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Then-CEO Eric Schmidt shared a simple but extremely effective framework to resolve these tensions: 70-20-10. Google would devote 70 percent of its resources to the core business, 20 percent to emerging products, and 10 percent to research and development for future products.
Claire Hughes Johnson • Scaling People: Tactics for Management and Company Building
Andy W
@aweissman
Eric H Stresen-Reuter
@ericsr
Jerry Michalski
@jerry
Dickson Liew
@cmp
But gradually Wilke’s organization got better at combining multiple items from a customer’s order into a single box, which saved money and helped drive down Amazon’s transportation costs by double-digit percentages each year.
Brad Stone • The Everything Store: Jeff Bezos and the Age of Amazon
Special Edition of Temp Check: Recorded Live @websummit Nov 2, 2021
youtube.com
Web2 was built to scale up.
Web3 is built to niche down.
From @gaby_goldberg on “curators all the way down”👇 https://t.co/G43iSkbjEu
Amazon’s approach to logistics is a masterclass in balancing vertical integration vs openness.