Google LLC is one of the world’s most successful and influential companies. The company deals in consumer electronics, cloud computing, computer software, quantum computing, e-commerce, and search engine technology. Over the years, the organization has grown to be the best in data collection and technological advantages in artificial intelligence (Worstall, 2013).
Larry Page and Sergey Brin established the entity on September 4, 1998, when they were both pursuing their doctoral degrees in computer science at Stanford University in California (Nussbaum, 2011). Today, the company has expanded and diversified its global business. It has paved the way for creativity and innovation worldwide by expanding its operations internationally. Google is thus an appropriate firm to use as a standard for excellent management practices. It has consistently produced positive improvements and maintained a stellar record over the years.
Google has implemented many management practices into its mission and vision statements to achieve this success and global recognition. For instance, compensation is one of Google’s management principles that they apply to ensure their staff is happy and productive. Though their pay is not the highest in the industry, they are high enough to keep their staff happy and engaged, boosting the company’s productivity (About Google, our culture & company news, n.d). The value of collaboration is another management principle that Google upholds. For example, the company’s culture promotes in-house entertainment opportunities for its staff (Anthony, 2009). Additionally, the company’s mission statement guarantees job security for all employees, embracing the stability of people tenure in management concepts. To help them break up the monotony, the company encourages employees to move about the corporation laterally (Cook, 2012). This keeps the employees from getting locked in a single department, which lowers staff turnover. As a result, Google is one of the greatest businesses to use as a benchmark for excellent management practices.
References
About Google, our culture & company news. Google. (n.d.).
Anthony, S. D. (2009). Google grows from within. Forbes.
Cook, J. (2012). How google motivates their employees with rewards and Perks. HubPages.
Nussbaum, B. (2011). Google’s Greatest Innovation may be its management practice.
Worstall, T. (2013). Lessons from Google’s management style.