Too Long; Didn't Read
In Jeff Bezos’s most recent letter to shareholders he goes into great detail about being a Day 1 company (<a href="https://www.amazon.com/p/feature/z6o9g6sysxur57t" target="_blank">If you have not read it please take 5 minutes and do so</a>). It quickly becomes clear how import speed of action, or as he calls it “High velocity decision making” is to Amazon’s success. As he weaves this trait throughout his letter a broader theme begins to emerge. He is outlining not just his definition of a Day 1 company but what should be the mission statement of nearly every “Innovation Team” at large organizations. The ability to act with pace is not just how you stay a Day 1 company but also the playbook for how to rediscover your Day 1 roots.