Category Archives: Business

Doom-doom-doomers

I address my message today to the Terrifying Triplets, the authors of present day doom and gloom – not only in their respective superpowers but worldwide. I am not referring to the pandemic. I give the Triplets the benefit of doubt on that one. I am talking about the games they play with people’s lives.

Hey, doom-doom-doomers, please put some ice in your hats and cool it. Let’s not get crazy – or rather, let’s not get any more crazy.

To summarise the mess that the doomers have made so far:

Trump, America’s Darth Vader, managed to slice his country in two with his laser beam of alternative facts and bullying. While he was at it, he sliced a big chunk off the base of Western democracy and made us question its survival; trust and human decency were suddenly in short supply. Now he is trying to claw his way back into the presidential game.

In the meantime, Xi Jinping has been busy doggedly enacting Orwell’s 1984. After perfecting his mind control- surveillance- social engineering strategy on his test site, the Uighurs, he has been slowly rolling out the concept to all of China and is now ready for worldwide expansion.

It is understandable that Putin has felt a little bit left out. No to mention the fact that others have been picking on him. The Ukraine mess is not of Putin’s making alone. This may partially explain why he has gone into full Peter the Great mode. Traditional war is so old and out, but you use what you have, when trolling and cyberattacks alone won’t do the trick.

Seriously doomers, why are you wasting your energy on bullying, trolling and outright war, whether physical or virtual.

Any strategy adviser worth her or his salt would tell you that you should tend to your existing portfolios and turn around present businesses, not spread your efforts to markets, where establishing yourself will cost you dearly, only to result in failure.

While you are at it, beware of halving your portfolio as Trump did.

The first thing a strategist learns is that you need to understand the market. Is it worth the effort? Then you look at the business. What is key to market success: the people, the IPR:s, the technology (be it software or hardware), or other immaterial or physical assets? Can you hold on to those assets? Can you add value to the business? Can you scale the business? What about the culture? What obstacles will you face upon integration? Is it all worth the price you will have to pay?

As I am not that familiar with the ins and outs of other countries, I will take Finland as an example. Finland is very much a people business. The country has survived mostly on brains and Finnish ‘sisu’. The latter translates into strength of will, determination, perseverance and acting rationally in the face of adversity.

The market is small and the business is not scalable.

A hostile takeover would not end well in this case example. Even niceoldladies would turn nasty overnight. The end result would compare to the acquisition of a thriving consultancy business at a high price, only to find that the consultants you paid so much for are now fully committed to undermining your business efforts any which way they can.

Not-so-dear doomers, you should be focusing on sustainable organic growth rather than costly growth by acquisition. You should be cleaning up your political closets, tending to the needs of your people and addressing the crucial question of climate change.

As you, my readers, have noted by now, this is not a blog about the video game Doom. Some of you may even have noticed that I am paraphrasing Finland’s Prime Minister Sanna Marin in my headline.

Pre-Omicron, Ms. Marin and her husband were caught clubbing with friends and acquaintances. Contrary to British Prime Minister Boris Johnson’s partying that is presently making the headlines, Marin’s clubbing was – at the time – fully in line with the COVID restrictions placed on Finns in general, albeit not fully in line with the added restrictions placed on cabinet ministers. Hence Marin’s political opponents and the media had a field day criticising her and dubbing her ‘the party princess’.

Normally the clubbing incident would be history by now. However, Marin unwittingly made it unforgettable at one sweep, when she tried to put a stop to the discussion on Instagram. The text of her post read: “Hey, boom-boom-boomer, put ice in your hat and cool it.” Needless to say, the post was not well-received by Finnish boomers.

Despite being a boomer myself, I was fine with the not-too-wild-at-all clubbing, but the Instagram post made me question Marin’s political acumen. The incident, once again, proved that prime ministers should not personally tweet or post on Instagram.

Not that Mr. Johnson did any better, when he tried to brush off the matter of the Downing Street party that broke the COVID lockdown rules by stating: “Nobody told me that what we were doing was against the rules.” Seriously man, is that really the story you want to go with? Who do you think is in charge of setting those rules?

Both PM:s were clearly off their game during these incidents. But the thing that strikes me as worse is all the petty politicking and scandal-mongering that was – and still is -taking place around matters like this. Leaders have enough on their plate these days. Let’s keep our eye on the big issues.

You might think that this blog post is prompted by Russia’s present warmongering. You would be right and wrong. It is just part of the picture. The spreading of doom and gloom has been going on much longer. First we saw the tip of the iceberg, now the bulk of it is slowly coming into view.

The Terrifying Triplets are dinosaurs, who have lost themselves in dreams of past and future glory instead of addressing the everyday needs of their people.

Leaders with untenable strategies inevitably find themselves in a position they never sought: Sailing off alone towards the final sunset.

One can only hope that we don’t end up on the brink of extinction before these present day dinosaurs sail off and give the world a chance to do better.

Divine intervention

Years ago my four-year old son came home from his day care centre in a huff. Someone at the centre had taken on the daunting task of explaining God to four-year-olds. My son’s take on the matter was that God resided in heaven and heaven was somewhere in the clouds.

