Who else thinks the Alphabet(Google's new Parent company) URL and minimalistic page design screams majestic?Well, Google has a new parent company,
Alphabet( abc.xyz).Screams Awesome,doesn't it.
Along with the new name,Alphabet, some of Google’s businesses are splitting off to become their own separate companies under Umbrella 'Wing 'Alphabet just similar to the regular modern day SBUs. Google’s core Internet business will stay Google. But some of its crazier ventures will now exist on their own under Alphabet giving the leaders of the ventures wings of independence and installing deep roots of responsibility at the same time.
As Larry Page puts it ,"Alphabet is about businesses prospering through strong leaders and independence. In general, our model is to have a strong CEO who runs each business, with Sergey and me in service to them as needed. We will rigorously handle capital allocation and work to make sure each business is executing well. We'll also make sure we have a great CEO for each business, and we’ll determine their compensation."
This is a smart move and I know The company will leverage on the 'SBUs'
Posts
0 comments:
Post a Comment