Management Archives

Why Was Amazon So Successful? Early 2000s Timeline

Why was Amazon successful? How did other companies influence Amazon’s growth in the early 2000s? How did “super saver shipping” affect Amazon’s profitability? Although 1999-2001 was a turbulent time in Amazon’s history, the years following held nothing but promise for Amazon’s future. Amazon rolled out its super saver shipping program which boosted their stock prices, integrated more automation, and lowered shipping costs. Continue reading to learn why Amazon was so successful in the early 2000s.

10X Companies: 3 Core Habits That Drive Success

What distinguishes 10X companies from the average? What are some of the key characteristics of businesses that manage to stay afloat through a crisis? Dispelling an entrenched myth, the research suggests that ultra-successful 10X companies are not more creative, more ambitious, or more visionary than the average. What sets them apart are these three behaviors: 1) fanatic discipline, 2) empirical creativity, and 3) productive paranoia. Keep reading to learn about the three core characteristics of 10X companies.

Employee Performance Management: Best Practices

What does employee performance management entail in your organization? What are the characteristics of a good performance management routine? Employee performance management consists of meetings and conversations that help you to focus on the progress and performance of your employees. An effective performance management routine must be simple, regular, future-focused, and tailored to each individual employee. Here are some things to think about as you design a performance management routine for your organization.

Amazon Company History From 1999-2001

What events from Amazon’s company history took place between 1999 and 2001? Why did Jeff Bezos decide to become CEO of his own company? What was the “milliravi” incident? The early 2000s started off rough for Amazon. Many people were skeptical that a middleman company like Amazon could survive, Amazon’s new CEO was a failure, and the milliravi error caused Amazon’s stock to plummet. However, during this time Bezos still somehow managed to keep growing Amazon. Continue on to learn more about Amazon’s company history.

20 Mile March: Steady Progress Meets Business Goals

What is the 20 Mile March in business? What are some of its key characteristics? To 20 Mile March in business means to hit specified targets year after year with a long-term view in mind. A good 20 Mile March has these five characteristics: 1) it specifies both lower and upper bounds; 2) it’s consistent; 3) it’s customized; 4) it’s achievable, and 5) it falls within a reasonable time frame. This article spotlights the key characteristics of a good 20 Mile March and how to put it to work for your business.

How to Navigate Relationships With Managers

How do you foster a good relationship with your manager? Is there a right and wrong way to deal with management? Relationships with managers can be tricky to navigate. The way you deal with management depends on your position within the organization. In this article, we’ll explore how to work with managers from an employee and leadership perspective.

Leadership Mindset: Think Your Way to the Top

Do you believe you have what it takes to lead others? What do you think distinguishes a leader from a regular person? Can anyone develop a leadership mindset? Inherent leaders understand that leadership starts with a mindset. If you don’t think of yourself as a leader, no one will treat you that way. Here are four ways leaders think differently than a regular person.

Rethinking Personnel Development: Tips for Managers

What is the most important thing when it comes to personnel development? What can you, as a leader, do to help your employees level up their performance and contribution? According to Marcus Buckingham, the author of First, Break All the Rules, personnel development is not about trying to transform your employees by weeding out their weaknesses. Rather, it is about building up their existing talents and navigating around their weak areas. When designing your personnel development system, keep the following in mind.

Employee Growth Isn’t Just About Climbing the Ladder

Do you think leaders should help their employees climb up the career ladder? What are some ways you can help your employees grow in their careers? Employees want to develop and grow in their careers. But employee growth doesn’t necessarily need to be a rise up the rank. Here is why employee growth isn’t always about rising through the ranks.

Defining Business Objectives: 3 Things to Consider

What are your main business objectives? Do you think your objectives align with the purpose of your business? Every organization has different goals. For example, a retail store may focus on customer satisfaction whereas a medical organization— on patient safety. While these goals aren’t mutually exclusive, these organizations have different priorities because they have different purposes. When defining business objectives for your organization, ask yourself the following three questions.