the key ingredient to building a world class startup: startup dna, and how to keep it when you build...
Post on 17-Oct-2014
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Early stage startups, by nature, are fast, nimble, and agile. But as you scale up your business and build your company, how do you keep this DNA? How do you avoid bureaucracy and red tape creeping in and slowing you down? Building and nurturing your culture is crucial and companies like Airbnb and Amazon have done this successfully. This session explores the key aspects of innovation and agility for startups at scale, zooming into the culture, organization, and mechanisms that have allowed Amazon to keep leveraging its startup DNA to innovate across multiple industries. Stay up to date on Asia's tech scene: Read the latest news: http://e27.co Sign up for our Weekly Digest that curates the Top news in Asia: http://bit.ly/subscribe-to-e27TRANSCRIPT
Startup DNA
and how to keep it when you build your company
Pieter Kemps Amazon Web Services P_Kemps
Company Building
And yet…
Total # AirBnB Guests
9M Up by over 5 million since the beginning of the 2013
Brian “What is the single most important
piece of advice for us?” Peter
“Don’t ‘mess’ up the Culture”
https://medium.com/working-life/597cde9ee9d4
“The culture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.”
Brian Chesky, Founder
https://medium.com/working-life/597cde9ee9d4
“The product is the product. The culture is the next hundred products”
Phil Libin, CEO
www.fastcompany.com/3012870/dialed/evernotes-quest-to-become-a-100-year-old-startup
How do you keep Startup DNA?
How do you build it into your Culture as you scale your business?
When you get started
# 3 Investor Pitch Deck
Biggest Challenge = Finding People
# 1 Customer Pitch Deck
# 2 Employee Pitch Deck
Existing Values “Adventure”
“Living in the Stretch”
Culture as an Asset
ABH ‘Always Be Hiring’
http://erickschonfeld.com/2013/04/23/vinod-khosla-demo-mobile-2/
"A company becomes the people it hires, not what it plans."
Vinod Khosla
When you are scaling
“Good culture creates an environment where people can do their best work”
Mike Curtis, VP Engineering, Airbnb
http://nerds.airbnb.com/engineering-culture-airbnb/
Organization Structured teams, fluid responsibilities
Process Example: Code Review Process
When you are at scale
f(innova3on) = (mechanisms * culture) (org * arch)
customer obsession
ownership
invent and simplify
right, a lot hire and develop the best
insist on highest standards
think big bias for action
frugality
vocally self critical
earn trust
dive deep
have backbone; disagree & commit
deliver results
amazon leadership principles
Ownership Leaders are owners. They think long term and don’t sacrifice long-term value for short-term results. They act on behalf of the entire company,
beyond just their own team. They never say “that’s not my job."
DevOps
two pizza teams
www.dilbert.com
dive deep Leaders operate at all levels, stay connected to the details, and audit
frequently. No task is beneath them.
Amazon has a very metrics-driven culture
Weekly ops metric meetings a scorecard for each service team
a graph for every metric that customers care about each graph has a line…fitness function
Correction of Error (COE) process
But then TJ gets an unexpected e-mail from Amazon...
“We noticed that you experienced poor video playback. We’re sorry for the inconvenience and have issued you a refund for $3.99”
http://consumerist.com/2013/05/02/amazon-notices-our-streaming-video-was-glitchy-proactively-issues-refund/
customer obsession Leaders start with the customer and work backwards. They work vigorously to earn and keep customer trust. Although leaders pay
attention to competitors, they obsess over customers.
Press release to capture the customer perspective #1 FAQ to answer any questions a customer might have #2 Start finding the right ‘primitives’ #3 Launch, then iterate fast & often #4
Rate of Experimentation
11.6s Average time between deployments (weekday)
1,079 Max number of deployments in a single hour (or approx every 3 seconds)
30,000 Max number of instances simultaneously receiving a deployment
Speed of deployments at amazon.com
May 2011
Culture Mechanisms Organization Architecture
Startup DNA
Thank You
P_Kemps