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Having Bias for Action for smart business growth with Andrea Leigh

Having Bias for Action for smart business growth with Andrea Leigh

FromThink Like Amazon


Having Bias for Action for smart business growth with Andrea Leigh

FromThink Like Amazon

ratings:
Length:
31 minutes
Released:
Apr 19, 2021
Format:
Podcast episode

Description

Andrea spent 10 years at Amazon where she led over 15 product categories, helped launch Amazon’s automated pricing system, and ran Amazon Prime for Amazon Canada. During this time, Andrea made and oversaw many decisions where speed was critical to grow nascent programs and delight customers. Since leaving Amazon in 2015, Andrea has consulted hundreds of manufacturers and helped grow an agency business while continuing to make quick, calculated decisions and learn from mistakes.  In this episode, Andrea shares several examples from key moments in Amazon’s history where speed was critical. You’ll hear how Amazon’s Bias for Action principle can help marketplaces, service industries, and manufacturers better serve customers and make smart decisions, and you’re sure to enjoy a few fresh ideas from Andrea’s examples and advice.  Mentioned in the podcast: Andrea on LinkedIn: https://www.linkedin.com/in/andreakleigh/Andrea Leigh Consulting: https://andreakleighconsulting.com/Ideoclick:  https://ideoclick.com/ More from the episode: 6:00 – A litmus test for when to lean on Bias for Action8:50 – [Amazon Fresh example] When it’s hard to experiment with an existing customer base11:12 – [Amazon Pricing example] How decisions can be both calculated and fast15:55 – [Amazon Grocery example] Acting quickly to unwind a decision19:27 – How Bias for Action can look different within a services business22:58 – The opportunity for manufacturers to have bias for action in understanding their competitive set25:25 – How creating an organizational tolerance for failure fosters Bias for Action
Released:
Apr 19, 2021
Format:
Podcast episode

Titles in the series (32)

Learn from Amazon executives how to apply Amazon's best principles and processes to grow your own business. Listen as Amazon's strategies, frameworks, and mechanisms are broken down in the personal experiences of senior Amazon leaders so that they can be replicated and applied in your work as manager, leader, entrepreneur, or digital innovator. As host of Think Like Amazon, Tyler Wallis, a former Amazon leader himself, takes you deep into conversations with business and technology leaders at Amazon to explore the management and innovation processes that catapulted the company's growth. You'll explore how principles such as working backwards, customer obsession, and fast decision making can help you take your business to the next level.Follow new releases and updates at https://www.linkedin.com/company/think-like-amazon-podcast/