M4A3 Final Project Milestone One: Philosophy & Skills Of Leadership

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M4A3 Final Project Milestone One Philosophy and Skills of Leadership

Your Name (First and Last)

Institution or School name

Amazon

Introduction

Leadership philosophy sets the building blocks for what the leader finds to be of utmost importance. It is essential always to keep it in the front as it helps people looking at your company understand that what you stand for, and what should they expect of you as a leader. Leadership philosophy can also be looked at metaphorically as the cover of the book the cover is the philosophy to the leader who is the book. A company can only progress in the light of what the leader is practicing. It also helps give a better understanding of the objectives that a leader is ought to be pursuing.

The company that I chose to have a discussion on is Amazon. Amazon is one of the most successful companies of all time. It has shaken the industrial world with the market gap that it has filled. The founder Jeff Bezos as a leader has set a perfect example as to how an individual can make their company emerge as strong as possible (Rossman, 2016). In this paper, I will be discussing the leadership philosophy and leadership skills utilized by Amazon. Further, I will also be reflecting on a personal style of leadership, which I believe can aid in the success of Amazon.

Discussion

When we look at great companies, it is evident that the leaders stayed true to the mindset that was set when the company first came into existence. Amazon is a staunch believer of the philosophy that a great leader stays pure to the principles that he set on the first day that the company was founded (Renko, 2017). Jeff Bezos believed that great leaders never leave behind the startup mentality. The concepts set by Jeff can be used by anyone who is in the lead position and is struggling.

Jeff thinks that leaders should believe in the fact that results are what matter not the process. He thinks that whatever the process that the employees had to go through, no matter how many the mistakes, it does not matter as long as the end result is satisfactory. He also said that decision making should be as quick as possible, and the functionality of the company should be in sync with the new trends. The status quo should be dared now and then, and instinct should be given the window for development.

The concepts that have become a cult classic when it comes to leadership came back in the early days of Amazon. Jeff occupied a building which was called Day 1. This building was a reminder of the fact that the day one mindset will always be the way to go. Jeff apart from stating that results matter rather than process also stated that a business should always move fast. He believed in making fast decisions and the employees at Amazon follow the rule Disagree and commit. This rule helped them take on things that they do not feel familiar with, but it speeds up the decision making (Tran, 2016). Leaders should understand that instead for opting for lengthy procedures of making the employees commit, just ask them for the commitment. This will keep them on their toes and keep them going.

Jeff suggested that the world is vicious and can make you deviate from your philosophy of day one. In such a case it is important to adapt to newer trends as soon as possible. If you go against them, it means you are against future development. Limited and conserve thinking is an enemy of the leader, never resist trends. Amazon is a staunch believer of customer-centric setup. This helps ensure that the day one mindset is not going to change. Customers are always on the lookout for something better. They can never be satisfied, even if they claim to be satisfied. So, the idea is to keep experimenting with new things. Surveys can be dangerous. Jeff could not emphasize this more he believes that a small sample of people cannot decide for everyone. Do your research as thoroughly as possible, do not be typical and average.

Since Amazon came into existence in 1994, it is a huge success, but that does not mean that it has never failed. Certain leadership skills ensure that they stay successful and come back stronger from every failure. For starters, Amazon believes in giving the employees autonomy. They might expect a lot after giving the independence, but the freedom they give their employees helps Amazon thrive. Amazon believes in providing its employees a vision that has a meaning. The company wants to be one stop shop for everything and that too at a low cost. This impactful yet straightforward vision helps employee align with the company more.

There is one thing that every company strongly believes in The customer comes first. Like any other company, Amazon has the same tactic. Jeff always said that he had a vision for Amazon, but required patience to get there. This helps understands that patience is key. Never run away from failure, this is one of the best skill utilized by Amazon (Kantor Streitfeld, 2015). They believe in embracing the failure instead of running away from it. Amazon also believes in finding the best people and going after them fanatically. The best employees make the best company. Amazon thinks that new roles should be assigned to people when the time comes. Amazon promotes from within the company extensively as well. This further aids in making the employees work harder. Amazon is all about the embracement of external AI trends the company believes that this will help in keeping the company relevant when it comes to technology and keep the employees up to date as well. Small teams should never be eliminated this helps give employees more independence. Lastly, Amazon believes in forcing people to be concise (Henson, 2016). They are against lengthy PowerPoint presentations and believe in constructing concise and to the point memos.

Conclusion

Amazon has taken a fair share of risks since they first came into existence. Some risks might not have worked, but most of them have paid off, and the main reason behind it is the leadership that is used by Amazon. The leadership style is quite unconventional. I see some of pacesetting, visionary, a lot of advocate style, an autocratic, substantial amount of people mover and lastly creative builder style. These styles while are working well for the company, but I think that the autocratic bit of the leadership styles should be removed. If Jeff takes a more transformational leadership style paired with charismatic style, it will work wonders for the company. The employees do not have a free will in certain aspects they have to disagree and still commit. In such a case a middle ground can be formed, only a charismatic leader can help make that happen. Jeff if incorporates transformational leadership style with charismatic it will motivate the employees further to take on projects that might not be up against their alley.

References

Rossman, J. (2016).The Amazon way 14 leadership principles behind the worlds most disruptive company(Vol. 1). Clyde Hill Publishing.

Renko, M. (2017). Entrepreneurial leadership.

Kantor, J., Streitfeld, D. (2015). Inside Amazon Wrestling big ideas in a bruising workplace.New York Times,15, 74-80.

Henson, R. (2016). The road ahead The future of global leadership and implications for research and practice. InSuccessful Global Leadership(pp. 285-301). Palgrave Macmillan, New York.

Tran, T. (2016).Explore values-based leadership from perspectives of scholars and practitioners a systematic literature review in google scholar and amazon(Masters thesis, Norwegian University of Life Sciences, s).

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