Google might be one of the most iconic and most cataclysmic company of the last fifteen years or so. Starting as a simple search engine, Google has been able to evolve more rapidly and with more success than any other company imaginable. When it comes to the future, one can only look at the history and background of Google to provide clues as to how the company is likely to evolve. This paper examines Google's fundamental strategy for growth which has been to earn, entice, expand and experiment (Faktor, 2013) and discusses how nearly every step and branch of their services, marketing efforts, and company organization falls under this greater umbrella.
Earning intensely has been one of the major elements that has long allowed Google to grow as rapidly as it has and to experiment in so many different markets. Google makes 95% of its profits simple from advertising (Faktor, 2013). Google provides superior products and services that are completely free (such as gmail) to entire people to use their services as a means of delivering ads or collecting data to improve targeting (Faktor, 2013). On the other hand, within the expand category: "If you're online more, Google knows it will ultimately benefit. That explains projects like self-driving cars or wifi balloons in Africa. Finally, Google lets employees experiment. Some become full-fledged products. Other experiments are 'big-bets' on things like solar or investments by Google Ventures in promising startups it might someday ingest" (Faktor, 2013). These four pillars allow Google to constantly evolve rapidly and while they evolve they're constantly making money and winning over user and consumer loyalty.
One major competitive advantage that the company has is that the services and products that it offers continue to be superior to their competitors. One of the reasons that Gmail was so successful as a free email account is because it was so much better and able to provide a more streamlined process of emailing that users soon jumped over, abandoning their old email accounts. Thus, sheer superiority is one major competitive advantage of the company. Furthermore, Google has such a massive and fiercely loyal base of fans and users: this offers them yet another strong competitive advantage.
The company structure still manages to maintain a small firm feel: this is one of the pillars which has long been central to the success of the company. "Google uses a cross-functional organizational structure combined with a unique philosophy. Their cross-functional organizational structure is more of a team approach to management and is structured horizontally" (TVB, 2013). Thus, all employees are treated as though they are each crucial in making their contribution and are all important parts of the company success. Google also offers a really remarkable compensation and benefits package as a means of attracting some of the best employees, from retirement funds to free meals (TVB, 2013). Google is also structured in to sub-branches so that separate cells of the company can focus on their different tasks. For instance, Google Maps is their own department, and Google Earth is another department, as is Google Scholar and YouTube. By having all these divisions and separations, the company is able to maintain that small-firm feel. Separate divisions also run the various search engines in different countries: for example, one specific division controls the Google Saudi Arabia branch and the content there, which of course must also be translated into Arabic.
One could argue that the search engine is by far the most massive and popular service that is offered. The free email account offered to users, along with the free calendars, and free storage are also additional products which have enjoyed widespread success. Yet another remarkable aspect of the Google product line has been with Android. "While Google hasn't been able to convert that commanding consumer market share to an edge in the enterprise -- iPhones and iPads remain BYOD favorites -- Android is a significant presence in the workplace. Improvements last year to Android's core security (along with the unveiling by Samsung of its KNOX Android management platform), the introduction of a new OS (KitKat) in late October, and the integration into KitKat of Google Now (the company's excellent virtual personal assistant), have made Android devices better and safer productivity tools for the enterprise and invariably should lead to more inroads into the workplace" (Nerney, 2014).
Some people have argued that Google is such a massive company and so widely successful that they don't really...
Google and Microsoft Financials Strayer University Assignment 5 Financial management Bus 508 Google, aleader internet information searching, challenged big manes internet technology.Compare contrast Google's business model financial management Micrsoft's, launched Bing Google and Microsoft financial and business performance The increase in internet users and technological advancement has made Microsoft and Google record increased number of customers. The success of any company will entirely be dependent on the financial position and financial records it
I. Market Domain: Search Engine Industry The search engine industry covers firms operating search-based internet sites and search engines displaying ads. Their services are normally offered free of cost and their income comes from ads (i.e., " paid click.& quot; when users click ad links). Search engines rely on numerous free services like news, e-mail, entertainment and social networking for attracting internet users (Clyde, 2000). A. Historical Significance: Analyze historically significant pivot
Google Innovation How Google's Innovative Technologies Have Changed the World The Google founders deliberately designed and continually fuel a corporate culture that puts innovation at the center, acting as a highly effective catalyst for creating new products and services. One of the foundational elements of their culture is the Rule of 20%, which gives engineers the flexibility of spending up to 20% of their time on projects they are interested in transforming
Additionally, the risk factor is something to take into consideration. Firms that have very high debt ratios are not only closer to insolvency, but because they are riskier will also have higher borrowing costs. There is little to choose form in terms of solvency between these companies, but the higher debt ratio at Microsoft will ultimately be better for investors because more of their money is returned in the
Google Social Responsibility "Google is a global technology leader focused on improving the ways people connect with information" (Annual Report, 2011). The corporate social responsibilities of Google, Inc. include addressing global challenges of climate change, education, and poverty alleviation (Corporate Social Responsibility, 2011). Google China Social Innovation Cup for College Students is designed to encourage youth to be agents of social change. Google, Inc. supports earthquake relief efforts raising funds for
Google Culture, Business and HR Practices How do Google's corporate values and goals concerning employees, customers, and the business combine to create job satisfaction and motivate the people who work there? Is this a model every business should adopt? The search engine giant known as Google has experienced a successful few years and risen to become a leader in the search industry. They have enjoyed increased revenue, profits, share prices, market share
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now