Remove Christensen Remove Conference Remove Operations Remove Report
article thumbnail

Jeff Bezos Brings His Low-Margin Ways to Newspapers

Harvard Business Review

Way back in the first decade of the new millennium, when Craigslist seemed like the biggest threat facing newspapers, founder Craig Newmark paid visits to lots of media companies and media conferences. The Washington Post operated at a 9.2% Yes, his site was definitely taking classified advertising away from papers, he would say.

article thumbnail

How Amazon Trained Its Investors to Behave

Harvard Business Review

In March 2000, Barron's reported that 51 Internet companies were burning cash so fast that they'd be broke by the end of the end of the year. In fact, Amazon was only operating at such a high burn rate because it could. Clayton Christensen has long complained that standard financial metrics can be enemies of innovation and growth.

article thumbnail

The Big Misconceptions Holding Holacracy Back

Harvard Business Review

True, Zappos’s recent experience with holacracy, as widely reported in the media, demonstrates that the transformation to distributed management is not easy. Moreover, instead of conferring authority, the hierarchy establishes an unambiguous sequence of levels of accountability. Don’t cringe.