The cost of success (and the convergence of solutions)
Aditya Malik
SVP Revenue & Growth, Pazcare. Past stints at HighRadius, Strategy&, Accenture & Unilever.
When I was in business school, I was taught that the only true measure of success of a company is increase in shareholder value. While the idea sounded right, I was always puzzled by how this translated into constant - Constant! - pressure to grow the topline, expand margins, sweat assets and leverage equity. "Isn't there a limit beyond which it's unreasonable to expect this? Is there no such thing as a 'steady state' successful business?", I used to wonder.
The pressure to grow - and the cost of success - is all too visible to me on communication platforms. Take Facebook. For me it moved from occasional interest to addictive really fast, and stayed there for a while. But over time things got too much. Too many features I didn't use, too many non-friends added, too many ads, too much distraction. Then came facebook 'lite' to 'lite' up some of the dross. But it wasn't enough, to the point that I quit completely one day. I'm sure they had great reasons for all those additional features - all of them must have been essential for some of their customers. But it got too much for me.
Now, I can clearly see WhatsApp going down the same road! WhatsApp started as a breath of fresh air. The simple combination of a messenger and groups and a nice clean interface. But these days, WhatsApp has become a headache! Too many groups (Yes, including the 3rd standard school students' parents' group, also the birthday groups for many of the kids which you never exited, each side of the family... you too?). Too many messages. Too much critical business stuff mixed up with completely irrelevant forwards. Too much pressure to respond.
My own response is to need-want-demand more features! Why can't I classify and group the groups? Why not more fine grained notification control, rather than just mute? Why no auto-reply? Broadcast? Why can't I shut down (without kicking off) that irritating guy who mass forwards stuff on that soccer group, where I'm the admin? Why can't there be semi-admins who can delete posts from groups? Surely with all of these features WhatsApp will again become manageable, right? And then the status updates. Ads. B2B features. Everything.
To me, the feature-bloatification and eventual demise of WhatsApp is already written on the wall.
And then one day it struck me. What I really need-want-demand is for WhatsApp to become IRC!
I know, I know.. What's IRC, right? It's one of the things that make people like me realize I'm old now. It's also (probably) one of the foundational building blocks of the internet, a crazily powerful, fault tolerant, peer-to-peer and group messaging open standard, amongst other things (I am not an expert here). Messenger-bots? Sending files peer-to-peer? Having it restricted to your own organization? Fine grained control? If you can think of it, IRC can probably do it. And because it is a communication standard, not an app, if it can't do it it's probably in the client/UI layer, which you can control by either choosing a client of your choice on a platform of your choice, or building one (or having one build for you).
It was a funny thought to me - to think of probably how things come full circle, how better solutions can fall by the wayside and maybe how all solutions to the same problem might tend to converge towards the same design.
What's also painful to see is how open source/standards/services based design could be the savior of the WhatsApp/messaging experience (by allowing choose-your-own-client/UI, for example), but is anathema to the whole business model as it exists. The objective of Facebook/WhatsApp is complete control to its own benefit, not 'connecting the world to make things better lah di dah', not that anyone falls for that. But I'm sure it's success will plant the seeds for its failure. Fail fast, Facebook!
Scaling up a platform for farmers
5 年Very well put.? Facebook is already peaked out, looking at the demographics. WhatsApp is the default communications platform as of today, combining SMS (virtually devoured it)+Email+Messanger+..... Not letting you switch off notifications has been my pet peeve too (How about remaining in a group but being able to 'unfollow' the Gyani uncle's Art of living messages?). This lacking in the software forces users like me to compensate with investment in hardware: two handsets. Alas, I've not been disciplined and at some point in time messaged personal contacts from the office account and now I'm getting double the gyaan :)? :(.
Senior Product Manager @ Amazon | Supply Chain Management, Business Strategy
6 年Nice article! 'Is there no such thing as a 'steady state' successful business?' I guess the capital markets are quite punitive for being in steady state. And that is where big wealth in short span is feasible.
Member of Leaders Excellence at Harvard Square, MLE? Human Resource Evangelist
6 年I agree with you Aditya that solutions to today are problems of tomorrow. In my understanding, we all are evolving and we don't know as where to stop. Probably with times, we will find our own comfort level. The way we went crazy after FB, we will probably go the same way for what's app also. New technology should be enabler and not distractor. I see misuse of these technologies more in our country compared to US and European nation. May be it has something to do with our new found prosperity after 200 years of poverty?
The Lamb's Book of Life
6 年Success is often like a bribe that blinds the eye .
business
6 年Well if you ask me then I beg to differ from what Mr.Malik has pointed out here.. the fact that the platform of WhatsApp caters more to students then professionals these days and not to mention the friendly gossips which goes on as chats for hours on end I personally don't think that it's going to die a sudden death.. moreover I often see business people all around using WhatsApp as a tool to send and receive information instantly required so in my opinion it's not going anywhere atleast in the near future.. although the fact still remains the same for everyone and everything including galaxies.. there's an end to each and everything.. so it's inevitable fact that someday we will definitely see the end of it.. but I guess certainly not before Mark Zuckerberg comes up with something new and refreshing to offer..