What are the biggest threats companies face? Google CEO Sundar Pichai’s response | Mint – Mint

The US Department of Justice has accused Google of stifling competition in the search engine market by paying “enormous sums”. The Department of Justice accused Google of anti-competitive practices for paying large sums of money to major tech companies in order to maintain its dominance in the search engine market.

But Google CEO Pichai also thinks that “thinking about competition” is the worst thing a company can do for itself. “I have always held the view that you tend to go wrong by focusing too much on competition,” Pichai said. “Big companies, particularly, fail because they stumble internally,” the CEO said at the Code Conference.

Pichai added that almost every business spends more time worrying about the competition than it should. As a result, they spend less time on the things that matter.

Pichai did not mean that one should never look at what your competition is doing. He’s not suggesting that your competition is never a threat at all. The Indian-American CEO is suggesting…

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source: https://news.oneseocompany.com/2022/09/11/what-are-the-biggest-threats-companies-face-google-ceo-sundar-pichais-response-mint-mint_2022091129929.html

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