This guy’s scarey smart and he communicates extremely effectively. Wow.
@dylanliu2466 Жыл бұрын
Law of diminishing marginal utility is a universal principle.
@dogaarmangil Жыл бұрын
Interesting line of thought. 37:35 James Lewis asks the question of why Amazon's growth is accelerating with time whereas most other companies' growth decelerates with time. That's the difference between marketplaces where the winner takes all most of the time, and product/services businesses.
@dinoscheidt Жыл бұрын
And flywheel effects. Monetizing costly achieved data, customer relations, marketing / word of mouth etc etc. Marketplaces are just an overarching echelon of those principles.
@dogaarmangil Жыл бұрын
@@dinoscheidt Right. In addition to its marketplace business, Amazon also has AWS which is a platform business, and platforms also show flywheel effects. If you have petabytes of data stored on AWS and your software is dependent on AWS services, you are unlikely to move onto another cloud. Also you are more likely to find hires who are skilled in AWS vs other clouds. In addition, Amazon and AWS have received a lot of VC money, which helps when it comes to marketing and execution capability.
@miallo Жыл бұрын
Also at 11:45 he wondered why each new employee was bringing in more money. I think an even easier way of explaining this is just 'economies of scale'. Yes the interactions between the teams are vital to enable this over the long term but I think the general behaviour is well understood and not that surprising
@barneylaurance1865 Жыл бұрын
Yes, I thought James glossed over Amazon's monopolistic & monopsonistic behaviours.
@abdelkaderlaaloui7219 Жыл бұрын
A big like 👍 Thanks for sharing this 🙏
@ToshioKhan Жыл бұрын
Great like would love to know more about how to build organization based on social network
@barneylaurance1865 Жыл бұрын
I'm sure the software architecture and organisation structure is a big part of it, it seems like some of the super-linear growth of Amazon could be explained by it's monopolistic & monopsonistic behaviours. The flywheel that Doctorow and Giblin talk about in "Chokepoint Capitalism". It seems like a huge big emission to talk about getting bigger making getting bigger easier without mentioning that they're so big that we can't approximate their share on the markets as zero, like we could with a small company in a highly competitive market. In some ways that should make it harder for them to get bigger as they've already captured the market and there's less space to grow into, but it also makes it easier as they're able to make it hard to operate competitors and they benefit from network effects.
@paul-bouzakis Жыл бұрын
Good talk. Would of loved to spend more time on real world examples
@amypellegrini17327 ай бұрын
So many scary facts laid out so clearly... and orgs still insist in change requests board, hierarchical leadership styles, org wide policies and rules for developers...
@seetlive Жыл бұрын
Thank you for the lecture, quite fascinating and informative.
@martinmrsk-mller6973 Жыл бұрын
what is the next big thing wrt organisational design / structure after Team Topologies? What to inspire next?
@caseylam8046 Жыл бұрын
what does it mean by building organization like social network? How?
@sjatkins Жыл бұрын
Things seem to be getting worse with often multiple cloud platforms and multiple CI/CD systems per startup not to mention anti-patterns like a FaaS per every http endpoint in effect.
@dinoscheidt Жыл бұрын
That would all be fine, if those would have contract testing. If you have a schema that says email: optional, address: optional - but the business logic says it needs at least one method to contact a user = the trouble starts. But lets not kid ourselves… most startups today have trouble to not use php, rust, python etc for a simple website. Let alone system design.
@scubaflow8023 Жыл бұрын
A great Thoughtworks commercial - a lot of bolting together of much more elegant thought leadership (methods/concepts/practices). Good try, though, muddy thinking, especially around complex adaptive systems and flow. Relying on the early days of what used to be a good reputation for thought leadership.