It takes something different to succeed in business these days, and Apple (NASDAQ:AAPL) and Amazon.com (NASDAQ:AMZN) understand this. That's according to Gary Shapiro, author of Ninja Innovation: The Ten Killer Strategies of the World's Most Successful Businesses.
Shapiro is president and chief executive officer of the Consumer Electronics Association, and has studied businesses for over 30 years. In that time, he's seen a dramatic shift in the speed and tactics companies need to act and react to a shifting marketplace. Ironically, these new-age tactics employed by Apple, Amazon, and others, date back hundreds of years to the ninjas of feudal Japan.
I spoke with Shapiro at the huge 2014 International CES in Las Vegas, where thousands of companies gather to show off their latest innovations. In this video, Shapiro explains how Apple and Amazon had leadership that was quick, team-oriented, and always willing to change plans.
As these and other successful businesses were rising in stature and gobbling up market share, they shunned the previous "me-too" copycat mentality. They blazed their own trails, and were able to test, get responses, and change quickly.
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Rex Moore has no position in any stocks mentioned. The Motley Fool recommends Amazon.com and Apple. The Motley Fool owns shares of Amazon.com and Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.