Tuesday, August 18, 2015

Aligning interests @ Amazon

This article from the NYT describes the corporate culture at Amazon.

Here are two articles that report on how Amazon responded:
  1. http://www.nytimes.com/2015/08/18/technology/amazon-bezos-workplace-management-practices.html?_r=0
  2. https://www.linkedin.com/pulse/amazonians-response-inside-amazon-wrestling-big-ideas-nick-ciubotariu
Here is another report: http://www.bbc.com/future/story/20150818-how-algorithms-run-amazons-warehouses.

Here is a response to Bezos: http://qz.com/482080/dear-jeff-bezos-i-wish-you-had-asked-for-my-feedback-sooner/.

A blogger's post on the topic: https://signalvnoise.com/posts/3917-ceos-are-often-the-last-to-know.

Here are 5 questions that came to my mind as I read the articles.
  1. Does the culture and compensation scheme align well the interests of employees with interests of the owners?
  2. Does the culture and compensation reward employees who take risks or those who strive from more certain outcomes?
  3. Would you want to work at Amazon?
  4. The article in the NYT mentions that "Amazon is driven by data." What examples does it give of how Amazon uses data in its compensation scheme? Does it give examples of how something other than data affects the compensation of employees? 
  5. Is Organizational Level Ranking driven by data?


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