ANDY JASSY From 2021 he is the CEO / President of Amazon. He supervises and directs the overall operations of Amazon. Andy plays an influential role in strategy formulation and strategic decision-making. He supports Amazon's investment, acquisition, and expansion processes. Andy is responsible for Amazon's financial performance. Implemented 2 new principles in its internal culture. Leaders work every day to create a safer, more productive, higher performing, more diverse and fairer work environment. They lead with empathy, have fun at work and make it easy for others to have fun. Leaders create more than they consume and always leave things better than they found them. Andyy is lauded for his talent in crafting a strong vision and strategy, leading AWS to cloud computing dominance. Andy's unwavering dedication to customer satisfaction has been a major driver of Amazon's success. Andy is recognized for nurturing innovation at Amazon, spurring new product and service development, including Amazon Prime and the Kindle. CEO Andy Jassy has implemented numerous cost cuts. At the start of his new position at the head of Amazon, in 2022 he recorded the worst balance sheet in 20 years due to bad investment. Meeting investor expectations for growth and profits has been seen as a downside of Jassy's leadership, potentially favoring short-term gains over long-term sustainability. Amazon has received criticism for its high-pressure work environment, including long hours. While not solely Jassy's responsibility, it has been present during his leadership. Critics say Amazon should sustainability commitments. take stronger environmental actions beyond its In 2014, Amazon clashed with Hachette over e-book pricing. Andy Jassy, heading AWS, held sway. Despite public pressure, Jassy and Amazon held firm, protecting their interests and ultimately settling with Hachette. This highlights their readiness to tackle conflicts, even with major industry players. Negotiating with cloud service providers to secure competitive pricing for Amazon Web Services (AWS) customers. Jassy may have helped AWS teams overcome differences in planning new services. working with legal and government relations teams to resolve conflicts in a legal and ethical manner. While leading AWS, Jassy championed cloud innovation to address business challenges. AWS introduced innovative services that aided enterprises in solving scalability, storage, and data processing issues. For instance, AWS Lambda allowed code execution without the need to manage servers, streamlining troubleshooting Andy led efforts to enhance Amazon's supply chain by creating more efficient delivery routing algorithms. This addressed logistical challenges and lowered expenses. Andy managed AWS infrastructure for Amazon's cloud leadership. Andy oversaw new service launches and global expansion. He empowered his AWS team to innovate and make independent decisions, fostering a culture of autonomy and accountability that boosted AWS's success. At Amazon, Andy advanced internal leaders, like Jeff Wilke, who climbed from a warehouse manager to a senior executive under Jassy's guidance. Jassy's effective leadership centers on results, high standards, and process improvement, shaped by his tennis-driven, action-oriented style. He's a results-driven leader, committed to Amazon's evolving principles and work-life balance, remaining optimistic despite challenges. Jassy is lauded for his intellectual debates with Jeff Bezos and his ability to maintain high standards without resorting to yelling or undermining staff. He's extremely detail-oriented, dedicating extensive time to critical details and pressing for process improvements to prevent future issues. In March 2021, Black Amazon employees reported bias and demotions, leading to a race issue. Andy Jassy, Amazon's Black Employee Network executive sponsor, defended the company internally, acknowledging the need for improvement. Jassy also overruled AWS's recommendation not to fire a senior executive for discriminatory comments to a Black female employee. Amazon received criticism for ethical concerns, including climate change and human rights, with Jassy facing criticism for his response. In May 2022, Amazon investors rejected 15 ethics proposals and approved a $212 million CEO pay package for Andy Jassy. Leading and Innovating with Leadership Principles | AWS Executive Insights (undated). Amazon Web Services, Inc. https://aws.amazon.com/executive- insights/content/leading-and-innovating-with-leadership-principles/ Michelle. (2022, April 5). 5 leadership qualities of Andy Jassy, Amazon's new CEO. esunm. https://www.escuelasuperiordenegocios.mx/post/5-cualidades-de-liderazgode-andy-jassy-nuevo-ceo-de-amazon Palmer, A. (2022, October 12). Companies shuttered, warehouses canceled, and hiring freeze: Amazon is having a wave of frugality under CEO Andy Jassy. CNBC. https://www.cnbc.com/2022/10/12/amazon-cost-cuts-under-andy-jassy-reflect-newreality-after-25-years.html Rodriguez, P. (2022). The Jassy era at Amazon kicks off with a serious setback, and the electric car is to blame: its worst balance sheet in . . Xataka. https://www.xataka.com/empresas-y-economia/era-jassy-amazon-arranca-serioreves-culpa-coche-electrico-su-peor-balance-20-anos. Soto, S. (2021, August 5). The Amazon culture was introduced by Andy Jassy, the new CEO. Business Insider Mexico | News Thought For You. https://businessinsider.mx/amazon-cultura-andy-jassy-nuevo-ceo-de-la-compania/