If the story of Amazon kicking Parler off Amazon Cloud had broken that day, my son would probably have seen it as divine intervention.

However, as that story was to unfold some 40 years later, my son’s mind was instead wrapped around the – in his mind totally impossible – idea that people searched for God. How could that be true, he questioned. There is no ladder tall enough to reach the clouds.

On a more serious note, when global mega-actors like Facebook, Twitter and Amazon finally restrict the results of their own actions – their enabling of the spreading of fake news, hate and violence – there is nothing divine about their intervention. They are just scrambling to safeguard their backs.

It’s like the call for non-violence that Trump finally made. Too little, too late, and guided purely by self-interest.

None of these people should have been given the power they have today: not Trump, not the decision makers of Facebook, Twitter and Amazon. I think we all see it clearly, but have no idea what to do about it.

Yet the problem needs to be addressed. There has to be a reasonable way to make sure that social media giants can’t act as gods of free – or censored – speech on their platforms without any real outside control. Owners come and go, platforms easily remain, whether benign – or not.

It’s not only about allowing calls for hate and violence on worldwide platforms. It’s just as much about the ability to suddenly turn the off-switch on a president, however misguided he may be. None of these decisions should be solely up to a few decision makers, whose primary loyalty is to their investors.

Since self-restriction is difficult, there has to be enough outside pressure to ensure that the fine line between free speech and criminal, systematic misguidance is drawn by institutions that have been set up for that purpose with due process.

No border safety measures and defence programs are more important than this. The ever-existing missile threat may prove to be a small problem compared to the threat posed by the potential to subtly and systematically spread disinformation to billions of people.

This has to become a priority for decision makers, however long their to-do lists already are.

Trump did teach us something valuable. The Former White House Chief of Staff John Kelly has the right of it: We need to look infinitely harder at who we elect, including examining the candidate’s character and ethics.

However, since this is easier said than done, we also need to look infinitely harder at how lying and bullying could become the presidential norm overnight.

My favourite newspaper, Helsingin Sanomat, published a remarkably thorough info package on the what, where, when and why of the Epiphany of Trump’s Presidency.

I am not referring to the Christian holiday Epiphany – although the dates do coincide. I am referring to the storming of the U.S. Capitol; the sudden manifestation of the essential nature of Trump’s presidency: Self-inflicted chaos.

One of Helsingin Sanomat’s excellent articles explained how the angry dissent that Trump built on has been steadily growing online since the early days of the web. What the article forgot to mention is that extremist groups become big much more easily, when they have access to big platforms with algorithms that speed up their growth.

Trump could write the manual on “How to lie and bully your way to the White House”, but he could not have succeeded in creating the chaos of today without Twitter and Facebook.

It’s time to move on and make sure that votes still matter, that good government still matters. We need international co-operation and legislation to ensure that reason prevails on and off social media in the future.

Note: My featured image is an excerpt from Angeles Santos’ painting “A World”. Since the painting is from 1929, it’s safe to say that is was never meant as a commentary on Trump or social media. But somehow it fits our world today. Sadly, my camera never caught the whole painting.

App attack

I am under attack. My life has been taken over by apps. Whether I am entering my home, calling an elevator, banking, buying, or using products and services; everything is “conveniently” handled through apps.

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Liking as a way of life

These days everybody wants to “hear from me”. They are eager to empower me. They want to know what I like and dislike. Suddenly empowering others has become the easiest way to avoid responsibility and accountability in your chosen profession. Continue reading

Say dog

Welcome to the nastyoldlady blog. For quality purposes your viewing may be monitored and recorded. Your privacy is important to me. To hear my privacy policy, press 1. For other languages, press 2. Due to higher than normal reader volume, the wait time for this blog may be longer than expected. Continue reading

Freezers and royal escapism

A 19-year-old woman was found dead in a walk-in hotel freezer in Chicago some time ago. The incident caught fire on social media, and was widely covered by the more traditional media too.

I mention this only to illustrate what catches our attention these days. Continue reading

No free sailing?

I’m not free, you’re not free, the Internet isn’t free, lunches aren’t free, and all that free software out there is definitely not free either. You may wish to argue with me. Feel free. But that’s what it is – a feeling. Continue reading

A Dunbar moment

You have probably heard of Dunbar’s number. It’s all about the size of our brain and our relationship groups. To be exact, it’s about the size of our neocortex relative to the rest of our brain. Continue reading

Falling apart; Jared and I

To be honest, the only thing Jared – yes, I mean Ivanka’s Jared – and I have in common is real estate. Deals and buildings are falling apart around us.

Jared has had his well-publicised problems with 666 Fifth Avenue, or Continue reading

Flying, torture on wings

There was a time when flying was rare. When flying customers were treated as valued guests. When getting through the airport was a breeze.

Today it is all about going after our last dollar, euro, or whatever currency prevails. Making us so uncomfortable that we will pay anything to have some peace and quiet. Continue reading