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Topics Covered
- The nature of the challenge
- Company information: Slack
- Action taken
- The outcome
- Learning
Links
Categories:
External Links
- Harvard Business Review: How Competitive Forces Shape Strategy
- The Age of Unicorns
- Slack's Shares Plunge After It Predicts a Larger Loss
- Slack Stock Has Plunged 33%. Here's What Happened
- How Slack Became The Fastest-Growing Enterprise Software Ever
- Strategic Moves to Build a Competitive Advantage
- Slack continues to sink as analysts worry Microsoft will kill it
- Slack Technologies Success Story
- Slack isn't worried about Microsoft's big Teams push
- Slack faces growing challenge from Microsoft
- Slack CEO Stewart Butterfield says that Microsoft has been 'surprisingly unsportsmanlike' as a competitor
Talk Citation
Soltanifar, M. (2021, March 30). Slack: communicating in the workplace [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved November 23, 2024, from https://doi.org/10.69645/EWVG9256.Export Citation (RIS)
Publication History
Transcript
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0:00
Hello, my name is Mariusz Soltanifar and I am a researcher in the area of
corporate entrepreneurship and marketing lecturer at
Hanze International Business School in Groningen, the Netherlands.
Today, I'm going to be talking about workplace communication and how it is changing
with new ways of communication channels
while focusing on Slack application as an example.
We are going to learn more about the different companies offering
workplace communication and how startups need to compete with tech giants like Microsoft.
0:35
Let us first have a look at the overview of what I've prepared for today.
This case discusses what type of communication channel
Slack is and why the company experience such a fast grow.
Furthermore, it will be compared to
other workplace communication channels offered by
companies like Microsoft, Facebook and Google.
First, the nature of challenge is highlighted.
Second, the company itself is presented.
Third the explanation of what has been done so action taken is discussed.
Four, the outcome is reviewed.
At the end, I will be presenting the learning from this case.
1:14
Let me highlight the nature of the challenge Slack faced first.
After downloading the application can be used with the mobile phone or computer.
Slack has been created for business to
business communication with the main goal to
save time and therefore increase productivity.
The software which Slack runs on,
could play a central role in the digital business of tomorrow.
For instance, group messaging app based around teams of
workers or subjects of common interest, insights and organization.
The application replaces email chains among workers and reduces the need for meetings.
In 2018, Slack was worth seven billion dollars.
While talking about the challenge,
it is important to say that Slack went through an incredible grow and
became popular for company use worldwide due to all of the integration added.
Last least Slack was listed on the New York Stock Exchange since June 2019.