Great framework for high-velocity decision making at @amazon: • Make high-quality decisions quickly to maintain energy & momentum • Use a lightweight process for reversible decisions • For most decisions, 70% of the information is enough • "Disagree and commit" to avoid slow... See more

One key to this approach is a system that encourages, and funds, speculative ideas even though they have only slim possibilities of success. Even more important, though, is diversity—not in a sociological sense, but rather in a conceptual and cognitive sense. You want diversity among the entrepreneurs who are coming up with the ideas, so you end up

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