Friday, January 21, 2011

Google's Strategic Change of Leadership

The article I read is about a change-up in the leadership at Google. After a 10 year tenure, CEO Eric Schmidt is being replaced by one of the company's co-founders, Larry Page. Apparently, futurists at Google are worried that the company may be reaching its peak in the market as competitors, such as Facebook, are continuing to grow. Larry Page, co-founded Google while a grad student at Stanford, but as the company began to explode, Google's board determined that he and Sergey Brin, the other co-founder, lacked relevant management experience to lead the company. In bringing (back) on Larry Page, Google is hoping to revitalize the entrepreneurial spirit of the company to continue growth, much in the same way Apple has done with Steve Jobs.

NYTimes: Google Shake-Up Is Effort to Revive Start-Up Spark

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