Watch Late Phases Online Forbes' title='Watch Late Phases Online Forbes' />Amazons Jeff Bezos The Ultimate Disrupter. This story is from the December 3, 2. Fortune. Jeff Bezos likes to read. Thats a dog bites man revelation if ever there was one, considering that Bezos is the cerebral founder and chief executive of a 1. More revealing is that the Amazon CEOs fondness for the written word drives one of his primary, and peculiar, tools for managing his company Meetings of his S team of senior executives begin with participants quietly absorbing the written word. Specifically, before any discussion begins, members of the teamincluding Bezosconsume six page printed memos in total silence for as long as 3. Yes, the e ink purveyor prefers paper. Watch Last Hour Download'>Watch Last Hour Download. Ironic, no They scribble notes in the margins while the authors of the memos wait for Bezos and his minions to finish reading. Amazon amzn executives call these documents narratives, and even Bezos realizes that for the uninitiated and fans of the Power. Point presentation the process is a bit odd. For new employees, its a strange initial experience, he tells Fortune. Theyre just not accustomed to sitting silently in a room and doing study hall with a bunch of executives. Bezos says the act of communal reading guarantees the groups undivided attention. Writing a memo is an even more important skill to master. Full sentences are harder to write, he says. I founded billionairesportfolio. They have verbs. The paragraphs have topic sentences. There is no way to write a six page, narratively structured memo and not have clear thinking. For more on Amazon, watch this Jeff Bezos has always done things his own way, whether hes ignoring Wall Streets pleas for consistent earnings growth or requiring his top people to construct artfully written missives or launching seemingly disparate businessesall at razor thin margins. Watch Late Phases Online Forbes' title='Watch Late Phases Online Forbes' />While preseason games are already underway, the 2017 NFL season will officially begin September 7 when the New England Patriots play the Kansas City Chiefs. Fans of. Watch 1,150 quality movies online. Includes classics, indies, film noir, documentaries showcasing the talent of our greatest actors, actresses and directors. Only theres nothing random about Bezoss strategy. Indeed, like the memos he makes his managers write, his moves are driven by clear thinking and a cohesive vision, even if it takes a while for rivals to figure out Amazons motives at which point it may be too late. Bezos is the ultimate disrupter He has upended the book industry and displaced electronics merchants. Now Amazon is pushing into everything from couture retailing and feature film production to i. Pad worthy tablet manufacturing. Amazon even sells ultracheap database software for businesses. NonTraditional Options After High School By Caitlyn Wagonfield, Staff Writer and Editor October 5, 2017 Students grow up being told that they have to further their. Thousands Of RentStabilized Apartments At Risk As NYC Phases Out Controversial Homeless Shelter Program. Investopedia is the worlds leading source of financial content on the web, ranging from market news to retirement strategies, investing education to insights from. Watch Dogs 2 got its final patch today, which makes impossible to use mods while online if youre playing on PC. The games publisher, Ubisoft, says that this is. This story is from the December 3, 2012 issue of Fortune. Jeff Bezos likes to read. Thats a dogbitesman revelation if ever there was one, considering that Bezos. Oracle ORCL , take note. Hes willing to take risks and lose money, yet investors have embraced him, pushing Amazons stock up 3. And even as Amazon expands and experiments, Bezos remains zealous about delivering a good customer experience. For all these reasons and more, Fortune has named Bezos its 2. Businessperson of the Year. Beginning at 8 p. ET5 p. m. PT, this years telecast will air live coasttocoast from Los Angeles on CBS, with comedian and late night host Stephen Colbert. Newsletter with articles on current research finds, industry news, job listings and event schedules. Includes sign up form and information about the company. Read More Businessperson of the yearFull list. Its not just Fortune that deems Bezos praiseworthy. He counts among his fans Amazons sharpest competitors and a legion of entrepreneurial imitators. Jeff is a manic competitor, a delightful human being, and a trusted supplier, says Netflix nflx CEO Reed Hastings, whose company is enduring a full frontal assault from Amazons instant view movie streaming service. Marc Andreessen, the Netscape co founder and venture capitalist, marvels at Bezoss staying power and willingness to withstand beatings. And in the absence of Apples Steve Jobs, Bezos is the new undisputed role model for founders who want to keep control of their companies. With Steves passing, Bezos is the epitome of the venture backed CEO, says Bill Gurley, another VC and longtime Amazon watcher, as well as the lead investment banking research analyst for the companys 1. IPO. If you were to ask 1. CEO is they admire most, he would show up on 9. Amazon recently released a new e book product called Kindle Serials. For 1. 