6 rules for innovation
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The document outlines 6 rules for innovation according to Carlos Conde from Amazon: 1) Focus on your customers, 2) Experiment frequently, 3) Measure, improve and iterate, 4) Move fast and be nimble, 5) Embrace failure, and 6) Focus on your business. The document provides supporting quotes and examples from Jeff Bezos and others about the importance of customer-centric innovation and an experimental mindset.
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Open banking so far (short recap)
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Visit: https://www.mydbops.com/
Follow us on LinkedIn: https://in.linkedin.com/company/mydbops
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Power Grid Model is currently being applied in a wide variety of use cases, including grid planning, expansion, reliability, and congestion studies. It can also help in analyzing the impact of renewable energy integration, assessing the effects of disturbances or faults, and developing strategies for grid control and optimization.
What to expect
For the upcoming meetup we are organizing, we have an exciting lineup of activities planned:
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- 2. « The most radical and transformative of inventions are often those that empower others to unleash their creativity – to pursue their dreams. » ! ! ! – Jeff Bezos
- 7. PAY PER USE NO UP-FRONT COST ON-DEMAND
- 9. « If I had asked people what they wanted, they would have said faster horses. » ! ! ! – Henri Ford
- 10. 6 RULES FOR INNOVATION
- 11. FOCUS ON #1 YOUR CUSTOMERS
- 12. WORK BACKWARDS FROM THE CUSTOMER
- 13. 1. PRESS RELEASE 2. FAQ 3. USER MANUAL
- 17. SEPARATE DECISION FROM EVALUATION
- 18. MEASURE, IMPROVE, #3 AND ITERATE
- 20. 11.6s ! Mean time between deployments (weekday) 1,079 ! Max number of deployments in a single hour 10,000 ! Mean number of hosts simultaneously receiving a deployment 30,000 ! Max number of hosts simultaneously receiving a deployment DEPLOYMENTS AT AMAZON.COM
- 21. DEPLOY TO PROD EVERY 20 MINUTES
- 22. ENVIRONMENT REQUIREMENTS: ! FLEXIBILITY + FEEDBACK
- 23. MOVE FAST #4 AND BE NIMBLE
- 24. SPEED OF ITERATION BEATS QUALITY OF ITERATION
- 25. 2 PIZZA TEAMS
- 26. ANY GIVEN NIGHT, 300,000 PEOPLE ARE HOSTED 1000s OF SERVERS, TBs OF STORAGE
- 27. We have a 5 person operations team. AWS allows us to devote our resources and mindshare to the core business.
- 29. SUCCESS MAKE PEOPLE FEEL GOOD FAILURES MAKES PEOPLE BETTER
- 30. FAIL FAST FAIL LOW-COST
- 32. TO INCREASE INNOVATION LOWER THE COST OF FAILURE
- 33. FOCUS ON #6 YOUR BUSINESS
- 34. « Civilisation advances by extending the number of operations we can do without thinking about them. » ! ! ! – Alfred North Whitehead
- 35. MAKE A TO-DON’T LIST
- 37. 1. FOCUS ON YOUR CUSTOMERS 2. EXPERIMENT FREQUENTLY 3. MEASURE, IMPROVE AND ITERATE 4. MOVE FAST & BE NIMBLE 5. EMBRACE FAILURE 6. FOCUS ON YOUR BUSINESS
- 38. INNOVATION IS NOT A GOAL, IT’S AN ONGOING PROCESS
- 39. « We've had three big ideas at Amazon that we've stuck with for 18 years, and they're the reason we're successful: put the customer first, invent, and be patient. » ! ! ! – Jeff Bezos