![]() ![]() I think Amazon needs a Fast Follower CEO - and that is how I see Jassy. Why Fast Follower Andy Jassy Is Like David Glass - Who Succeeded Sam Walton Digital Equipment founder and CEO, Ken Olson, hit this iceberg when he dismissed the importance of the PC and the Internet - changing from a Create the Future mindset to a Head in the Sand one. Such CEOs often prevail over the demise of the company. This CEO has a bad case of confirmation bias – and can’t look at where the industry is headed and how the company must adapt to survive. This kind of CEO is locked into a view of the world that could be decades old – one that worked as the individual was rising to the top job. Then the Fast Follower develops a strategy that builds on her company’s strengths - enabling it to gain market share by offering customers a more compelling value proposition than many incumbents. ![]() Such a CEO - Microsoft’s Satya Nadella is an example - is good at seeing where the industry is headed and which companies are leading it. The biggest challenge for a board of such a company is to groom a successor who can keep the company in the lead after the founder departs. If such a CEO continues to reinvent the company, it keeps growing. He envisions where an industry is heading and gets there ahead of everyone else – thereby building a large company that dominates its markets. That’s because mindset determines the way a leader pulls the seven levers - such as sustaining culture, building growth trajectories, and hiring, promoting, and letting people go - that determine how fast a company grows.įrom my new book, Goliath Strikes Back, here’s a more detailed description of three CEO strategic mindsets. I think the key test is whether the incoming CEO has the right strategic mindset. CEO Strategic Mindsetĭoes this mean that Jassy has what it takes to succeed Bezos? As Jassy pointed out last December, 96% of the estimated $3.6 trillion in global IT spending has not yet shifted to the cloud. We speed up how we go from raw land to an operating data center and get better terms from suppliers."ĪWS has tremendous growth potential. "As we grow and get operational experience, we apply the lessons to get more cost-efficient. Jassy married: Jassy was married to Elana Rochelle Caplan, who designs fashion for Eddie Bauer, in 1997.Ī Santa Monica house worth $6.7 million was reported to have been bought by Jassy in October 2020.Ī Seattle charter school, Rainier Prep, is headed by him.And AWS is able to boost profits while lowering its prices because of its experience. Having worked on Amazon Web Services (AWS) since 2003, Andy Jassy played a vital role in its development. Having been with Amazon since 1997, Andy Jassy has been instrumental to the company's growth, particularly in the cloud computing field. Jassy is known for his focus on customer obsession and for driving innovation in cloud computing.Īndy Jassy Education: Harvard University (AB, MBA)Īndy Jassy Net Worth: $400 Million ApproximatelyĢ003: Andy Jassy becomes Head of Amazon Web Services (AWS)Ģ021: Andy Jassy became CEO of Amazon Web Services (AWS) and is known for his focus on customer obsession and innovation in cloud computing. ![]() He has also held various other roles at Amazon, including leading the company's customer service division. ![]() Prior to becoming CEO, Jassy was the head of AWS since its creation in 2003 and was instrumental in building the business from its inception. Andy Jassy is the CEO of Amazon Web Services (AWS), a subsidiary of Amazon that provides cloud computing services. ![]()
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