Big news from Google this week. Alphabet. Their new holding company. And a great name at that. Suggesting anything and everything and many new ideas and multitude of opportunties.
Larry Page letter to staff, announcing Alphabet, has some pretty good, quotable quotes. Something any CEO or leader should take note of as they are relevant for any business that wants to be successful.
“We are still trying to do things other people think are crazy but we are super excited about”
If you do not allow for genuine, contrarian ideas to be developed and heard in your company you are crushing innovation. Companies that have a true desire to keep innovating and investing in weird, amazing ideas are sure to be at the forefront of success.
“Over time companies tend to get comfortable doing the same thing, just making incremental changes”
No one wants to end up being the next Blockbuster, Netscape or Kodak. Google is disrupting itself with Alphabet. And a clever move it is.
“Our company is operating well today, but we think we can make it cleaner and more accountable”
The restructuring allows Google to be agile (something the investors have been waiting for). Alphabet gives Google the flexibility to shift businesses. Not only under new umbrellas but also under new CEOs who may offer better leadership.
“Alphabet is about businesses prospering through strong leaders and independence”
With each new business under Alphabet having separate management teams, more opportunities are freed up for career development. This in return is great
for attracting and retaining talent. And we must not forget it allows for strong employer branding. A smart move.
“Alphabet … means a collection of letters that represent language, one of humanity’s most important innovations”
Google may be a tech giant but at the end of the day it is all about your clients and your employees.
And a little marketing side note: Is it smart to re-organize one of the most recognizable brands on the planet? Sure. In creating Alphabet, Google is following powerful trend in corporate branding just like Apple or GE. And having a complete house of strong brands makes for a strong catalyst for innovation.