Episode 7

full
Published on:

28th Jul 2021

How to Grow Your Business Like Amazon - The CEO Transition

In the latest installment of How to Grow Your Business Like Amazon, Steve explores the inner-workings and reasoning behind the recent CEO transition at Amazon.

As of July 5, 2021, Jeff Bezos no longer serves as Amazon's Chief Executive Officer. Now at the helm of the global giant is Andy Jassy, a longtime innovator, strategist, and executive within Amazon Web Services. Listen as Steve shares his thoughts on the company's massive transition and what it means not only for Amazon's progress into the future, but also for Jeff Bezos himself.

So sit back, relax, and enjoy another enlightening conversation surrounding one of the biggest transitions we've seen in quite some time.

Timecodes:

0:14 - Overview on today's topic

1:50 - Why Bezos decided to step down as CEO

4:00 - Despite growth, 2020 was still a difficult and challenging year for Amazon

6:45 - Now Bezos is able to spend time on things he is passionate about

8:02 - Who is Andy Jassy and where did he come from?

11:45 - Jassy's management style and how it'll transition into his new role as CEO

14:30 - The challenges that lie ahead for Jassy and Amazon as a whole

17:00 - How Amazon will likely change under Jassy's command

20:00 - Amazon's growth into healthcare space and other areas in the future

24:19 - The transition is healthy for the company overall


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About the Podcast

How to Grow Your Business Like Amazon
Why, when, and how Jeff Bezos takes risks and how that made Amazon successful
Amazon is the fastest company ever to reach $100 billion in sales and they didn’t reach that landmark by staying in their comfort zone. Risk taking is the key that unlocked the door to growth at Amazon, but those risks were (and are) intentional, calculated, and strategic. Thomas Edison believed, “I have not failed. I've just found 10,000 ways that won't work.” and Amazon’s founder, Jeff Bezos, has always linked experimentation and failure with growth and success.

Join Steve Anderson, author of "The Bezos Letters: 14 Principles to Grow Your Business Like Amazon," as he shares insights into the mind of one of the most successful CEOs to date.