Kroze
Diamond Member
Bigger is not always better as Google continue to show the world how to run a successful business. Founded in 1999, Google has more than quadruple its stock value from a respectable $85 initial public offering and reign the number 1 spot on Fortune magazine?s best company to work for. On the flip side, the retail behemoth Wal-Mart has been on a downward spiral since CEO Lee Scott took over in January of 2000. Since Lee Scott took over in 2000, Wal-Mart?s stock price has plummeted 22 percent. So what went right and wrong between the Google and Wal-Mart? It seems that Google follow the philosophy of; if you take care of the people, they will take care of you. Google spoiled all of their employees with ridiculous amount of fringe benefits. Wal-Mart on the other hand took a different approach; cut cost at every way imaginable to maximize the bottom line, even at the expense of employees? wages and benefits. While the employees at Google enjoyed staying till 3 a.m. debating over some engineering esoteric algorithmic conundrum, Wal-Mart is settling a $78 million dollars class action lawsuit filed by their own employees for denying breaks and forcing them to work off the clock.