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Besides that, we delivered a performance below our plan and could have done better as a team. Not that we didn’t work hard, in fact, we did, but we lost operational efficiency and became more complex, preventing us from putting our A-game out there. Unfortunately, in spite of all our hard work, our efforts weren’t enough to get us where we needed to be. We are also living in a moment of increased economic uncertainty, rising interest rates, geopolitical conflicts, and a global recession looming. The moment called for action, decisiveness, and focus. Rock has navigated uncertain moments like this before, and I’m sure this won’t be the last.
Great companies are resilient companies. They are defined by their ability to meet the moment and adapt fast. What changes? More than ever, it is time to be frugal, resourceful, and agile. It’s time to simplify— doing fewer things better. to our clients and business, becoming Algeria WhatsApp Number more scalable every day. Over the last few years, we started to move more slowly, and we lost some of our startup frugality. With these changes, we are becoming a simpler, more focused organization with fewer products, departments, and organizational layers. We have a clear plan to accelerate the sunset of non-core products & projects while focusing on two business priorities: I) accelerating our global self-service and product-led growth model, and II) doubling down on delivering success and growing our enterprise clients.
Our team size, structure, and composition now reflect these priorities. These adjustments will enable us to achieve our profitability goals, becoming less dependent on external market conditions and external capital to exert more control over our destiny. Your role in this journey I understand that the current downturn has caused plenty of anxiety among our team and the tech industry as a whole. I wanted to thank each Rocker for your endurance and for always believing in Rock and our mission, which remains as important as always. By embracing change and working together as a team, we will continue building an enduring company. You stayed for a reason, to help us fulfill this mission as a team.
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