Leadership and Management of Amazon

This presentation provides insights into the leadership and management of Amazon, focusing on the success of Jeff Bezos. It covers his achievements, timeline, evaluation of success and failure, and his decision-making framework. The presentation explores the link between leadership and management theories and highlights the lessons that can be learned from Jeff Bezos' experiences.

LEADERSHIP AND
MANAGEMENT OF AMAZON

Who is Jeff Bezos ?
Jeff Bezos is the CEO and founder of Amazon
and has briefly topped Forbes rank of the
richest in July, 2017 and owns 17% of Amazon.
According to Long (2017, p.06), every
organization earn some profit and loss in the
market.
The profit and loss completely depends upon
the overall productivity of the organization.

Timeline for Jeff bezos
1986: Graduated from Princeton University with Bachelor of Science
degrees in electrical engineering and computer science. Joined startup Fitel
and built a network for international trade.
1988: Joined Bankers Trust as a product manager.
1990: Joined hedge fund D.E. Shaw & Co., where he rose to senior vice
president.
1994: Founded Amazon in a Seattle garage as an online bookseller.
2000: Founded Blue Origin for commercial space travel.
2013: Founded his personal investment firm, Nash Holdings, LLC, and
purchased the Washington Post.
2015: Successfully launched and landed Blue Origin’s space vehicle.
2016: Made his Hollywood debut in “Star Trek Beyond.”

Jeff Bezos achievements
With a $1.3 billion boost from Amazon.com, Inc. 1.6-percent
stock pop, CEO Bezos surged to a value of $90.9 billion Thursday.
The 53-year-old surpassed Gates by more than $500 million.
Bezos’ new net worth, as calculated by Forbes, represents a 20-
percent increase in value since he was appraised at $72.8 billion
in March, when he ranked No. 3 on Forbes’ list.
As just the seventh person in the 30-year history of Forbes’
wealth tracking to claim the “world’s richest person” title, he
stands alongside Microsoft Corporation MSFT co-founder Gates
and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO
Warren Buffett as the only Americans to top the list.

jeff bezos evaluate success
Be Really Stubborn On Your Vision, Really
Flexible On The Execution
Be Patient In Achieving Your Goals.
Determine The Right Goal, Then Work
Backwards.

 failure and inventions are "inseparable twins."
To invent you have to experiment, and if you
know in advance that it’s going to work, it’s
not an experiment (Hallinger, 2013). Most large
organizations embrace the idea of invention,
but are not willing to suffer the string of failed
experiments necessary to get there.
evaluate failure of Jeff Bezos

In 1994, Jeff Bezos was already what many would consider extremely
successful. The youngest-ever senior vice president at Wall Street
investment banker D.E. Shaw & Co., the 30-year-old Bezos was
already making an estimated six-figure salary and was destined to rise
even further in the company ranks (Long, 2017). But Jeff had other
plans. Fueled by a secret passion for the infant business of electronic
retailing, Jeff dreamed of creating his own company in the vast, then
virtually uncharted wilds of the World Wide Web. It was a risky move,
but it quickly paid off. Just four years after Bezos created
Amazon.com, the virtual bookstore became the template for how e-
commerce businesses should be run, with sales of more than $610
million and more than 13 million customers worldwide.
what make jeff bezos become who he is ?

Jeff Bezos trans formal/transactional leader link up leadership and management theories
Investors, executives, and anyone who merely wants to be good at their job
hang on the words of Jeff Bezos, CEO of Amazon.com. He published 1,782 of
them Wednesday in his annual letter to Amazon’s shareholders. I recommend
reading each one of them.
Bezos’s pearls of wisdom are repetitive, by design. He discusses similar
concepts year after year, tweaking them for new realities (McCleskey, 2014).
Delighting customers is a constant. The importance of being willing to
reverse direction is another hearty Bezos perennial.
Bezos also shared his thinking on how high-performance teams should work
together—including with their bosses and also when they disagree with each
other. “Recognize true misalignment issues early and escalate
them immediately,” he writes. “Sometimes teams have different objectives
and fundamentally different views.

jeff bezos any of his decision made him failure.
It was in those intervening 48 hours that
Bezos came up with a framework to make the
decision. Bezos calls it The Regret
Minimization Framework — a framework that
guides Amazon’s decisions to this day. For
Bezos, the Regret Minimization Framework
was the process of making life decisions that
could not be made rationally or objectively.

Conclusion
Thus it can be concluded that Jeff Bezos is one of
the finest retail entrepreneur. There are a lot of
things which can be learned from his life
experiences (Goetsch and Davis, 2014). It
important to work calmly without taking any
tension and there is failure in every step so one
should never be upset with loss. There are a lot of
things that Jeff Bezos has taught through his life
experience.

Reference List
Long, A., (2017). Leadership and management. ABC of Clinical
Leadership, p.5.
McCleskey, J.A., (2014). Situational, transformational, and
transactional leadership and leadership development. Journal of
Business Studies Quarterly, 5(4), p.117.
Goetsch, D.L. and Davis, S.B.,( 2014.) Quality management for
organizational excellence. Upper Saddle River, NJ: pearson.
Hallinger, P., (2013). A conceptual framework for systematic
reviews of research in educational leadership and
management. Journal of Educational Administration, 51(2),
pp.126-149.