Google's Vision Statement: Generic Strategy and Intensive Growth Strategies
Google's Vision Statement: Generic Strategy and Intensive Growth Strategies
company in terms of what it wants to achieve. Founded in 1998, the company has been following
its mission statement and vision statement, leading to its current position as one of the most
valuable brands in the world. Google’s mission statement defines the strategies of the business,
such as the development of new products. In a similar way, the company’s vision statement
pushes the organization to achieve new heights, such as through rapid innovation. The success of
Google is directly connected to the efforts of the company to fulfill its mission statement and
vision statement.
Google follows its vision statement and mission statement through its generic strategy
and intensive growth strategies. These statements are used as basis for the company’s strategic
choices.
Google’s vision statement is “to provide access to the world’s information in one click.”
The company’s nature of business is a direct manifestation of this vision statement. For instance,
Google’s most popular product is its search engine service. This product enables people to
easily access information from around the world.
Google’s mission statement is “to organize the world’s information and make it
universally accessible and useful.” Ever since its beginnings, the company has focused on
developing its proprietary algorithms to maximize effectiveness. Google continues to focus on
ensuring that people access the information they need.
Google’s mission statement is parallel to the company’s vision statement. The mission
statement has four variables, namely, world’s information, organization, universal accessibility,
and usefulness. As noted, the firm fulfills the world’s information component by crawling
webpages. The company organizes the information through its proprietary algorithms or
programs. Google also fulfills the universal accessibility component of its mission statement by
offering its services worldwide. Such processing and organizing of information also makes
search results useful. Therefore, Google effectively follows its mission statement.
Source: http://panmore.com/google-vision-statement-mission-statement
1. Function-based definition
2. Product-based definition
3. Flatness
Google uses function as basis for grouping employees. For example, the company has a Sales
Operations team, an Engineering & Design Team, and a Product Management Team, among
others. The firm also uses products as basis for grouping employees. For example, the company
groups employees for developing Nexus devices. The firm also groups employees for its Fiber
business. In addition, the firm’s organizational structure has considerable flatness. A flat
organizational structure means that Google’s employees, teams or groups can bypass middle
management and report directly to CEO Larry Page. Employees can also meet and share
information across teams.
Google’s organizational culture is not typical, partly because of the effects of the firm’s
organizational structure. In essence, structure and culture interact to influence the capabilities of
the organization. Google’s organizational culture is:
1. Open
2. Innovative
4. Hands-on
Source: http://panmore.com/google-organizational-structure-organizational-culture