Deal focus: RedMart channels the Amazon spirit
Amazon.com is the world’s largest online retailer, but it retains fleetness of foot that defies its size. This is based on the ability to embrace not only new technology but also innovative approaches to management. The “two-pizza rule” devised by founder and CEO Jeff Bezos is a case in point.
No team should be so large that two pizzas are insufficient to feed all the members, according to Bezos. The idea is that, while some corporate functions can be centralized, others are overwhelmed by the...
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