Monday, November 9, 2009

Change of be changed


Change or be changed

 

"If the rate of change inside an organization is less that the rate of change outside... their end is in sight". Jack Welch- Former CEO GE

In our efforts to follow the moves of industry leaders I found this excerpt from a Google Investors conference. 

Investing in innovation at Google

Eric (CEO of Google) said during our third quarter earnings call that "innovation is the technological pre-condition for growth." He was talking about the kind of innovation that's only possible when you can attract and retain the world's finest minds. Some come to Google through acquisition, like the people who created Google Earth (formerly Keyhole), or the folks at Android Inc. — but most innovation coming out of Google is homegrown.

A good example is
Google Chrome, which in only a year, has more than 30 million active users. Larry and Sergey recently gave the Chrome team a Founders Award, a multimillion-dollar stock bonus shared by the Googlers who worked across functions and regions to create and launch that product. As its name suggests, this award is presented by our founders to celebrate the kind of large-scale, game-changing achievements that Google stands for. The Chrome team joined a long list of teams — including Gmail, AdSense for Content, Google Maps and parts of our sales and marketing units — who have won this award (and could win again!).

We want to continue to create products that rethink industry standards, challenge the status quo and make people's lives easier — and we know that there are great minds out there with the same goal.


At Signature Community, our everyday focus is on helping our company evolve faster than the changing industry.  We are innovating within the company to out pace our competition.  Last month I opened up my email to the ideas of all our employees, residents, vendor and investors; and I received so many great ideas that it was tough to narrow down the highest leverage items.  We did use a very analytical (blind survey) approach to deciding the highest leverage ideas and are now setting up teams to approach the task of researching and executing on these ideas on a company wide basis.  It is this type of teamwork, which allows individuals to be involved in shaping the destiny of Signature Community.

At Signature Community we continually strive to be better than our competition and changing the way we do business is one of the primary ways that we will stay ahead. I thank everyone in the organization who has agreed to help navigate the changes we are making this quarter and I look forward to working with each team to make Signature Community even better.

Thanks for making it happen at Signature Community.

-Nick

 

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