...Week 4 Assignment 1 Innovation from Googles free Food Strategy BUS 302 Management Concepts Strayer University Instructor: Written By ABSTRACT We will be looking at the Forbes Magazine’s “Best Company to Work for in 2014” number 1 ranked company Google. The very successful Technology Industry based company has been very successful and been named as the best employer to work for several times since it opened its doors in 1998. We will look at their Mission Statement and business strategy and how they use employee benefits to draw and keep the best employees. Mission and Business Model Googles Mission Statement is one that does not include a lot of the components that are used to evaluate a quality mission statement. It fails to accompany the customer, concern of survivability or public image amongst other things, but at the sometime this small open minded Mission Statement accomplices the company as a whole and their “Open Innovation” philosophy. (Jurevicuis, 2013) “Google’s mission is to organize the world’s information and make it universally accessible and useful.” “Google’s mission is to organize the world’s information and make it universally accessible and useful.” The Google business model is a ‘Business Model Canvas’. As a world leading Technology Company and the most popular search engine on the internet. They have built an extremely successful primary pay stream with the Cost per Click (CPC) in which advertisers pay each time a user clicks...
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...Google’s Innovation Metrics Meghan Schuetz ORG530: Business Ethics and Sustainability Colorado State University – Global Campus Professor Victoria Figiel June 3, 2013 Google’s Innovation Metrics Metrics are an important tool used to monitor the performance of the success of innovation. Managers must select metrics based on the strategy of their company and their current need. This requires a good model to manage innovation and a balanced scorecard of a business innovation model that describes inputs, processes, outputs, and outcome from generating ideas (Module 5, 2013). The innovation process will be ineffective if leaders attempt to measure the wrong things at the wrong time. Yet innovation has to be measured or else it cannot be managed (Davila, Epstein & Shelton, 2013). A closer look at Google Corporation will be done showing what innovation metrics are relevant to their organization and why. Google Corporation Inputs. Tangible and intangible elements that are devoted to a company’s innovation effort are considered inputs (Davila, Epstein & Shelton, 2013). Google has a very unique corporate culture that’s main goal is to keep employees happy and maintain productivity. It has been documented that a large portion of what Google does is based off of data (Bulygo, 2013). Google has created tests that they use to create an environment that facilitates happiness. This is important because happy employees tend to be more creative and productive. An example...
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...C OV ER F E AT U RE Entrepreneurial Innovation at Google Alberto Savoia and Patrick Copeland, Google To fully realize its innovation potential, Google encourages all of its employees to think and act like entrepreneurs. arge organizations have enormous innovation potential at their disposal. However, the innovation actually realized in successful products and services is usually only a small fraction of that potential. The amount and type of innovation a company achieves are directly related to the way it approaches, fosters, selects, and funds innovation efforts. To maximize innovation and avoid the dilemmas that mature companies face, Google complements the time-proven model of topdown innovation with its own brand of entrepreneurial innovation. L INNOVATION POTENTIAL The concept of innovation potential is a critical, but often overlooked, element in the discussion of innovation; defining and understanding this potential is important because it is the source of all innovation within a company. Intellectual. The company possesses significant knowhow and intellectual property in many areas—most notably in crawling, storing, indexing, organizing, and searching data on a massive scale and with an extremely fast response time. Physical. Google has a network of datacenters as well as a variety of custom, open source, and commercial hardware and software to harness this computing power and make it easily and seamlessly accessible to both customerfacing products...
