The development of Google G-Mail is one of the best-known as is the creation of Picasa and Google Scholar as well. Google's senior management team realizes that to the extent they can continually deliver new applications is the extent to which they will become a platform, not being relegated to only a search engine (Gawer, Cusumano, 2008). The development of Chrome, a Web-based operating system that can work within a browser, to the development of Google Office, and Translate, an incredibly powerful tool for translating documents of all types from one language to another all came into existence due to the Rule of 20%.
All of these innovations have over time completely re-ordered the definition of strategy within the company as well, concentrating the focus more on services and extension to enterprises on the one hand, and being the replacement of individual operating systems on the other. Google's single largest revenue producing service is Google AdWords, which generates approximately 30% of revenue any given quarter (Economist, 2007). Advertising-based revenue models are continually being evaluated as strategic alternatives by Google today, as are the processes supporting them. The processes in fact for the development of the next generation of advertising models based on contextual search and integration to social networking platforms will continue to fuel Google's ascension into a global computing platform (Gawer, Cusumano, 2008). The outgrowth of these innovations taken together will eventually lead to services being tailored to the specific needs of businesses by their relative size, segment and need, in addition to the needs of consumers as well. Google's rapid growth is attributable to unleashing innovation and sustaining it over time.
The Walt Disney Company
From its initial success in entertainment to the development of a media conglomerate through mergers and acquisitions, the Walt Disney Company is consistently considered one of the most innovative companies in the world...
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