In 2001, Amazon was imploding.
$1.4 Billion lost. 1,300 fired. Weeks from bankruptcy.
Then Bezos made a controversial move Wall Street called "business suic*de."
Here's how that ONE decision sparked a $2 TRILLION comeback:
Imagine losing $1 milli
It also reflect owners decision making skill. This decision shows he has some what weak in decision making
3 replies4 likes
Inactive
Stealthย โขย 3m
Stuck at decision making ?
Prompts4U Day #2
Need advisor ?
I want you to act as expert advisor in matter related to (...) Do Identify cognitive biases that may be impacting the decision-making process concerning [decision/problem] and propose s
Do you think itโs actually true ?
Tesla coming to India was great for Indian markets , their decision for withdrawal can be associated with India loosing a big opportunity.
What do you think ?
Bluelearn is shutdown - A very good decision
Not criticizing them ,but actually this is a very great move if you don't foresee any revenue model
Really appreciate the appetite of the founders ๐
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Sahil Shaikh
Stealthย โขย 5m
All the advice given on decision-making makes no sense when you are actually caught in a situation where multiple angles and factors have to be taken into account.
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Decision-making is not a single- or double-track phenomenon.
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It's multidimensional
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Mayank Kumar
Stealthย โขย 5m
Here is Jeff Bezos's decision making model!
Hope it helps!
Its good that he is moving from western tech to something his company built but this decision seems more like an ego driven decision than opportunity driven.I can only think how many people will have to overwork because of this impromptu not proper p