The total operating expenses of the company are around 49 percent which raises many questions on its sustainability. Even though the company is valued at around $17 billion, the biggest issue the company faces is the costs. ![]() That being said, the financial aspect of this startup raises the eyebrows of everyone interested in it. It takes the work culture from mainstream atmosphere to something unconventional and exciting. Slack is also a little less ideal for major decision making discussions and large scale collaborations. Though it serves as an efficient chat room for organizations, yet it may be difficult for a non-tech-savvy, to get a feel of its working environment at first. Coordinating through Slack also keeps things out of emails and Google Docs, which can help boost productivity.īut, as every coin has two faces, Slack has some cons too. The flexible working environment, the ease of conversation and the assurance of data security all contribute in making Slack a perfect platform for organizational management. Slack has gained huge popularity in the organizing world in the last few years. Thus, the major challenge before Slack is to organize a huge amount of data and a large number of people within an organization, without compromising data security and accessibility. Its mission, even today is to promote efficient teamwork by connecting departments, offices, and countries. The platform started with a vision to make work happen! It aimed to give a team the power and alignment it needs to do the best work, regardless of the organization’s size. They saw it as a tool to manage their data without any hassle and this resulted in the app’s rapid growth. Thus, more and more companies signed up for Slack. Slack launched at a time when the hegemony of Microsoft and Windows was breaking down. It is a collaboration hub where teams, irrespective of their size, can work together to get things done. It is a chat room for a company, which replaces email as the primary method of communicating and sharing. The acronym Slack stands for ‘Searchable Log of All Conversation and Knowledge’. 6.5 What are the operating systems that are required to use Slack? What is Slack?
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