Wednesday, November 20, 2013

4 management lessons from Amazon

On Monday, The Everything Store, which traces Amazon’s rise, was named FT/Goldman Sachs Business Book of the Year for 2013, partly, in the words of one judge, because of its management lessons.

1) Look after the customer

2) Timing is vital to successful innovation – but it is not the whole story

3) Think long term – and be transparent

4) Reinforce a virtuous circle of advantages