Google: The end of the World as we know it !!!
from Bukisa.com 10 June 10 enhanced by Peter/CXO Wiz4biz 12/13
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Ten Things to learn on how to be “Googled”
1. Don’t be afraid to start a Business, just because there’s a bigger more successful one that’s already established. Google took on Apple. Apple took on Microsoft. Samsung took on Nokia. Amazon took on all the bookstores, Toyota took on GM, etc.
2. Improvements can always be made. Even though Google’s a billion dollar company, their engineers have 20% free time to constantly come up with new, more innovative ways to sell Google advertising and make the world we live in easier for everyone. Improvements should always be an on-going process.
3. Hire dedicated hard-working Employees. A company is only as good as the people who work for them. Google employs smart engineers who care about the company and want to make advances in what they do to better their company. It’s harder to get into Google than it is into Harvard. Only 1/2 of 1% = 1 in 200 apps.
4. The Sky’s the limit. Always believe that your business can grow and move into bigger & better things – have a lofty Vision. Even though Google takes a lot of heat for continuing to expand its company, it doesn’t hold them back from doing everything they can to reach another plateau.
5. The core of a business starts with Promotion. Getting the your business name [Brand] into the public is important in the success of a company. When Google started, it immediately dove into several media markets such as; newspapers, books, television, & many more to get name recognition
6. Don’t be afraid to Innovate & step Outside-the-Box. Companies who take risks and aren’t afraid to test the waters with new products & services, will be the companies who leap over the ones who settle for maintaining status quo.
7. Listen to your People. Sometimes owners & CEO’s need to take a back seat – instead of always driving – and listen to the suggestions coming from the people who do the job every day. Google’s upper management has faith in their workers to allow them to freely create new products & execute systems that will improve the efficiency of the company.
8. Plan for “long-term” Growth. When Google did their IPO in 2004, it decided to not pay out dividends and let everyone know who owned stock, that their company is in this for long term growth. This meant if Google needed money to invest in something they would have it, yet if the stock-holder stays in it for the long run, money will be made.
9. Make the Workplace, a place where everyone wants to work. Google is the #1 rated company to work for by Forbes magazine – due to the amenities they offer their employees. An employee who enjoys his job will stay longer than one who doesn’t, feel the caring comfort and be more creative.
10. Different Management Styles are good for your company. If a company can diversify the way a manager leads their employee, the company will be more successful than one set in stone managerial style. A manager can “tailor” his style to the type of work the employees do (ie, if they need more freedom to be creative) and the personalities of his workers.
Comments: Are there any other Lessons that you learned from Google?