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...Innovation And Organization Structure 1 Report on Innovation & Organization Structure With case study on Google Inc. Ltd. Prepared By:Akash Tripathy (MS12A005) Deepti Agrawal (MS12A031) Nanda KumarA(MS12A044) Ravinder Reddy(MS12A063) Shine Nagpal (MS12A083) Sunaek Sivadas Vishesh Kumar Agarwal(MS12A103) Innovation And Organization Structure 2 TABLE OF CONTENTS Introduction…………………………………………………………………………………….3 Innovation a. What is Innovation? ……………………………………………………………..........4 b. What are the different types of innovation possible in the organization?....................5 Organization Structure a. What is Organization Structure?.................................................................................9 b. Role of Organizational structure in Innovation…………………………….….……..9 c. The nine common characteristics of innovative organization……………….….…...9 Innovation in Organization a. Examples of Organization promoting Innovation…………………………....…......10 b. Common practices found among organizations fostering innovation………………12 c. Ways to Find Innovation at an Organization………………………………….……..12 d. Processes at organization to drive Innovation ……………………………….……..13 Case study of an Organization- Google a. Organization structure of Google……………………………………………………14 b. Google’s organization chart…………………………………………………..….….19 c. Products of Google……………………………………………………………….….20 d. Advertising services of Google………………………………….…………….…….21 e. Communication and publishing tools of Google………………...
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...Introduction 4 2. Corporate Entrepreneurship 5 3. Google & Corporate Entrepreneurship 5 4. Strategies followed by Google 5 4.1 Involvement of top leadership 5 4.2 Project Kennedy 5 4.3 Launch & Iterate 5 4.4 Lead Users 5 4.5 Leveraging employees for fostering innovation 5 4.6 TGIFs & FIXITS 5 4.7 Googlegeist 5 4.8 Google Moderator 5 4.9 Google X & Moonshot mentality 5 4.10 Recruitment policy 5 5. Google’s eight pillars of Innovation 5 6. Results 5 7. Issues faced by Google with respect to Corporate Entrepreneurship 5 8. Conclusion 5 9. References 5 Executive Summary Corporate Entrepreneurship is a concept in Strategy whereby companies in order to trigger innovation in their organization tap into the entrepreneurial ability of its employees. The process of innovation can vary and methods are different for mature organizations and young organizations. In this project we have tried to review the how corporate entrepreneurship is employed in Google to innovate its products and services. As Google is a young company competing in the technology and internet industry the threat of becoming obsolete is high. The sector is attributed with rapid innovation with each competitor trying to outdo each other. Thus, Google follows an organization wide approach for corporate entrepreneurship where innovation and independent projects are encouraged at all levels of the organization. Google has adopted the...
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...Google, created by Larry Paige and Sergy Brin, was founded in 1998. Before it was named Google, the search engine was called BackRub. This search engine was created to help people and businesses find exactly what they were looking for on the World Wide Web. Their goal was to create a search engine that “understands exactly what you mean and gives you back exactly what you want.” ("Our products and services – Company – Google," n.d.) Google also provides businesses with online tools to help run and expand their business, through advertising and other means. FastCompany.com has dubbed Google as being the “most successful Internet company of our time…” ("Most Innovative Companies 2014 | Fast Company | Business + Innovation," n.d.) Some innovations from Google include: Autocomplete Translations Directions and traffic Universal search Mobile and new screens Voice search Actions The knowledge graph Shanda Harris Innovation Company Research Info just for you, and Answers before you have to ask. (list taken from: http://money.cnn.com/2014/08/20/technology/innovationnation/google- search/) Amit Singhal, head of Google’s search business, has created this list based on research that he did of Google’s accomplishments. Some of the innovations on this list are self- explanatory; voice search, directions and traffic, autocomplete, and translations. The knowledge graph is...
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...factors of management. Internal factors affect a business from within itself without any outside factors. External factors come from an outside environment. There are many functions to an effective management, but the most important factors are planning, organizing, directing, and controlling. These factors can affect how a business is maintained. The organization we will be covering is Google. Globalization, technology, innovation, diversity and ethics play key roles in the corporation. Globalization Globalization means worldwide integration and development (dictionary.com). Internal factors of globalization are production, development, customer service and marketing. Over the past decade, Google has positioned itself so that their name, software, etc. appears on every laptop, tablet, phone, etc. across the world. Google has to make sure that internally it evaluates the capabilities of its employees. Sometimes it is necessary to move people around so that the right people are responsible for the right areas. Because they have done such a good job at this. They provide superior customer service in every part of the globe and their marketing strategies requirements of the people using their products and the laws that come along with doing business in another country. An example of a huge external factor that affected Google was an incident that happened in January of 2010. After a cyber-attack occurred, Google revealed to the world that any company who is eager to do...
