Amazon may seem to be taking over the world. They are moving into many industries other than the product search and distribution of their Amazon Web Services (AWS). Now Amazon is entering other industries: healthcare, grocery and physical retail stores. These areas will increase what is already a noticeably large digital footprint.
In addition, Amazon is offering up things like AI-as-a-Service and gesture-based computing. Further, the recent acquisition of the genomics startup Grail, allows Amazon to develop application of its machine learning base with healthcare.
What are the two principles which Amazon has pursued with great expertise and foresight which any business can also benefit from? The willingness to accept the risk of experimentation is coupled with a courageous acceptance of problems many consider impossible. Experimentation and problem solving are the two principles which Amazon passes on to every business owner as a baton in the race for superior product and service.
We can readily acknowledge that the financial base which Amazon has more readily supports the ability to experiment with solutions to solve problems. However, there is a no-cost take away from these two principles for every person, regardless the size of the business, that translates into daily interactions in the real world. You can experiment with solutions to solve business problems. Your insight can create the growth potential that will move your efforts up a notch in the ongoing battle for survival. Consider.