Posts Tagged ‘david sable digital exponential’

Monday, March 4th, 2013

Home or Office?

Home or Office?

Virtual or Physical?

Face to Face or Hand in Hand….

Mobile vs. Static

Productivity vs. Productivity vs. Savings vs. Investment vs. Lifestyle vs. Innovation and all vs. some inbred sense of entitlement that seems to have infused some in the workforce.

As you have no doubt guessed, my subject is Yahoo! and Marissa Mayer’s recent decision to make her company a physical real-world presence, once again, as she continues to make the hard decisions that just might bring Yahoo! back to its rightful place in the digital world.

It all began with a leaked memo:

“To become the absolute best place to work, communication and collaboration will be important, so we need to be side by side. That is why it is critical that we are all present in our offices. Some of the best decisions and insights come from hallway and cafeteria discussions, meeting new people, and impromptu team meetings. Speed and quality are often sacrificed when we work from home. We need to be one Yahoo!, and that starts with physically being together.”

YAHOO!!

In case it wasn’t clear, I have now morphed from being a passive well-wisher for her success to being a full-on fan rooting for her victory.

However, clearly not everyone agrees.

In fact a storm of criticism filled all channels—attacking her, questioning her decision, denigrating her judgment and of course predicating the failure of her initiative.

The debate has begun—and so has the attempted poaching—or more accurately the PR latching on…Marc Garrett CEO of Intridea, a software developer, has achieved press status with a tweet “Hey #Yahoos: if you’re being forced to quit come work with us @intridea. We all work from home.” And Hitlab USA, a start-up, went to Craigslist with a listing titled “Yahoo Telecommuters Welcome.”

No doubt Ms. Mayer’s decision begun with a simple comparative analysis of the productivity of the average Yahoo! worker vs. the competitive set.

Let’s see—Apple’s employees produce six and a half times more revenue per employee; Facebook three times more and Google weighs in at twice the revenue—there is another story here….

Then no doubt she looked at best-in-class companies…

  • Zappos, where everyone leaves by the same front door, has eliminated most telecommuting. Tony Hsieh, the CEO of Zappos in a speech at DLD in Munich spoke about allowing for “collisions”—their term for serendipitous meetings and mashing—a necessary component for innovation in their culture.
  • Pixar has centralized bathrooms—because Steve Jobs wanted to increase random interaction as he believed in its positive economic effect…HMMM Paris might have been on to something big with the Pissoiors
  • GSK has tracked as much as a 45% increase in decision making when people sit together in open offices
  • Google has long been a believer in discovery, collaboration and fun—all aspects of people hanging…as the expression goes.

And returning to the late Steve Jobs, he was quoted in a 2010 press conference praising/bragging about the long hours his people worked in Cupertino but didn’t mention home… “I’ve seen cars in the parking lot late at night, cots in some of the engineering offices…”

And on and on.

Obviously there is plenty of research to prove that working at home is productive—more productive—is creative—more creative—is efficient—more efficient, etc.

Frankly I don’t want to enter that debate—to be honest I believe there is merit; I firmly support flexible work space; I am convinced that sometimes you just need the headspace to get a particular task done.

I also know that many/most of us add work hours at home and at restaurants and family events and weddings and in the bathroom (shout out for SJ…), but, as I pointed out, those are in addition to whatever long hours you are working in the office.

What I do want to tackle is the knee jerk – babble-ridden way the Yahoo! decision was criticized—and point out to you a great piece by Sarah McBride of Reuters that suggested that best in class in Silicon Valley—free meals, great amenities and the like—are not about altruism or socialism but rather are designed to keep workers in place and engaged in work-related discussion—capitalism at its benign best. According to Reuters, the noise came from elsewhere—and by the way it’s the old guard—the HPs and Ciscos who have more liberal telecommuting policies than the start-ups or the successful new guard.

One of the comments I least agreed with—the one that showed a complete lack of digital understanding and human insight—was the story of the “painful irony” in a company that touts mobile strategy limiting the telecommuting possibilities of its employees.

If anything, telecommuting is a throwback to old…pre-mobile culture when we were in serious danger of becoming an isolated world of single cave hermits—linked by technology but tethered to our terminals.

Mobile did change all of that—for sure—it brought us back to the streets, to restaurants, to stores, to movies, to lectures, to events—to places where we interacted—where the power of Digital Exponential became clear—where we began to be human again….

Mobile liberates the collaborative workforce to sit together in impromptu groups, at meals, in the park, on a balcony, around a table or just sitting on a staircase.

Do not confuse mobile with telecommuting—you denigrate its power, misunderstand its potential and ultimately limit its true cultural impact.

I like working at home on occasion—I always write my ramble from home (or on the road like now) because I find the solitude of an early morning keeps me focused for this task but nothing—nothing—replaces the rush, the synapse firing, the sheer joy of being in the office and seeing and talking and joking and crying and arguing and listening and working with my colleagues—NOTHING.

So while I do believe that there is merit in working from home and cannot dispute the data presented—for the long-term prognosis I turn to the master of evolution and natural selection…listen:

“In the long history of humankind (and animal kind too) those who learned to collaborate and improvise most effectively have prevailed.” Charles Darwin

My bet is with Marissa Mayer…

She has been pegged as antifeminist; anti-workforce; anti-digital; anti-innovative; anti-mobile…

Time to wake up.

None of the above are even close to the issue.

It’s time we get back to business and stop the digi-babble.

What do you think?

 

 

 

Monday, December 10th, 2012

What Constitutes Public Disclosure?

What constitutes public disclosure?

