Amazon's new management principles are a sign of the times for corporates

Amazon's new management principles are a sign of the times for corporates

Amazon workers in Bessemer, Alabama, voted against forming a union, but the Retail, Wholesale and Department Store Union, under which they would have unionized, challenged the results.
Elijah Nouvelage/Getty Images

Amazon has added two new leadership principles to its longstanding management code.

Following public criticism, Amazon pledged to be a better employer and to ensure responsibility.

The changes are a sign of corporates publicly adopting progressive values.

See more stories on Insider's business page.

Amazon appears to be reappraising its purpose. In an update on its website , Amazon explained two new statements would be added to its 14-point list of longstanding management principles - to Strive To Be The Earth's Best Employer; and Success And Scale Bring Broad Responsibility.The exact reason and choice of timing - just a few days before founder and CEO Jeff Bezos hands over the reins to Amazon Web Services boss Andy Jassy - behind the change is unclear, but echoes commitments made by Bezos in his final shareholder letter to make the company a more inclusive and better employer.The changes follow widespread criticism over Amazon's treatment of in-house staff, and its impact on the environment. Amazon staff have also been calling for the addition of a management principle that directly addresses inclusion for some months. While Amazon's critics will no doubt continue to feel the company should do more, the update to its core principles reflects a wider trend.
See also:
Leave a comment
  • Latest
  • Read
  • Commented
Calendar Content
«    Декабрь 2021    »