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Tom Bilyeu's Impact Theory cover image

7 Key Moves to Build Wealth While Others Struggle in the Next 5 Years! | Peter Diamandis PT 2

Tom Bilyeu's Impact Theory

NOTE

Implementing the 'Institutional Yes' Policy at Amazon

Amazon implemented the 'Institutional Yes' policy to combat the common issue of people easily saying no to new ideas. This policy mandated that employees were not allowed to say no by default; they had to justify a negative response with a two-page thesis publicly. This created friction and embarrassment around saying no, leading to the birth of successful products like Amazon Web Services, which became a major profit driver for the company. Embracing a culture of curiosity, purpose-driven actions, and constantly testing assumptions, along with operating in small agile teams, allowed Amazon to navigate challenges and achieve business goals efficiently.

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