Introduction Despite being a massive conglomerate, Google is still capable of managing its innovation using the kind of skills and inventiveness that every young startup would dream of having. The organization has efficiently taken on projects that are considered to be both ambitious and game-changing, and if they would succeed, they could have a positive impact on human life for the better. This presentation addresses how Google manages its innovation, its success, and failures, as well as giving future recommendations.
How Google has Managed Innovation Google has challenged the conventional management thinking (Verma, et al, 2015, April, pp.18). Due to the model that it applies in managing its innovation, it has been termed as the world’s most innovative organization. From an external point of view, the company seems to apply two arguably but rather distinct competencies.
How Google has Managed Innovation Cont. These competencies include computer science’s engineering skills as well as scientifically based expertise which relies on human capital. From the foregoing, it can be seen that Google has created an uncommon management model which is established on specific management principles.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
How Google has Managed Innovation Cont. 1.Having effectual capabilities The company possesses the capability of integrating, developing, as well as reconfiguring internal and external competencies aimed at meeting the rapidly changing environment. 2.A continuously changing company The company takes quick actions before problems occur. They have a proactive approach to change.
Cont. 3.Having a people-concentric Approach The firm is considered to be people-centric, particularly focusing on the individuals and liberating their innovative power. 4.Networking with its Environment The company has a permeable limit and possess a constant and continuous exchange of information with its surrounding
Google’s Successes 1.Google Maps The innovation does not earn much money. However, it forms the backbone for other essential services which include Latitude, Maps Navigation, as well as Places. 2.Gmail Gmail serves as the backbone for other Google services such as GChat, contacts, as well as voice calls.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Success Cont. 3.Android Google introduced Android Inc. in 2005 and two years later, Google announced the Android smartphone platform. This has become the most selling smartphone platform across the globe. 4.IPhone Search Google partnered with Apple with the aim of providing a default search engine on iPhones. As a result, Google acquired a foot-hold on the fast-growing mobile operating system.
Google’s Failures 1.Boston Dynamics It is known for making life-sized animal robots. Among its success was in 2005 when it developed BigDog meant for the US military. After purchasing the robotics company in 2013, Google sold it out in 2016 after it failed to gain fruitful marketable products. 2.Google+ It was launched in 2011 with the intention of competing with other social networking sites such as Facebook and Twitter. The social media was intensely underperformed, resulting in less than 10% of its users being active.
Google’s Failures Cont. 3.Google Buzz It was used as a messaging, micro-blogging, as well as a social networking tool and was installed in Gmail to allow its users to share videos, pictures, and messages either to the public or a private group or friend. Nonetheless, it was shut down since most of its wanted more serious privacy issues.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Recommendations Google has to adjust its strategy to remain competitive in the dynamic search engine. It should undertake the following implementations: 1.First, to remain competitive against its rivals such as Microsoft Corporation’s Bing and Yahoo Inc.’s search engine.
Recommendations To do this, Google should continuously strive to be a technological leader and not a technological follower (Steiber, 2014, pp.121). Additionally, to do this, Google should incur costs in transforming their business strategy as well as enhancing their technological infrastructure. This would take almost 5 years.
Recommendations Cont. 2.Google should diversify its products if it is to remain competitive. By diversifying the search engine’s product portfolio, the company will be in a position to attract many customers.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Recommendations Cont. The costs to be incurred are in improving its Google Maps as well as the Google toolbar. It is not easy to gain new customers who remain loyal to an organization. Thus, it would take Google almost 5 years to diversify the products and increase the market share.
Recommendations Cont. 3.Also, Google should develop its Human Resource strategy that aims to attract Information Technology’s top talent. This would be made possible through the creation of stable working environment, training, and motivating the current staff. This would take almost one year
Conclusion Google’s competitive advantage companies such as Yahoo Inc. and Microsoft Corporation’s Bing is as a result of its effective innovation management techniques. The company’s ability to keep pace with the exponential development in technology has made it to be named the globe’s most innovative organization.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
References Steiber, A. (2014).The Google model: Managing continuous innovation in a rapidly changing world. Springer Science & Business Media. Verma, A., Pedrosa, L., Korupolu, M., Oppenheimer, D., Tune, E., & Wilkes, J. (2015, April). Large-scale cluster management at Google with Borg. InProceedings of the Tenth European Conference on Computer Systems(p. 18). ACM.