Amazon CEO Jeff Bezos is the richest man in modern history. He attributes some of his vast wealth to his nontraditional management style.
Going into further detail, Bezos says Amazon’s creative twist on meeting structure is the smartest move the company made. (CNBC.com)
“Many, many years ago, we outlawed PowerPoint presentations at Amazon,” Bezos said at the Bush Center’s Forum on Leadership in 2018. “And it’s probably the smartest thing we ever did.”
To replace the PowerPoint presentations, Bezos created a new way to hold meetings: Meetings start with each attendee sitting and silently reading a “six-page, narratively-structured memo” for about the first 30 minutes of the meeting.
″[The memo is] supposed to create the context for what will then be a good discussion,” Bezos said.
Bezos says the reason for the group reading is that “executives will bluff their way through the meeting as if they’ve read the memo because we’re busy and so you’ve got to actually carve out the time for the memo to get read.”
Other prominent CEOs swear by this method, claiming it allows time for everyone to get on the same page and maximizes employee efficiency.