It’s definitely not too late to heal Google. It would require some shake-up at the top of the company, moving the centre of power from the CFO’s office back to someone with a clear long-term vision for how to use Google’s extensive resources to deliver value to users.
Why would this happen though? The change the author is describing came from the company’s shareholders and their desire for profit. Shareholders who have no connection to the core domains of Google, who vote for directors on the board that further profit extraction, who then maintain executive leadership who implements that. You have to convince those shareholders that they should want Google to focus on something other than profit maximization. But they don’t understand you. They can dump Google’s stock at a moment’s notice. Why care about some long term profit when they can make it now and dump the stock as soon as it stops making it? And then, you can’t even talk to them because you’re sitting behind the exec layer and the board layer, both of which are shareholder creations. So you have to tightrope your exec team into believing you, then they have to tightrope the board, and then the board has to tightrope the shareholders. The odds are stacked against reversing course. If on the other hand you’re not acting alone but you are the head of the union that can shutdown Google at a moment’s notice, then not only you can talk to the exec layer, you don’t have to tightrope while doing it. Better yet, you can simply broadcast your message and it’s gonna hit the board and the shareholders directly. That’s why I don’t think Google can reverse course without a strong union. I think the incentives are simply not there.
Why would a union help at all? Organized workers won’t change the financial and legal obligations at the top. It won’t drive the focus away from quarterly earnings. Unions protect the workers, they don’t drive company culture.
There is no saving Google. The only way out of the hole they’re in is to have the integrity not to fall in in the first place.
Why would this happen though? The change the author is describing came from the company’s shareholders and their desire for profit. Shareholders who have no connection to the core domains of Google, who vote for directors on the board that further profit extraction, who then maintain executive leadership who implements that. You have to convince those shareholders that they should want Google to focus on something other than profit maximization. But they don’t understand you. They can dump Google’s stock at a moment’s notice. Why care about some long term profit when they can make it now and dump the stock as soon as it stops making it? And then, you can’t even talk to them because you’re sitting behind the exec layer and the board layer, both of which are shareholder creations. So you have to tightrope your exec team into believing you, then they have to tightrope the board, and then the board has to tightrope the shareholders. The odds are stacked against reversing course. If on the other hand you’re not acting alone but you are the head of the union that can shutdown Google at a moment’s notice, then not only you can talk to the exec layer, you don’t have to tightrope while doing it. Better yet, you can simply broadcast your message and it’s gonna hit the board and the shareholders directly. That’s why I don’t think Google can reverse course without a strong union. I think the incentives are simply not there.
Why would a union help at all? Organized workers won’t change the financial and legal obligations at the top. It won’t drive the focus away from quarterly earnings. Unions protect the workers, they don’t drive company culture.
There is no saving Google. The only way out of the hole they’re in is to have the integrity not to fall in in the first place.