Summary of Google Makes So Much Money, It Never Had to Worry About Financial Discipline – Until Now
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Can risk-taking innovation coexist with fiscal responsibility? In their detailed article, Bloomberg Businessweek reporters Max Chafkin and Mark Bergen explore this question by examining the reasons behind Google’s recent reorganization into Alphabet, and the fallout from that shift. With the change in structure, a company with a historical lack of internal financial strictures has found itself grappling with the question of how to balance financial discipline with the pursuit of risky creative projects. getAbstract recommends this article to everyone interested in Google, Alphabet and tech innovations.
In this summary, you will learn
- Why Google was able to afford highly ambitious innovation projects and
- How its re-engineering efforts changed its approach to innovation
About the Authors
Max Chafkin writes for Bloomberg Businessweek and Bloomberg Technology. Mark Bergen is a reporter covering Google and Alphabet at Bloomberg.