Cloud Computing: Amazon’s Jeff Bezos gets more kudos, but challenges loom
December 27, 2012
Grazed from GigaOM. Author: Barb Darrow.
Jeff Bezos, who founded Amazon 16 years ago, is the second-best CEO on the planet, according to Harvard Business Review’s latest rankings. Last month Fortune named him its Business Person of the Year.
It’s been a good year for Amazon CEO Jeff Bezos. In November, Fortune Magazine named him its Business Person of the Year for 2012 and now Harvard Business Review taps him the second-best CEO in the universe in an update to its original rankings posted in 2010. Because of HBR’s methodology, Apple CEO Tim Cook was not eligible and his predecessor Steve Jobs, who passed away last year, was ranked as the top-performing CEO over the past 17 years…
If you’re an Amazon devotee you have to hope this honor isn’t the equivalent of the Sports Illustrated cover jinx because as successful as Amazon is — in online retail, in publishing, and in cloud infrastructure services — it faces very big challenges. For one thing, the sales tax advantage Amazon’s retail business has enjoyed for 16 years is evaporating as more states are forcing it to charge sales taxes on in-state purchases. That could erase some of its traditional advantages over brick-and-mortar stores…
Read more from the source @ http://gigaom.com/cloud/amazons-jeff-bezos-gets-more-kudos-but-challenges-loom/