Microsoft CEO Satya Nadella has admitted that one of his greatest mistakes failed to predict the dominance of the discovery, a market that Google had successfully capitalized.
He said that Microsoft initially assumed that the web would remain decentralized, not realizing that the search would become its most valuable business model.
Calling it a valuable lesson, he said: “We (Microsoft) missed what the biggest business model on the web came out, because we all believed that the web is about being distributed.”
In a conversation with YouTuber Dwarkesh Patel, Mr. Nadella reflected how Microsoft misunderstood the importance of the discovery, while Google identified his ability and executed his strategy defectively.
“Who would have thought that the biggest winner would be the biggest winner in organizing the search web?” Mr. Nadella said.
“We didn’t clearly saw it, and Google saw it and executed it super well. It is not enough to understand a technical change; companies also need to identify where the price construction will be,” he said.
He said that it is often more challenging than to be favorable for changes in business models.
The CEO of Microsoft said, “These business models are probably harder than a change in technical tendency.”
Mr. Nadella recalled many major technical changes during his career-with a change in individual computers from manfrem, followed by client-server architecture.
He also discussed the emergence of the web, remembering how the launch of mosaic and netscape browsers forced Microsoft to adapt.
He said that the company managed to adjust well in the browser era as it introduced a new way of building construction.
After working in the Sun Microsystems in 1992, after joining Microsoft, Mr. Nadella has seen several waves of innovation.
He obtained a degree in Electrical Engineering from the University of Mangalore, a master’s degree in Computer Science from Visconsin-Milvauki University and MBA from the University of Chicago.
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