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#405 – Jeff Bezos: Amazon and Blue Origin
Lex Fridman Podcast
Challenging the Relevance of Business Metrics
The insight revolves around the importance of understanding and constantly evaluating the relevance of metrics in business decision-making. It emphasizes the need to avoid blindly managing a business to metrics that are not fully comprehended, or whose relevance may have diminished over time. Additionally, it highlights the challenging nature of questioning the validity of established metrics in a corporate culture that may not encourage such uncomfortable conversations, ultimately emphasizing the importance of fostering a culture that enables truth telling and critical evaluation of existing norms.
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