Evans: Speed is essential because lucky early-moving competitors will beat you
Ethan Evans · Taking control of your career | Ethan Evans (Amazon) · Jan 14, 2024 · at 1:03:41
Former Amazon VP Ethan Evans explains the strategic rationale behind Amazon's 'Bias for Action' leadership principle.
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“In a competitive environment, being right is good, but being quick is necessary because if there are 10 startups working on an idea, some of them will gamble and they'll make bad gambles and they'll go out of business. But some of them will gamble and make an early bet and be right. And if you're not moving quickly, You'll be beaten by the people who maybe got lucky. And so you've got to have a process that, that values speed”
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