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I read a perfect parallel: real networks employees knew their product was shit. But making it not shit would wreck the company: As employees, we weren’t pr
by x0x0 12y ago
I read a perfect parallel: real networks employees knew their product was shit. But making it not shit would wreck the company:
As employees, we weren’t proud of our business tactics, and we griped about
them frequently. The topic came up at company meetings, round table
conversations with executives, and through a lot of water cooler
conversation over email, during lunch, and across the foosball table.
One day my manager showed me a horrible graph. It was pretty simple: the
graph was steady, then it dropped straight down, then after a short period,
the line shot straight back up and stayed level again:
“That’s what happens when we do the right thing”, he said while pointing at
the drop, “and that’s how much money we lose. We tried it just to see how
bad it was for our bottom line. And this is what the data tells us.”
“Wow,” I said, taken aback. My employer clearly had two options: “do the
right thing” or “be profitable”. That was the position they had maneuvered
themselves into through a series of bad management decisions.
My manager then said, “More than half the company would have to lose their
job in order for us to stop these tactics ... so are you volunteering to be
one of them?”
https://medium.com/launching-ux-launchpad/the-graph-that-changed-me-385ff833f9c8 https://medium.com/launching-ux-launchpad/the-graph-that-cha...
- wpietri 12y agoGreat find. Of course, it's not like doing the wrong thing worked out well for them either: http://www.nasdaq.com/symbol/rnwk/stock-chart?intraday=off&timeframe=10y&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=off&index=&drilldown=off http://www.nasdaq.com/symbol/rnwk/stock-chart?intraday=off&t... Now they're worth maybe 10% of what they were when that guy left Real Networks. The thing that kills me here is that they had more than two options. In the short term, sure, they're stuck. But in the long term, they could have either kept sucking or they could have worked to turn it around.