Amazon is one of the most successful companies in the world, and it has achieved that success through the use of a variety of principles. Amazon has 14 core principles that it follows to guide its operations and ensure success.
These principles are customer obsession, ownership, invent and simplify, learn and be curious, hire and develop the best, think big, are right a lot, bias for action, frugality, earn trustworthiness of others, dive deep, have backbone; disagree and commit; deliver results; and be passionate.
Customer Obsession: The first principle is customer obsession. Amazon believes in putting customers first and making sure they have a positive experience when using Amazon’s products or services. This means focusing on customer needs instead of company profits or other considerations.
Ownership: The second principle is ownership. Everyone at Amazon should take ownership of their work and be responsible for it. This means taking initiative to solve problems instead of waiting for someone else to do it.
Invent and Simplify: The third principle is inventing and simplifying processes whenever possible. This involves coming up with creative solutions to make processes more efficient or effective.
Learn and Be Curious: The fourth principle is learning and being curious. Amazon encourages employees to stay informed about the latest developments in their field so they can better serve customers.
Hire & Develop the Best: The fifth principle is hiring & developing the best people. Amazon believes in hiring talented individuals who can help the company excel in its mission.
Think Big: The sixth principle is thinking big. Amazon encourages employees to think outside the box when coming up with innovative solutions for customers.
Are Right a Lot:The seventh principle is being right a lot. This means making decisions based on data rather than intuition or guesswork.
Bias for Action:The eighth principle is having a bias for action. This means taking action quickly rather than waiting too long to make decisions.
Frugality:The ninth principle is frugality. This means using resources wisely so that money isn’t wasted on unnecessary items.
“Earn Trustworthiness Of Others:”The tenth principle is earning trustworthiness from others. This involves building relationships with stakeholders such as customers, suppliers, partners, etc., so that they can rely on Amazon when needed.
“Dive Deep:”,The eleventh principle is diving deep into topics before making decisions related to them. This involves researching topics thoroughly before committing to any course of action.
“Have Backbone; Disagree And Commit:”,The twelfth principle is having backbone; disagreeing but still committing once a decision has been made by leadership at Amazon. This means having an opinion but still upholding company decisions even if you don’t agree with them.
“Deliver Results:”,The thirteenth principle is delivering results no matter what obstacles arise during projects or initiatives at Amazon. This means focusing on outcomes rather than activities or processes.
< u >< strong > “Be Passionate:” < / strong >< / u >< / br >< / br >< / br >< / br >< / br >< / br >< / br >< / br >< / br > The fourteenth and final principle at Amazon is being passionate about work . Employees should be enthusiastic about their work so that they can deliver quality results . < / p >
Conclusion – What Are The 14 Principles Of Amazon?
Amazon’s 14 core principles are customer obsession , ownership , invent & simplify , learn & be curious , hire & develop the best , think big , are right a lot , bias for action , frugality , earn trustworthiness of others , dive deep , have backbone ; disagree & commit ; deliver results ; & be passionate . These principles have enabled Amazon to become one of the most successful companies in the world . < P/>