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Google Strategic Plan
Brent Hummer, Greg Jones, Audre Wilde, Steve Ellison
MGT 578 Strategy Formulation and Implementation
Ray Sherwood
January 25, 2006
Executive Summary
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Company Background
"Google is now the most dominant search tool on the web, setting the standards that others try to follow and better, as yet unsuccessfully"(Websearch, 2005). Founded just eight short years ago, Google was developed by Larry Page and Sergey Brin. From the walls of a garage the Google business was born.
The Google search engine has continued to grow at a rapid rate since
the initial launch in 1998. "The search engine and the company grew
quickly through word of mouth, initially with regular web users coming
across the tool and finding the results to their liking" (Websearch,
2005). The augmenting popularity of Google has continued with strong
user acceptance worldwide. "Google took a major step forward in 2000
when it replaced Inktomi as the provider of supplementary search
results on Yahoo 3/32 this gives Google exceptional coverage of web
searches and it now has more than 50% share of the total search
market, making it the clear market leader" (Websearch, 2005).
Google serves three primary market segments: end users, advertisers,
and partner web sites (Google, 2005a). Google does not charge users
for searches. Google displays advertisements with the results of each
search requested by a user. Whenever a user clicks on an
advertisement, Google collects a fee from the advertiser.
Long Term Objectives
Google's long-term objectives are to deliver new advertising
technology, develop tracking mechanisms, and enable users to search a
larger base of information.
Strategic Analysis and Choice
Google's search engine business is the dominant business of the
company. Google has built a competitive advantage based on search
engine differentiation. Google's...