Sunday, October 10, 2021

The unlikely CEO beating Teams and Zoom at their own game

Jim Szafranski never really wanted to become a CEO; it was something that seemed to happen to him, rather than something he deliberately made happen. But as it turns out, he has a knack for it.

Szafranski took over at visual communications company Prezi roughly eighteen months ago to preside over a change of direction, replacing founder Peter Arvai. Previously, the firm had specialized in design and presentation software, but has now turned its attention to video presentations.

Prezi had already begun to lay the foundations for this shift before the pandemic, but remote working saw demand skyrocket for a service that could help people create and deliver professional virtual presentations. The company put its foot on the gas and Prezi Video is now its flagship product.

As one of the main architects of the Prezi Video project, and as someone who had worked with the video conferencing titans (such as Microsoft and Google) in a previous life, Szafranski found himself next in line for the throne.

The right person for the job

Although he has now acclimatized to the level and breadth of responsibility that falls on the shoulders of a chief executive, Szafranski told TechRadar Pro he sometimes found himself doubting his suitability for the role.

While he had always been a student of both business and technology, and had racked up many years of experience at an executive level, he was to some extent blindsided by the opportunity when it presented itself.

“I love to learn, so I always tried to put myself in a position where I could learn from my environment and the people around me. And I kind of let the growth take care of itself,” he explained.

“But when I joined Prezi, the plan wasn’t that I would someday take over from Peter [Arvai] - that wasn’t even a discussion. The focus was on scaling the business and building out functions like sales and marketing.”

After some consideration, Szafranski agreed to take on the post, giving himself and Arvai three months to put the necessary measures in place. The best piece of advice Szafranski received during this time, he says, was simply to be himself, and not to emulate the archetypal CEO of the movies.

“Obviously, the board of directors and previous CEO thought about this carefully and chose to elect me for the role. This advice was an important reminder to approach situations in the same way I have always done; to do what felt natural.”

Mercifully, stepping into the CEO role at Prezi has not required Szafranski to tear it all up and start again, because he had inherited the foundations of a healthy business. His task is only to steer in a slightly different direction.

Virtual presentations, but different

Szafranski is often quizzed about what makes Prezi Video different from regular virtual presentation services. With words alone, this question can be a little difficult to answer, but the difference becomes immediately apparent when you see the product in action.

Prezi Video sits like a veneer on top of video conferencing services (Zoom, Teams, Meet etc.), adding a layer of gloss and interactivity that makes presentations much more attractive to the eye.

Unlike with traditional screen-sharing, which conceals the presenter’s video feed, users can bring content onto the screen alongside them in the style of a news anchor. In turn, the presenter is able to see more of the other attendees, which is supposed to help them read the room in the same way they might in-person.

Prezi Video also allows users to interact with on-screen content in real-time, which makes presentations feel slick and polished. There’s no more “next slide, please”; the presenter becomes more like a conductor.

According to Szafranksi, these attributes go a long way to solving the various issues employees have encountered since the transition to remote working, from video conferencing fatigue to a feeling of disconnect with coworkers.

“Ultimately, Prezi Video is about creating a greater level of engagement,” he told us. “People are talking a lot about Zoom fatigue at the moment, but will still log off in the evening to watch a couple of hours of Netflix. Prezi brings TV-like engagement into your business.”

Prezi

Prezi video in action. (Image credit: Prezi)

Szafranski also sees products like Prezi Video playing a fundamental role as businesses emerge from the pandemic, by creating a stronger feeling of connection between meeting attendees spread across multiple locations. 

“The office was the great productivity hack, because it forced everyone into the same space at the same time. But we’re not going back to that,” he said.

“What has permanently changed is that there will be somebody outside the room at all times, and we’re all going to have to figure out how to hold effective meetings under these conditions.”

Further down the line, Szafranksi envisions Prezi moving into areas like virtual reality, which could open up a new realm of opportunity for interactivity, as well as bringing everyone into the same arena once again.

Looking to the future

As the world climbs out from underneath the pandemic, which brought about a period of extreme and unexpected growth for Prezi, Szafranski is thinking closely about how he can carry momentum forward.

His first step, he explained, has been to surround himself with an executive team capable of putting his vision into action. For example, his new CTO is an expert in content ingestion, having cut his teeth at image library Shutterstock, and Szafranski recently brought onboard a new SVP for Product Management to explore opportunities in immersive video and 3D.

These appointments were designed to prepare the company for a shift in gear. In addition to targeting SMBs and design departments, Szafranski says the goal is now to take Prezi organization-wide at some of the largest companies on the planet.

However, an important question hangs over these ambitions: why don’t the video conferencing giants, with all their money and resources, go out and develop identical functionality? The early warning signs are there; Microsoft recently rolled out a new reporter mode for Teams that allows users to appear in front of shared content.

But Szafranksi says copying Prezi is far more difficult than it might seem. He describes the company’s intellectual property as much more like a game engine (such as Unity) than a piece of software.

“What Prezi does that’s special is serve up content in very spacial ways, which creates much more interactive and layered experiences. And these qualities are certainly not trivial to recreate.”

The alternative for the video conferencing giants, of course, would be an acquisition. Asked whether he thought Microsoft or Zoom might swoop in for Prezi, Szafranski played it cool. It would be his responsibility to field all such offers, he told us, but for now his efforts are focused wholly on taking Prezi in the right direction.



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