I didn't think the failure rate was that high either; they must have some
quality control mechanisms that kill some projects before they make it to
public beta testing.

On Tue, Apr 13, 2010 at 9:15 AM, Jason Service <[email protected]> wrote:

> Race...reminds me of the ONE panel discussion i attended last year at
> Dragon, the DARPA panel. They expect 90% or higher failure, but as it is
> defense department and governmental spending, it is not as hard to believe
> as corporate spending
>
> and the 1-9% of their items that are winners...are HUGE
>
> On Tue, Apr 13, 2010 at 9:11 AM, Race <[email protected]> wrote:
>
>> It is my firm belief that the only way Google can get away with a
>> strategy like this is their hiring practice.  They are apparently
>> ferociously stringent on hiring very smart people.  Even the non-
>> technical need to be well above-average intelligence.
>>
>> When you have that huge pool of high caliber of people able to work on
>> what they want, its just a matter of time before diamonds start
>> getting sifted from the rough.
>>
>> Gmail anyone?
>>
>> On Apr 12, 6:10 pm, Cary Preston <[email protected]> wrote:
>> > Came across a section that I thought was pertinent to all the
>> speculation on
>> > Android tablets and whether or not Chrome OS will ever be employed:
>> >
>> > Marissa Mayer, Google’s vice president for search products and user
>> > experience, believes that the
>> > company’s future success hinges on innovation. She encourages
>> risk-taking
>> > and readily acknowl-
>> > edges that 60–80% of the company’s new products will fail. However,
>> creating
>> > an organizational
>> > culture that embraces failure also helps produce the new product
>> > introductions that should sustain
>> > the company’s future sales growth
>> > (Garrison, Ray H.. Managerial Accounting, 13th Edition. McGraw-Hill
>> Higher
>> > Education/CourseSmart, 02/13/2009. 520)
>> >
>> > So I guess to Google it's to be expected for things like Wave to utterly
>> > flop. I guess Google is the true antithesis to Apple; Apple is elegant,
>> all
>> > products are seamlessly integrated, and control of the product line is
>> about
>> > as central as you can get where Google's products are utilitarian,
>> hardware
>> > is farmed out to any manufacturer that is interested (and software is
>> freely
>> > altered and adapted), and the strategy seems to be let the engineers
>> roam
>> > free and see what of the things they come up with stick.
>>
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