CONTEXT
I'd have to disagree with Andy Grove's assessment of Context. [Letters to the
Editor, Spring 1998] I don't think you can "overanalyze" something as critical
as technology. When I think of overanalyzed, I think of professional sports.
Though I've only had the opportunity to overanalyze one copy of Context, I found
it without peer in presenting technological issues in a thought-provoking, intelligent
manner.
Stay the course.
Ron Knight
Internet Marketing Manager
Allegro Music
LAST WORD
I found the Year 2000 discussion between Edward Yardeni and David Starr [Last Word,
Spring 1998] to be quite interesting. It's especially interesting that Mr. Starrthe
optimistthinks the Year 2000 bug will have minimal effects but still says the
government could "crash and burn." Apparently, he thinks that the government can
"crash and burn" and no one will notice.
Ami Wright
The year 2000 bug is just one of many such problems. These kinds of transitions happen all
the timepeople design systems with assumptions that don't scale beyond their limited
experience.
What's interesting to me is that the Y2K problem is given such a magical significance,
compared with all the other such problems that are past and present. Perhaps because
underneath all of our psyches lurks a religious layer that expects a Doomsday.
What about the area-codes three digits with a middle one or zero problem? What about
zip code splitting?
Recently, the U.S. Post Office has seen fit to adjust a number of zip code prefixes
(many 021xx's, become 024xx's for example) because they have established a new sorting
office. The many systems that handle and validate zip codes around the country were not
built with the assumption that a location could change zip codes. So, many computer
systems reject the new code and "correct" addresses back to the old ones
automatically! We'll make it across that transition, despite its cost and scale and
propensity for mischief.
However, all of these transitions cost a lot of money, and were/are embedded in systems
managed by unrelated organizations. Errors during the transitions were/are common, and
some failures even caused injury, harm, and lost money and lives.
Why is the millennium so special?
David Reed
THE BRAND MAN
I have just reread the article on Cendant [The Brand Man, Summer 1998], in which its
chief executive, Henry Silverman, "readily admits that he comes from an era of
hand-held calculators, green-lined accounting ledgers, and sharp pencils." Since this
piece was published, Cendant's stock has tumbled over serious accusations of
"accounting irregularities." The same Context issue, both prophetically and
ironically, contained an article by David Reed declaring how the accounting world has not
kept pace with the technology world.
While all of us sing the praises, and race to the opportunities of, the digital world,
we should pause for at least a nanosecond to remember that no one can escape the essential
need to respect, and treat with integrity, business rulesdigital or not, outdated or
not.
Paul Carroll, editor in chief of Context, expressed hesitancy about the
publishing of the Cendant article, because problems were emerging as his publication date
neared. He should harbor no regrets.
The Cendant story holds many lessons, even more so in light of recent news.
Mark L. Gordon
Partner
Gordon & Glickson
THE DIGITAL CIVILIZATION
I think Nicholas Negroponte's observations [The Digital Civilization, Summer 1998] were
right on. Electronic travel agents will eventually reconfigure their product based on the
consumers' needs and reintermediate themselves.
However, I believe the ultimate competitive advantage on the Internet will be created
through brokering relationships between consumers. Facilitating the development of
communities of similar people can create powerful, long-term relationships that are nearly
impossible for competitors to replicate.
I can see the potential of collaborative filtering technology to create communities so
tightly woven that consumers buy from you, not only because of the relationship you
establish with them as a corporate entity, but also because of the relationships they
create with other consumers in the communities you help them build.
"I go to this travel agent," a customer might say, "because I can
communicate with someone like me who was looking for a similar vacation experience and
found it!"
Michael Pusateri
Vice President,
Interactive Marketing
Marriott International
KILLER APPS
Following the design principles in Unleashing the Killer App: Digital Strategies for
Market Dominance [Book Excerpt, Summer 1998] is easier said than done in a big
organization. Chief executives are not willing to pay the "transition cost" of
change and wait for a longer-term pay-out. Still, the effort must be made by those who
believe in the digital age.
Dennis Wong
Managing Director
McCann-Erickson
Venture Group
UNEXPECTED CONSEQUENCES
"Unexpected Consequences" [Technosynthesis, Spring 1998] resonated with me at
CompuCom Systems. We in the personal computer network integration business are facing
unprecedented challenges. Our suppliers are starting to sell directly to customers. Our
customers are demanding lower prices with more services. And average selling prices are
tumbling. So thinking outside the box is necessary.
Your article stiffened our resolve for bold changes. We have continued to
"outsource" order entry, by having our clients do much of it via the Web. We
have cannibalized our base business by helping our vendors deal with our customers
directly. And we have opened a warehouse/configuration center at the head manufacturing
facility of Compaq, our largest supplier. Our bet is that as we reduce our suppliers'
costs, they will cannibalize our competition, not us. Our suppliers will, in fact,
outsource tasks to us, reigniting our growth.
Thanks for the "context" to make a tough set of decisions.
Ed Anderson
Chief Executive
CompuCom Systems
My company, Universal Learning Technology, brings together academic communities of
interest with content from traditional textbook publishers. I agree that "the value
of information increases the more it is used." Traditional textbook publishers do not
recognize this dynamic yet, and seem sometimes obsessed with "protecting their
intellectual property." This is also sometimes true of instructors. But there are
indicators that this is about to change on a large scale.
The examples of companies, markets, and industries that are beginning to understand the
transformation we are going through validates everything we here at ULT are doing. It
would be really interesting to see if giving away the content validates your observation.
Patrick Laughran
Chief Technology Officer
Universal Learning Technology