If you send an email to a friend – is that public?

If you blog and have a limited audience – like maybe just your mother – is that public?

If you post on Facebook – does the post alone make it public?

These are not trick or facetious questions – on the contrary, I think that they are important questions…and touch on future privacy issues…and force us to take stock of what’s real and what’s not…and in fact, are questions that have now entered the legal realm and could have a huge impact on our ever-growing social world.

What caught my eye, and hence my imagination, was a report that the SEC – the Securities and Exchange Commission of the United States, who among other things are tasked with overseeing how publicly traded companies communicate about their company activities so as not to give unfair advantage to any one set of investors – that same SEC was considering filing a civil action against Netflix for a post Netflix made on Facebook.

Here is the story – public companies are required to release important information to all investors at the same time. Seems reasonable…in the past a company would issue a press release and file with the SEC at the same time. One imagines that the press release got distributed to a list of publications and distributors, who then shared and published said release and this constituted “at the same time” for the SEC.

Here is what happened….

On July 3, Netflix posted on Facebook a message from CEO Reed Hastings, which reported that for the first time ever Netflix members had watched more than I billion hours of video. Important news if you are an investor – the post was to more than 200,000 Facebook friends of Netflix, received 250 “Likes” and was shared 30 times. Netflix did not issue any press releases or file any documents.

Now I don’t want to discuss what I consider paltry numbers – that’s for another time (our benchmarks are really low) – what is important is what the SEC said next….

Bottom line, the SEC issued a warning of their intention to file civil charges against Netflix for violating Regulation Fair Disclosure – the rule banning the selective release of material information.

You can’t make this stuff up….

In a world where every business is consumed with how to leverage and deal with the ever- exploding world of digital social communication – where the true power of “Digital Exponential” comes into play – the SEC believes that a post on Facebook constitutes full coverage and open access?

Truth is – imagine how Facebook must feel.  If I read this and was a Facebook investor, I’d worry about the viability of my investment – after all, the SEC just declared it a “non-public” forum – in fact, maybe even worse if you think about it.

Now as an investor I might wonder about the 250 “Likes” and 30 “Shares,” but as I said, that is another story.

So there you have it – a fable for our time – the envy of all social aggregators facing legal pigeonholing as a non-important way to share information – hmmmmmmm.

On the other hand – maybe we should stop and think a moment – listen:

“It is the folly of too many to mistake the echo of a London coffee-house for the voice of the kingdom.” Jonathan Swift

Swift – another of my favorites – lived some 300 years ago and was already wrestling with the issues of social discourse that get amplified by artificial means and often out of context….

I wonder what he would say today.

I wonder what you have to say….

What’s your view?

  • Or we can wonder how important is Facebook/social media to investor relations and stock price. Do our clients view it as a channel with the potential to effect wall streets perception of their brand and hence their stock price.
  • I would argue that Netflix members watching more than I billion hours of video is good news for Netflix, but that one piece of info should not be classified as material information for investors. A line has to be drawn at a content level, or we risk regulating all communications of any publicly-traded company in an unsustainable way
Monday, August 13th, 2012

Are You Into Retro?

Are you into retro?

Retro anything…

Fashion, food tastes, furnishings – you name it.

Retro seems always to be in style – in fact, it’s often haute couture – the highest.

Yet some retro is viewed as merely old, tired and worn out, and we slavishly pursue the new in denial of what was. In fact some retro isn’t even retro….

Technology has clearly gone that route as analysts pretend that Amazon isn’t a store and that Facebook has created a new human trait called “sharing.”

Point being, it’s not retro thinking to understand what is and what isn’t actually worn out and old – it’s just plain old smart.

Steve Jobs always understood that better than anyone – while others sold “High Tech” and its inherent complications, he launched the revolution by addressing the human consumer in all of us and then sold colors and design.  When others obsessed over the technical features of what would be called smartphones and made them complicated small clones of computers, he launched that revolution by simply saying Hello…and as others layered tools upon tools – stylus to pad for one – Jobs said, “So let’s not use a stylus. We’re going to use the best pointing device in the world. We’re going to use a pointing device that we’re all born with – born with ten of them. We’re going to use our fingers.”

I was reminded of this as I read about the resurgence of propeller planes in commercial travel. Turboprops to be exact.

More – orders for turboprop commercial planes are helping hurting manufacturers, creating jobs and otherwise helping the economy.

And even more – it will give new opportunity for local and regional travel – bringing with it all the added economic benefits that come along with travelers.

Read some of the analysis here:

TIME Magazine

Environmental Graffiti

The critical story, of course, is that jet travel proved to be untenable. Expensive, uncomfortable for what it was, inefficient – you get the picture. The beauty is that instead of being locked into one version of a story and hence, one solution, the smart planners looked elsewhere, improved on the old without trashing it, and there you have it.

Kind of reminds me of Amazon and Google looking at brick and mortar retail outlets and the proliferation of food carts and live concerts.

The smartest folks look back, look forward, and look up and down.

They don’t throw the baby out with the bathwater or automatically assume that all that preceded them was old, used up and bad.

Reminds me of what one of my favorite sources once wrote:

“When I was a boy of 14, my father was so ignorant I could hardly stand to have the old man around. But when I got to be 21, I was astonished at how much the old man had learned in seven years.” Mark Twain

It’s amazing how much we all learn in seven years. As much as things change and as much new as there is – somehow there is always room to learn from what was – and it seems to me that the smartest money always does.

So the next time you wear “retro” clothing or “retro” glasses, eat “retro” food or carry a “retro” bag – take a moment….

What do you think?