—and
Fueled the Unparalleled Prosperity of the 90's. From
"Sneaker Net" to Early Windows—Microsoft Made us Heroes—Then Bogged Down Trying Own the World
Let me cite a single example.
Remember the "sneaker net" of the late 80s? We did
proposals on our DOS-based computers on monochrome monitors and
plain-Jane fonts—no color. We carried around disks from
workstation to workstation (thus the name "sneaker net").
We sometimes spent hours editing a version of the proposal only to
find out that this section had been deleted from the proposal
several
versions
ago. The current version was back somewhere on Sally’s desk.
Va-room! Technology Enabled Our Business to Move
at the Speed of Light!
Our proposals were brilliant in text, but only the large
companies could afford to print the dazzlingly formatted and printed
proposals that got them moved to the top of the prospect’s inbox.
Suddenly we came into possession of technology to beat the most
sophisticated competition—and we did just that. It was like the
caveman discovering the wheel and fire all at the same time. There
emerged a stable version of Windows from Microsoft. It had color and
a wide variety of creative fonts. You could format your proposal in
a startlingly beautiful style that put us on a level playing field
with the largest company. There was a wide array of clip art
resources that made us look like Madison Avenue. Our Hewlett Packard
Printer, whom we named Gutenberg, would often print copies of our
proposals—with charts, graphs, and photos—for 24 to 48 hours at
a time without jamming!
Companies are Not Buying Current
Technology--We're Waiting for Something that Adds Value
We were excited about what they’d think of next! Technical
people tried to convince me—and I tried to convince myself—that
the new iterations of workstations, printers, networks, and email
(which by now was fundamental to our business) were getting better
and should be purchased. We bought the latest and the greatest. We’re
not buying now. Not one new version has anything that enables us to
distinguish ourselves as a business. Chipmakers like AMD have done
their job, developing faster and faster computing power. Operating
systems and software are stalled.
Printers are now throwaway items that jam most days. HP has
cheerfully sent us two new 990Cxi printers when they failed within
months, but how much did that cost them and how much time did it
cost us? And what did that do to our HP loyalty—which we had thought
was unshakeable?
Hurray for a Time to Dig in and Build!
And this is just one of countless examples. I’ll bet you can
think of a dozen or more off the top of your head.
Nobody welcomes a downturn. We call it "an unwelcome
opportunity." It was inevitable, and also predictable. Most
experts believe at the core is the speculation on the stock market.
We believe it’s our collective failure to offer goods and services
consumers (both organizations and individuals) will feel compelled
to buy at a price they can afford. In order to move forward, there
must be a "bull market" of innovations that improve
productivity. It’s time to rethink progress.