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...Introduction According form the sentence “ Creativity and innovation are essentially perceived as the building blocks toward the achievement and success of entrepreneurs”. The sentence is mention with regard to creativity and innovation in term of business. There are many confusion theories concerning creativity and innovation in term of firms and partnerships. Therefore, the writer is going to find out and explain the sentence. Then, this essay will give the definition of creativity and innovation, and determine the key word of the sentence. Why the creativity and innovation are important for successful for entrepreneurs as the building blocks of company and organizational firm. In addition, the writer will provide an example case study that support of how significant of those two words is. Many theories of Creativity and innovation in term of business can be cause of confusing in the sense of creativity and innovation. However, Creativity and innovation are two different terms and they technically have different sense. Fist of all, creativity in term of business is described, as “Mental characteristic that allows a person to think outside of the box, which results in innovative or different approaches to particular task” (BusinessDictionary.com, n.d.). Therefore, creativity is a result processing of knowledge including curious, experience, imagination, and evaluation. Base on the theory of Burrus (2013), “the creativity is divided into three steps: Discovery: the lower...
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...3/3/2016 Google: The World’s First Information Utility? Springer 4 How Google innovates Innovation at Google has been internally focused on building an IT infrastructure that is robust and enables easy creation of new products and services. Going forward, the information utility will require more externally oriented innovation focused on supporting external developers and customer applications. But how does Google foster the innovation that leads to new applications? This is an important question because most companies cannot expect to imitate its IT infrastructure, but they can imitate its innovation strategies. Google uses the following four strategies. 4.1 Explicit focus on R&D Google’s extraordinary revenue enables it to have a luxury few firms can enjoy today – an R&D lab that focuses on developing revolutionary hardware and software ideas along with complementary services. More than onehalf of the company’s employees are engineers and scientists, and there might be hundreds of projects in development at any given time. Many prototypes are made available on the lab’s website for the interested public to download and try in the beta stage. By launching these beta products and services publicly to be tried out, Google can see which ones take off, get feedback, and incrementally improve them without having to scrap a product that might take off with further development. 4.2 Acquisition of talented people Google is among the most active hightech companies in hiring top ...
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... |TASK | | |Understand the importance of |Evaluate current creative and innovative | | |creative and innovative management |management processes in an organization | | |in organizations | | | | |Explain how to lead others to positively | | | |embrace innovation and change | | |LO 2 | | | |Be able to support creative and |2.1 Assess the influence of vision and mission | | |innovative management processes |on generation of creative and innovative | | |for an organisation |management processes in an organization...
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...Organizational Behavior of Google Organizational Behaviors of Google Best Place to Work, and its Organizational Environment BUS 322: Organizational Behavior Sean Davis Professor Edward Miller 4/25/2015 2 Organizational Behavior of Google Where you work is very important because you are there most of your time. When you choose a company to work for organizational behavior becomes a factor, whether you know it or not. Organizational behavior plays a big role in how well the company operates, how great the employees feel and how well the company can be competitive in the global market. If I could choose any place to work at it would be Google. Google is an innovative company that pride themselves on autonomy and diversity. Google is the leading search engine in the world, and also is a leading technological innovation company with many projects that are geared for a more advanced world of living. In 2014 Google was voted one of Forbes lists of best places to work for. It has been on the list for eight consecutive years and also has been on the list for two years as number one. Google was also number one on the Glassdoor list which is made from the reviews of employee's. Clearly I’m not the only one that thinks Google is a great place to work. Google Inc. prides itself in being different. Google has received a lot of attention for its unorthodox organizational culture, which is designed to encourage both creativity and also faithfulness. Google allows emp...