9. 9, customers get a book delivered to their Kindle e reader device serially say, once a week with no additional charge for each new episode. Its an homage to the bygone era when writers like Charles Dickens published their novels in newspapers one chapter at a time before collecting the work in book form. Kindle Serials is not likely to amount to a giant revenue stream for Amazon, which will ring up more than 6. But listening to the way Bezos talks about the history of serialization, you get a glimpse of his concept of customer feedback and how Amazon acts on it. Line Of Duty Bbc Season 2. Even in Dickenss day, he would take notice of the criticism of the prior installments and use it to his advantage, he says. How does Bezos use Dickensian continual improvement at Amazon We innovate by starting with the customer and working backwards, he says. That becomes the touchstone for how we invent. Pushing the publishing industry to make books available electronically was a customer friendly proposition Readers got instant gratification at lower prices. Amazon Prime, the companys addictively popular all you can eat delivery offering, eliminates friction if youve already paid for unlimited shipping, then you order what you want, when you want, in the quantities you want. Amazon Web Services, the companys newest big division, offers business customers the same sophisticated online infrastructure technology that Amazon has developed for itself. Read More Amazon goes Hollywood 2. Customer focus is a cultural issue, Bezos says, that distinguishes Amazon from other companies, whose chiefs craft strategy in competitive terms. When theyre in the shower in the morning, theyre thinking about how theyre going to get ahead of one of their top competitors, Bezos says. Here in the shower, were thinking about how we are going to invent something on behalf of a customer. At 4. Bezos is relatively unchanged from the days when he was the boy wonder of the Internet industry. It is Election Day, and the weather in Seattle is splendid meaning it is not raining. Bezos holds court in a conference room in the Day One North building of Amazons urban headquarters, where no corporate logos adorn the outside of the companys multibuilding campus. Day One refers to his persistent assertion that the Internet is still in its infancy. Bezos has wisps of gray stubble at the sidewalls of his otherwise bald pate, and his large brown eyes dominate his face. In a wide ranging discussion about Amazons culture and management techniques, he is by turns inquisitive and challenging, but also charming and relaxed. By multiple accounts he is the same way internally, though unforgiving of anyone who is ill prepared. He is very demanding, says a former insider. He gets angry when he feels like people arent being competent. Nadia Shouraboura, until recently an Amazon vice president in charge of technology for Amazons global supply chain and fulfillment operation, says she sometimes saw Bezos ignoring the discussion at his own meetings because, she realized later, he was reading e mails from customers, usually complaints. Those e mails trigger what Amazon people call a Jeff B. By forwarding customer gripes, Bezos is able to have a direct dialogue deep into the company. Ordinary employees see evidence of his insistence on responsiveness. My initial reaction was, You want me to be working on a Friday night on an order that was messed up by half a day says Shouraboura, who recently opened a mens apparel store in Seattle. Then it sank in. If one customer wrote to Jeff, there are others who didnt. And Jeff wants to understand the screwup to make sure it gets fixed. One way to serve customers is to give them the lowest possible prices, and in that way Amazon is more like the granddaddy of American retail, Walmart wmt , than its Silicon Valley counterparts. To offer the lowest prices, Amazon is famously frugal. Unlike in much of Silicon Valley, Amazon employees pay for their meals. Desks are slabs of wood that could be used for doors. For years Bezos chose ultracheap shipping rates for customers over expensive TV advertising.