What about the Success of Blackberry?
With the release of the new RIM/Blackberry tell-all Losing the Signal, the Canadian tech community is abuzz with chatter about the spectacular downfall of the local tech giant.
It seems that the former Research in Motion, now Blackberry, has been a local company that everyone loves to hate. Even when stocks were soaring and Blackberry devices were flying off shelves, the sentiment in the community was often negatively focused on how the giant was unfairly inflating salaries and poaching development talent from underdog start-ups. While the co-CEOs poured hundreds of millions of dollars into establishments like the Perimeter Institute, CiGi and University of Waterloo, we were more likely to read press reports of leadership mistakes or un-Canadian egos. As a nation of under-dogs, we were quick to criticize and view our homegrown success story as ‘the Man’.
And so this continues today, with an “I-told-you-so” attitude, as so many within our tech community reflect on the Blackberry situation and what they would have done differently if only someone had asked.
Enough already.
It would be really refreshing for someone to start talking about the success of Blackberry. Yes, we can certainly learn a lifetime’s worth of lessons through reflection on what caused the decline. But we really need to take a good look at what went right, and how the success of Blackberry has left the Waterloo Region and the Canadian economy much better off.
A group of Canadian innovators built a technology and created a market that changed the world and generated $Billions in economic impact. Wow.
More than 20,000 Canadians were employed at Research in Motion throughout it’s evolution, and are now armed with the experience of having been part of an incredibly successful global tech company. The value of these individuals to our economy is not dampened by the eventual decline of the business. The seeds of innovation and the appetite for big time success that these individuals now carry, is being sprinkled generously across every sector of the economy, and the impact will be profound.
So we should definitely congratulate all of the talented leaders who have been liberated by Blackberry and are now driving innovation and growth within local and global tech companies. But perhaps we should also send a note of thanks to the Research in Motion founders who were just brave and imperfect enough to build a billion dollar tech company in our own backyard.
Guest post by Kristina McDougall (@kmcdougall) of Artemis Canada