Google Inc (GOOG): America’s 8th Best CEO Will Give You an Investing Edge

Google has even gone after Facebook with its Google Plus social website. Though it has over 500 million registered users, it’s tough to say if Google will win this battle, as users are only spending an average of 3.3 minutes per month on Google Plus, compared to 7.5 hours for Facebook.

But the point of all this is that Google has been able to be the David winning against several Goliaths, and a big part of that is due to the culture that Page and Brin have infused in the company. Most notably, they instituted “20% time,” where employees have the freedom to explore any Google project they want that doesn’t directly have to do with their job responsibilities. Almost half of Google’s innovations have been a product of this 20% time.

And when it comes to innovation, Page isn’t looking for little tweaks; he wants employees to shoot for the moon. As Wired magazine wrote earlier this year: “Larry Page lives by the gospel of 10x. … Thousand-percent improvement requires rethinking problems entirely, exploring the edges of what’s technically possible, and having a lot more fun in the process.”

That also probably helps explain why Google was rated the 6th best place to work in 2013 by Glassdoor.

The article America’s 8th Best CEO Will Give You an Investing Edge originally appeared on Fool.com and is written by Brian Stoffel.

Fool contributor Brian Stoffel owns shares of Apple and Google. The Motley Fool recommends Apple, Facebook, and Google. The Motley Fool owns shares of Apple, Facebook, and Google.

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