Amazon's success strategy, as outlined by Jeff Bezos, can be applied to become a successful leader.

Amazon's success strategy, as outlined by Jeff Bezos, can be applied to become a successful leader.
Amazon's success strategy, as outlined by Jeff Bezos, can be applied to become a successful leader.

At the New York Times' DealBook Summit on Wednesday, Jeff Bezos, Amazon's executive chair, stated that he is still involved in expanding the company and that his approach is straightforward.

To keep the $2.32 trillion company on track, Bezos only needs to focus on a few key things, he said. These three elements can help anyone get ahead: identifying big ideas, enforcing tough execution against them, and growing the next generation of leaders.

In 2017, organizational psychologist Adam Grant advised CNBC Make It that caring about ideas, processes, and people is key to achieving company-wide goals. Effective leaders prioritize pushing projects and their employees towards success, rather than their own personal achievements.

"According to Grant, a professor at the Wharton School of the University of Pennsylvania, the greatest leaders of our time prioritize doing something that benefits others over achieving success as their primary goal. As a result, success becomes a byproduct of their other objectives. The larger the scope of their aims, the more they focus on benefiting others, the more likely they are to produce something that will also bring success to themselves."

The mindset of Bezos can be adopted by anyone in the workplace, regardless of their career level. According to a LinkedIn report published in February, employees who work collaboratively towards a shared goal, prioritizing communication, teamwork, and problem-solving, are highly sought after in the current job market.

The former CEO of Amazon, who stepped down in 2021, is now working with the current CEO and leadership team to achieve success. Their primary focus is on artificial intelligence, including Amazon's recently released generative AI model, Nova.

"Bezos stated that they are currently developing a thousand AI applications internally, which can enhance everything and will be integrated into everything globally."

To earn extra money online, sign up for CNBC's course on passive income streams, starting tips, and real-life success stories.

Sign up for CNBC Make It's newsletter to receive expert advice on work, money, and life.

I launched a business from my living room—now it brings in $9 million a year
by Megan Sauer

Make It

The 10 least desirable states to retire in the U.S., with 6 of them located in the South.

The 10 least desirable states to retire in the U.S., with 6 of them located in the South.

Make It
Ensure you have essential financial documents readily accessible in case of an emergency—haphazardly rummaging through drawers won't suffice.

Ensure you have essential financial documents readily accessible in case of an emergency—haphazardly rummaging through drawers won't suffice.

Make It
Despite years of rejection for their "terrible" startup idea, two friends have now achieved an "extraordinary success" worth $2 billion.

Despite years of rejection for their "terrible" startup idea, two friends have now achieved an "extraordinary success" worth $2 billion.

Make It
The secret to staying healthy and younger for a decade without relying on food or exercise.

The secret to staying healthy and younger for a decade without relying on food or exercise.

Make It
Discover the cities in the U.S. with the highest paying jobs.

Discover the cities in the U.S. with the highest paying jobs.

Make It
At the age of 17, Tony Hawk made his most profitable investment, which he considers his "saving grace."

At the age of 17, Tony Hawk made his most profitable investment, which he considers his "saving grace."

Make It
When to sell a winning stock: 'If you have an opportunity to change your life, take it'

When to sell a winning stock: 'If you have an opportunity to change your life, take it'

Make It
Stanford psychologist reveals that effective couples employ this potent device to resolve disputes.

Stanford psychologist reveals that effective couples employ this potent device to resolve disputes.

Make It
Harvard researchers reveal the most common jobseeker mistake and provide tips on how to avoid it.

Harvard researchers reveal the most common jobseeker mistake and provide tips on how to avoid it.

Make It
Five in-demand skills on Upwork that often command rates of more than $200 per hour.

Five in-demand skills on Upwork that often command rates of more than $200 per hour.

Make It
An Ivy League-trained child psychologist reveals that good parents who raise confident, well-adjusted kids always prioritize this one thing.

An Ivy League-trained child psychologist reveals that good parents who raise confident, well-adjusted kids always prioritize this one thing.

Make It
New data reveals that Washington, D.C. is the top retirement destination in the United States.

New data reveals that Washington, D.C. is the top retirement destination in the United States.

Make It
According to author Mel Robbins, there are three reasons why it is challenging to form new friendships as you age: 'It's impossible to force friendships.'

According to author Mel Robbins, there are three reasons why it is challenging to form new friendships as you age: 'It's impossible to force friendships.'

Make It
Micromanagers are often mistaken for great leaders, says Airbnb CEO.

Micromanagers are often mistaken for great leaders, says Airbnb CEO.

Make It
A.J. Brown's self-help book became an Amazon best-seller, and one of its key takeaways is:

A.J. Brown's self-help book became an Amazon best-seller, and one of its key takeaways is:

Make It
Mark Cuban's top advice for young professionals: Treat your job as a learning opportunity and get compensated for it.

Mark Cuban's top advice for young professionals: Treat your job as a learning opportunity and get compensated for it.

Make It
Uncommon Goods founder and CEO relinquished a Wall Street job and $10 million to pursue his passion: "Money is not the source of my happiness."

Uncommon Goods founder and CEO relinquished a Wall Street job and $10 million to pursue his passion: "Money is not the source of my happiness."

Make It
This book is a "must-read" for parents, as it advocates for banning smartphones in schools, according to Bill Gates.

This book is a "must-read" for parents, as it advocates for banning smartphones in schools, according to Bill Gates.

Make It
According to a new report, the top 4 jobs of the year are all six-figure positions that are highly sought after.

According to a new report, the top 4 jobs of the year are all six-figure positions that are highly sought after.

Make It
The reason behind the high prices of eggs at over $9 a dozen in certain locations and when the prices are predicted to decrease.

The reason behind the high prices of eggs at over $9 a dozen in certain locations and when the prices are predicted to decrease.

Make It

You might also like