2009 Feb 4 Mebj

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Management, Ethics & the Business of Journalism

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2009 Feb 4 Mebj

  1. 1. Management, Ethics & the Business of Journalism Decision Making February 4th
  2. 2. Today’s class <ul><li>The future of media: Follow up last week’s discussions </li></ul><ul><li>Your essays </li></ul><ul><li>Decision making </li></ul><ul><li>Rick Starks discussion </li></ul><ul><li>Case Study Analysis Tools </li></ul>
  3. 3. Your Essays <ul><li>Lots of opinions </li></ul><ul><li>More facts </li></ul><ul><li>Use the articles </li></ul><ul><li>Avoid first person </li></ul><ul><li>Be strategic </li></ul><ul><li>Be analytical </li></ul><ul><li>Think like a manager, not a journalist </li></ul>
  4. 4. The future – Our Thoughts <ul><li>What does media have to do to change? * Shorter articles * Niche content * Deep/not broad * Hyperlocal * More analysis * Web first, print later * Search engine integration: Google/Yahoo </li></ul><ul><li>Newleadership: </li></ul><ul><ul><li>Younger </li></ul></ul><ul><ul><li>New Skills </li></ul></ul><ul><ul><li>Blow up old corporate </li></ul></ul><ul><li>Reporters as bloggers </li></ul><ul><li>Engage readers more: user generated content; reader comments; </li></ul><ul><li>More video, audio, pictures </li></ul>
  5. 5. Back to the future? <ul><li>Is this deja vu all over again? </li></ul><ul><li>1980: CNN aiming to kill the networks: ABC/CBS/NBC </li></ul><ul><li>1982 - USA Today – “the television model for newspapers”/more color/shorter stories </li></ul>
  6. 6. Rick Starks <ul><li>Joined American Consolidated Media in November 1999 as Executive Vice President and was promoted to Executive Vice President, Chief Operating Officer in August 2007. </li></ul><ul><li>As Executive Vice President/COO supervised management and staff for all newspaper operations at American Consolidated Media as well as for the information technology and web development functions at the Company. </li></ul><ul><li>In addition to having all newspaper operations reporting directly to him, Starks was responsible for ongoing ACM activities including sales and marketing initiatives, new product development, capital expenditures and plant upgrades, circulation and distribution networks, implementing synergies across operating clusters and general news content. </li></ul>
  7. 7. Decision Making <ul><li>Define the critical steps </li></ul><ul><li>What are the constraints </li></ul><ul><li>How does a cost-benefit analysis work? </li></ul><ul><ul><li>Hire a new reporter </li></ul></ul><ul><ul><li>Create a news website </li></ul></ul><ul><ul><li>Purchase digital cameras for all reporters </li></ul></ul>

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