Tag: Fred Wilson

  • Endurance Models

    I’d ended last week’s post wondering about the role of durability in the design of communication and organisational structures. Dina has continued the discussion on her blog, adding on some very pertinent questions. Do visit and add on to this very interesting thought flow.

    I got myself three threads of thought in her post. One, the dependency (of one product on another’s durability) factor, highlighted by the classic example of Twitter, where app developers have been flummoxed by recent events. (Twitter buying out Atebits and making Tweetie a free app for iPhone). Two, brands needing to create enduring, sustainable relationships, and being agile and flexible, because neither consumers nor their relationships are ‘static’. And therefore, three, durability is morphing.

    Before we dig into all of them, a small point of view. While one one hand, Twitter buying out services/competing with them could be seen as very Google like, and something that kills innovation in my book, I do have faith in Twitter and believe it won’t go the way Google has. (Simplistically) Unlike Google, which practically kills (eg. Dodgeball, jaiku), Twitter has just removed one entry barrier (paying for the service) for Tweetie’s adoption. As for Fred Wilson’s post, i can only remind you (again) of Godin’s description of Twitter – a protocol, and that’s why I completely buy the argument in the post on creating something entirely new on top of Twitter. (a contra view on Twitter being a protocol, informative read)

    This, you would notice, is a thought that continues from Dina’s point on dependency. But there’s a link to the second point as well – creating enduring, sustaining relationships and being flexible. The services which (to quote Fred Wilson) were ‘filling holes’ were (IMO) way too dependent on twitter. They were only providing a value, which Twitter had not deemed as a priority at a particular point in time. Not sustainable.

    Now, social gaming is one of the opportunities that Fred Wilson notes. So, look at Zynga. Their creations acquired massive adoption because of Facebook. They keep making more games, running them on Facebook, but simultaneously, also made farmville.com, with integrated FB Connect, and offers them more flexibility to provide more value. More importantly, the genre is perhaps not something FB is likely to get its hands dirty in anytime soon. Slightly more sustainable. Look at Foursquare. Standalone, but with Twitter and Facebook integrated very well. A level higher on sustainability. So the point is, the durability would be a function of how these platforms are used, dependency is proportional to the value provided.

    Morphing. Though the usage of social media by organisations is a subject that is discussed often (including on this blog), I thought this post by Tac Anderson articulated it extremely well. He discusses three strategies used by the enterprise – the one off approach that isn’t integrated with any existing system/process; optimising social media for business – with clear resources, roles and responsibilities; optimising business for social media. The first and second areas are where most companies operate. The third is a business organisation optimised for social media (technology and culture). He points out that Netflix, Google, Amazon have built businesses optimised for the web, and doesn’t see a business that has successfully implemented it wrt social media. He does say that it may not make sense for a company to throw out an existing strategy and build another around social media, but the ones with the third approach will be the next Google/Amazon. Another good read on the subject is Tom Fishburne’s ‘The new product waterfall‘.

    It is debatable whether an organisation can move from approach 2 towards 3.Β  But I do think that the morphed versions of durability will emerge from business structures that are built to be comfortable with and are therefore in a position to take advantage of the tools and platforms of social media. That is most likely the way to create enduring, sustainable relationships in a scenario of changing consumer and communication dynamics.

    until next time, the durability of this thread on the blog ends here πŸ™‚

    PS: Won’t have to endure a post next week. Back in a fortnight πŸ˜‰

  • A flaky post

    Paperweights. The ones with either a dancing girl/couple or a snowman at the centre. Turn it upside down, and the ‘snow flakes’ come floating down. Long trips away from routine make me feel like those flakes. I float for as long as I can, but i can’t defy the gravitational pull, there’s no way but down. All my floating is restricted to the confines of the paper weight, I can only wistfully look outside. When the upside down movement happens, I know that I’m in for a ride. I know it will be wonderful while it lasts, I also know the inevitability of the descent. In the initial moments of the floating, I am able to forget the ending, and enjoy myself, but towards the end, I end up counting the moments left. It is time to land, the journey is over.

    Remember Forrest Gump? Through the movie, there’s a white feather that floats around. A while back, I read somewhere that it represents destiny and luck, which is why it is shown to appear at opportune moments. Its free, unconfined and goes where the breeze takes it. Sometimes it gets stuck on to things, and then a gust of wind helps it resume its journey. Does it keep track of its journey, or does it just enjoy the ride?

    I read a piece by Fred Wilson recently, which talked about failure, and making mistakes, and learning from them. It led me to thinking about the words and their connotations. Both the words signify an end result that didn’t turn out the way it was supposed to. It made me realise that these days I have to figure out destinations before i start. And I’m not talking about trips or vacations, its about daily life. There are expectations set – about how the week should go, how the work should be, how the weekend should be, how the movie should be, what i should write, how it should turn out, and so on. The expectations are about people too. When it doesn’t happen the way I want it, there is a disappointment.Β  This might sound obvious, but I don’t know how conscious each of us are about our dependency on the plans we make, the expectations from life and what we do, our version of ‘what should be’.

    And as this happens day after day, the habit and the conditioning gets stronger, till we don’t even pause to think where this is all leading to. I realise that the more the conditioning is allowed to settle, the more the pattern for the journeys will be set, and the more it will limit the journeys that can be had. So its not even about work or entertainment or even a way of life, it is about the way the mind has begun to function, the thought processes, the walls and the defense mechanisms thatΒ  increasingly seem to have a will of their own. Somewhere along the line, there’s also the concept of ‘hope’. Hoping for a better day, a better way of life, all within the structure that I have brought into being.

    What if I let go? One of Forrest’s lines go “I don’t know if we each have a destiny, or if we’re all just floatin’ around accidental-like on a breeze. But I, I think maybe it’s both.”

    Destiny, these days, raises a paradox for me. I could say “That is my destiny”, and work on something and perhaps achieve it. Success gives satisfaction and then I move on to the next objective. So its a bit like the destinations and the traps there. Or I could say “I’ll float and let destiny take its course”. But if I did that, can I be sure where I land and what I will be is my destiny? The best destiny possible for me. Heh? Ah there, control again. In either case, it seems a retrofit. Can i un-expect, not ‘control expectations’, just un-expect? Is that getting closer to objectivity?

    It is written. The post has to end. Did you expect it to end this way? Did I disappoint? πŸ™‚

    until next time, nishkama karma points πŸ™‚