The Google business model will transform the way you go about problem solving and strategic thinking. Google is a great organisation and business to work for, especially since their mantra is to spark innovation to create business agility, employee engagement, and ultimately and stronger business results.
Google’s strategic team can’t predict which products and features will attract a sizable user base. They have included their teams into the thought process to quickly establish what the user wants and how they can learn from them. Instead of spending time perfecting the product, Google has decided to get it out there, and let the feedback guide future development.
If you are in need of business finance then your best form of supply and demand will come from good services, products, marketing and sales. Don’t try to be perfect, try to get your business to run smoothly for as long as you can and get the involvement of your customers. Your customers understand that you truly want their feedback to shape products and services, they will enthusiastically share their opinions.
Quickly learn from mistakes
Don’t attempt to implement to many new concepts at once. Gradually try a different technique, so that if you do happen to fail at it you can pick up the pieces and move on. However, if you happen to fail at a multitude of new concepts at once, there will be too many pieces to pick up. The worst fail is a slow fail. A crumpling business is one that every so often can’t be picked up again. Establish and declare the failures as quickly as you can.
Pay attention to your customer
The customer will always be your main focus. Always go out of your way for the customer, even if it won’t benefit your business. At the end of the day it is your reputation that will get you new clients, not the product or service you provide. If you can get each product or service to link to a problem or challenge, then you make their lives instantly seem easier. That is how word gets out quicker about a business.
Empower your employees
Google’s strategy concerning their employee, is to mobilise each employee where they feel they have a right to do something without having to worry about approvals. The idea is to remove barriers and to empower employees to act quickly. An employee should be rewarded for taking initiative, and their mishaps should be something to learn from. Once they have this message embedded into them, they will free to come up with much more innovative concepts.