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...------------------------------------------------- READING NOTES: The Discipline of Innovation In this article, Peter F. Drucker provides us a complete framework of the “Innovation”. Systematic innovation is both work and inspiration: it is at the heart of entrepreneurship. According to him, there are three requirements that must be met in order to succeed in innovation: KNOWLEDGE (study potential customers’ needs and expectations), INGENUITY (think about something simple and useful. “Faster, Better, Cheaper” summarize it well) and FOCUS (start with a small idea and make it growth to arrive to an effective innovation). Innovation is also a change in the behavior of people in general or a change in process (how people work or act). The main question is how to innovate. Peter F. Drucker writes that companies have to look for OPPORTUNITIES. He identifies seven ways to innovate, called “the seven sources of innovation”. He divides theses sources in 2 groups: the first four sources lie within the company and the last three depends on the environment of the company (external factors). Unexpected occurrences Successes or failures Incongruities Differences between what it is and what people wants Process needs New product/service is an answer to a need Industry/market changes Offer possibilities to launch a new product/service Demographic changes Statistics about population move quickly Changes in perception Meaning and mood change from a generation to an other New knowledge Scientist...
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...what classical principles of organization theory does Google controvert? what principles are employed? Google’s Innovation Machine In the pantheon of internet-based companies, Google stands out as both particularly successful and particularly innovative. Not since Microsoft has a company had so much success so quickly. Google excels at IT and business architecture, experimentation, improvisation, analytical decision making, participative product development, and other relatively unusual forms of innovation. It balances an admittedly chaotic ideation process with a set of rigorous, data-driven methods for evaluating ideas. The company culture attracts the brightest technical talent, and despite its rapid employee growth Google still gets 100 applicants for every open position. It has developed or acquired a wide variety of new offerings to augment the core search product. Its growth, profitability, and shareholder equity are at unparalleled levels. This highly desirable situation may not last forever, but Google has clearly done something right. Indeed, Google has been the creator or a leading exponent of new approaches to business and management innovation. Much of what the company does is rooted in its legendary IT infrastructure, but technology and strategy at Google are inseparable and mutually permeable—making it hard to say whether technology is the DNA of its strategy or the other way around. Whichever it is, Google seems to embody the decades-old, rarely fulfilled vision...
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...Google: A Technology Juggernaut MGT/230 In the late nineteen nineties two Stanford university students, Sergey Brin and Larry Page developed a search engine the likes the world had never seen. Joined by their friend Eric Schmidt they created what is now one of the largest worldwide dot-com businesses ever devised. Like any other company the four functions of management evolve based on both internal and external factors that come into play. This piece will endeavor to examine these changes as they apply to a variety of these factors. In today’s business environment technology is changing quickly and the need for new and innovative products and services has become critical. As customers become more sophisticated and have more choices the need for a company to differentiate itself from its competitors becomes essential for survival. No company has demonstrated the success that comes from developing innovative products more than Google. From the beginning of its existence in 1998 to present, the growth of the company can be directly tied to its ability to develop and bring to market innovations that have transformed the internet. Innovation can be defined as the creation of new ideas that are introduced into the market. Google has transformed the information landscape to bring to market systems, programs, and educational tools that continue to generate new value and to bring about significant changes in society. Google success...
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...Google: What They Say and What They Do Brumbaugh, Robert Blaine COM 530 June 11, 2012 Bob Kolber Abstract This paper is about the culture and communication methods of Google. It will start with an explanation of Google’s organizational culture and values. The following section will explain the role of communication within the organization. Including how communication is affected by the organization’s culture, and the role it plays in perception of the culture. The final sections will talk about misalignments between espoused and enacted values. Google’s Culture and Values “It’s really the people that make Google the kind of company it is.” ("Our Culture", n.d.). The people who work at Google are smart, determined, and from various parts of the world. The company hires people based more on their ability instead of their experience. They also maintain an open culture that allows for communication with everyone else in the company. “Googlers” as they call themselves, can even ask questions directly to Larry Page, the CEO of Google. The company values the input and diversity of its employees. It’s the input and diversity that fuels the innovation that the company is known for. Communication and Culture “One of the key reasons for Google's success is a belief that good ideas can, and should, come from anywhere.” (Mayer, 2005). Google supports an all channel style of communication, meaning that everyone can talk to everyone else. This open...
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