How to Grow Your Business Like Amazon - The Accelerate Cycle

27/05/2021 33 min Episodio 5
How to Grow Your Business Like Amazon - The Accelerate Cycle

Listen "How to Grow Your Business Like Amazon - The Accelerate Cycle"

Episode Synopsis

In the newest installment of How to Grow Your Business Like Amazon, Steve takes a deep dive into the Accelerate Cycle, which contains the core principles that propelled Amazon's massive growth. Within the Accelerate Cycle, Steve highlights the origins and importances behind the following principles: Generate High-Velocity Decisions, Make Complexity Simple, Accelerate Time with Technology, and Promote Ownership. Listen as Steve walks us through how Jeff Bezos focused on each of these core principles to enhance various sectors of Amazon, as well as integrate new, lofty ideas thought to be impossible. So sit back, relax, and enjoy another thought-provoking conversation that could leave you with some helpful information, which you could apply to your own business!Timecodes:00:05 - Introduction and overview on past episodes00:50 - The Accelerate Cycle overview01:45 - Principle 7: Generate High-Velocity Decisions05:00 - Never make a one-size-fits-all decision making process07:30 - The importance behind the phrase "disagree and commit"10:00 - Writing clarifies your thoughts 12:50 - Principle 8: Make Complexity Simple14:50 - Amazon re-invented a basic book with the Kindle19:30 - Principle 9: Accelerate Time with Technology22:00 - Amazon Web Services is a perfect example of this principle25:40 - Principle 10: Promote Ownership28:00 - Getting employees to act and think on behalf of the entire company30:30 - The Amazon Smile concept to incorporate charitable giving 33:20 - What is coming in the next episodeConnect with Steve Anderson:The Success NetworkFacebookLinkedInWebsite

More episodes of the podcast How to Grow Your Business Like Amazon