diversification into digital books when very few e-books
were available).

He’s involved in visionary projects (i.e. Amazon


PrimeAir allowing 30 min delivery through drones).
Amazon PrimeAir

Described by friends as unnaturally gifted and


ambitious in inventing new things.
RELENTLESS
Bezos holds to the motto “Step by step. Ferociously”
which captures Amazon’s philosophy.

Friends and workers say that Bezos extremely


focused on achieving results.

 If you're not stubborn, you'll give up on


experiments too soon.

Relentless.com – one of the first names of Amazon


Bezosliked the most.
“Are you lazy or just incompetent?”

Jeff Bezos
RUTHLESS
Stone argues that Bezos ,like Steve Jobs, BillGates, and
Larry Ellison, lacks a certain degree of empathy which
allows him to treat workers as expendable resources.

He can coldly allocate capital and manpower without


considering humanfactor.

Bezos has a volcanic temper and during his emotional


outbursts he would not hesitate to call people ‘complete
idiots’.

He devised a ruthless ‘Gazelle Project’ to approach


publishers in an aggressive way as a cheetah approach
gazelle (lower prices, longer bill payment periods).

 When focused on some project, he would work people


to exhaustion and expect complete commitment.

 Many CEOs leftAmazon (e.g. Erick Goss) as they


couldn’t reconcile ruthlessAmazon’s tactics with their
personal values.
“Our vision is to be the world’s most consumer-centric
company, where consumers can come to find anything
they want to buy online. ”
Jeff Bezos
STRATEGY
Stone argues that particular passions of Bezos
(books) guided theAmazons strategy.

 Aggressive strategy ofAmazon (acquisitions) is a


manifestation of personal traits of Bezos.

Always focused on a long-term strategy even if it


means to obtain ‘0 margin profit’ (as through its
formative years).

No matter what you sell - offer wider selection,


lower prices and fast, reliable deliver.

“Everyone has to be able to work in a call center”


(everyA. employee has to work in call-center for 2 days
every year).
“Put the customer first. Invent. And
be patient.”
Jeff Bezos
LEADERSHIP
 Amazon’s 14 leadershipprinciples

Customer obsession (empty chair at


meetings)
 Ownership (Never say ‘that’s not my job’)
 Invent and simplify
 Leaders are Right, a Lot
 Hire and Develop the Best
 Insist on the Highest Standards
 Think Big (Get big fast)
 Bias forAction
 Frugality
 Vocally SelfCritical
 EarnTrust of Others
 Dive Deep
 Have Backbone; Disagree and Commit
 Deliver Results (Bezos is an aggressive
manager who expects immediate results)
“Work hard, have fun and make
history.”
Jeff Bezos
THANKYOU

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