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Google has created many significant products through this emphasis on innovation, including the Google search engine, Google Maps and the Google Chrome Web browser. The company is now much larger than it was when the organizational culture first developed, forcing some changes to the original model.
Leadership Structure Google's corporate structure is not particularly unusual other than the existence of a few unique leadership positions such as Chief Culture Officer and Chief Internet Evangelist.
The company is overseen by a board of directors, which passes instructions down through an executive management group. Each of these departments is divided into smaller units.
Despite the use of a standard corporate organizational structure, Google has developed a corporate culture based on giving employees substantial leeway to develop new ideas without excessive oversight.
The company credits this rule with being the driving force behind many of Google's new products and services, because programmers, salespeople and even executives are given enough space to be creative. When the company became too large to easily manage the flow of new ideas and projects, it instituted a schedule of meetings between employees and the company's founders and chief executives.
At these meetings, employees can pitch new ideas and projects directly to the top executives. Criticisms Although the culture of creativity at Google has resulted in many new products, critics such as Gene Munster from the Piper Jaffray Investment Bank charge that most of these products have not produced substantial new revenue.
Because advertising on search engine result pages produces much of Google's revenues, many of its products are offered for free to encourage the use of the Google search engine. Google initially paid employees less than many other Silicon Valley firms, but used other perks to attract employees.
For instance, Google employees receive free food cooked by a company chef, are provided with bus rides to work and are allowed to travel through the building on scooters and bicycles.
They also have access to company daycare facilities, exercise gyms and other amenities. These perks are intended to help create a fun and creative atmosphere.
In addition, Google now offers stock plans and higher wages that have brought its compensation package into the same range as other companies in the same industry.
Although it may seem eccentric to pursue such an approach in a business environment where profit is always the final concern, employees report feeling very differently about working at Google as opposed to other companies.AET Fuel Systems - SI Engines.
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Market structure is best defined as the organisational and other characteristics of a market. We focus on those characteristics which affect the nature of competition and pricing – but it is important not to place too much emphasis simply on the market share of the existing firms in an industry.
Search the world's information, including webpages, images, videos and more. Google has many special features to help you find exactly what you're looking for. Jun 30, · Google's corporate structure is not particularly unusual other than the existence of a few unique leadership positions such as Chief Culture Officer and Chief Internet Evangelist.
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