Tag Archives: Business and Economy

Keeping It Real

Back in 2015, an engineer at Twitter asked his security team to look into fake accounts. He said he was stunned to find that a significant percentage of the total accounts created on Twitter had Russian and Ukrainian IP addresses and he also found that they were, for the most part, fake. They were “bots”.

Photo by Alex Knight on Unsplash

No, today isn’t a political rant about how our Democracy might just have been hijacked by a foreign power. Rather, what happened next, as told in this piece by Bloomberg, is instructive to any of us in business because it raises a few issues that are common to us all.

The engineer was part of the security team. That team was tasked with keeping the platform secure. He took his findings to another team – the growth team – which had the responsibility for increasing the user base. That user base number is critical for every business since how the business is valued is based in part on how many users (we can’t really say people in this case, can we?) are active. Discovering that a significant percentage of the user base was fake could have a negative effect on the business’ balance sheet, and in this, we begin to see the problem.

There is a misalignment of goals. If part of security is keeping the platform free from spambots, the people responsible for deleting the spambots can’t have any goals which make deleting those bots counterproductive. In this case, the engineer was told to “stay in his lane”. In other words, pay no attention to the man behind the curtain – the reality of our user numbers – it’s not your job.

No organization should have these kinds of silos. No organization can base its public statements about growth and user engagement on numbers it knows are fake. It’s one thing for users to inflate their follower numbers by buying fake followers but it’s quite another for Twitter itself to be aware of these non-human accounts and to do nothing about them because they want to keep their user numbers up.

I don’t mean to single out Twitter. The same issue persists on Facebook and other social platforms and it’s way more insidious than research can find. There is a term – dark social – that refers to sharing activity among the network’s members that isn’t easily measured. Let’s say a fake account spreads a lie and maybe even buys an ad to do so. We can see how many impressions the ad had or how many followers the fake account has. What we can’t easily see is the network effect. I see the post and am outraged about it. I tell five friends, who tell five of their friends, etc., particularly when it’s shared off the network itself via email or text.

I am fairly certain that each of these networks could identify and stop this activity despite what you might have seen in Congress last week. Those were the lawyers testifying, not the engineers. The point for your business is to keep everyone’s goals in alignment, don’t build silos, and to be honest with yourself and with your investors. These are public companies who might just be committing fraud, but every company has the same responsibility for honesty and transparency.  You with me?

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Filed under digital media, Huh?, Thinking Aloud

Are We In An Information Death Spiral?

Sometimes I wonder if we’re in an informational death spiral. That’s when an aircraft is out of control, loses lift, and heads in a corkscrew motion toward the ground. My pilot friends say they usually begin with a random, increasing roll and airspeed. That’s where I think we all just might be with respect to information. We’ve had a random, increasing rolling of what “real” information is and the speed at which it is generated is increasing.

Photo by Tim Mossholder on Unsplash

Why this matters to you, both in business and in life, is that it’s becoming increasingly impossible to tell fact from fiction. The revelation that the Russian government created thousands of fake accounts across the social sphere to generate and amplify “news” items that were made up out of whole cloth is devastating to anyone who tries to figure out fact from fiction. That devastation is multiplied by the findings of this year’s Pew study which found:

Two-thirds of Americans (66%) use Facebook, and a majority of those users get news on the site, similar to 2016. Looked at as a portion of all U.S. adults, this translates into just under half (45%) of Americans getting news on Facebook. While a large share of its users get news on [Twitter} (74% say they do), its audience is significantly smaller overall. This means that overall, fewer Americans get news on Twitter (11% of U.S. adults).

In other words, we’re increasingly relying on the least reliable sources for news and information. Imagine if you were doing this in your business. Rather than looking at actual revenues, you based your appraisal of how things were going on how full your warehouse seemed or how busy your staff was. Sure, a warehouse that’s becoming empty can signal great sales but it can also signal an issue with your supply chain or with your accounting department who hasn’t been paying suppliers. Maybe it’s a collections issue. You don’t know until you get the real facts.

Being able to separate fact from fiction is the basis of being an educated, competent person. When others are out there trying as hard as they can to mask facts or to impose fiction, that job is thrown into a death spiral. When Facebook changed from being a place when you could focus on friends and family to a platform for news and information, the spiral began. When their algorithm began to reward the click bait that was able to deceive enough people by being outrageous, our collective noses headed toward the ground.

Don’t be fooled by fake news, either in the office or out of it. Find the facts, level off your wings, and fly on.

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Filed under digital media, Reality checks, Thinking Aloud

Does Your Business Serve Pu-Pu Platters?

This Foodie Friday, I’m inspired by the memory of a long-closed (by the Health Department as it turns out) restaurant called South Seas. It served very large “exotic” drinks – Zombies, Scorpion Bowls, the full range of tiki bar delights – and the first pu-pu platter I’d ever encountered.

My high school friends and I would often meet up at South Seas to gather in front of a glowing pu-pu platter. The center was a grill, fueled by Sterno I think, on which we could cook something from the mound of delights surrounding it. Of course, everything had been fried and I was never quite sure why one would want to further cook an egg roll, but it was very foreign and wonderful. Of course, since they would serve both the food and the drinks to anyone (the drinking age was 18 but our 18th birthdays were a few years away – sorry Mom), I might be misrecalling how good the food was, but I really loved it.

It’s the pu-pu platter that triggered the business thought. While most of us had after-school or weekend jobs of some sort, none of us really had a ton of disposable income for food. The Pu-pu platter solved that problem by being a cost-effective alternative to having to order several different plates. We could graze as we saw fit without having to commit to one dish. As I think about it now, many other types of cuisine offer their version of a pu-pu plater: the mixed antipasto (hot or cold) most Italian places serve, the popularity of tapas places  (you’re sort of constructing your own pu-pu platter as your order many different little plates), heck, even the canape platters they pass around a cocktail parties are pu-pu platters in my mind. And I think there’s something your business can take away from that.

The pu-pu platter or antipasto plate lets the customer sample multiple facets of your kitchen. It lets them understand the quality and variety of what you offer without their having to make a major commitment. That’s not a bad idea for any business. Free consultations and low- or no-cost trial periods are one way to deliver this. Offering a little bit of everything, much like a country store does, might be another. I hasten to add that anything you do offer needs to be of the same high-quality as your main product or service offerings.

When I see a pu-pu platter on a menu these days, I’m still tempted to order one so I can have a little taste of everything. Keeping a pu-pu platter mindset might just be a way to grow your business, don’t you think?

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Filed under Consulting, food, Growing up