This document discusses how a 174-year-old publisher like The Economist can adapt to using social media platforms like Snapchat to reach younger audiences. It notes that social media is increasingly how people, especially millennials, get their news. While trust in news is low, millennials still turn to established media in times of crisis. The Economist has found that having a presence on both social media platforms and its own websites leads to greater reach and engagement. It believes that building trust through transparency about its purpose to have an intelligent discussion of world events can help it succeed on newer platforms.
The Email industry is in a constant state of flux, with new tools, trends, and challenges shaping email marketers' priorities. Learn about the five trends rippling through the industry and see how Litmus research—and the Litmus Email Creative Platform—can help you understand and tackle some of email's biggest challenges.
Listen In: How to Gain Insights from Conversations by Frank Cotignola of Mond...InsightInnovation
Social Media and search behavior has forever changed the way we gather and interpret consumer insights. Through detailed examples, you’ll discover how to use social media and search data to uncover important insights that you can use in new product development, category “white space” analysis, and other broad trends that impact the consumer marketplace. Using a mixture of “paid” and “unpaid” tools, you’ll learn how social media and search data can help you uncover valuable consumer insights.
After a week of promoting his infrastructure and budget proposals, President Trump’s approval rating stands at 39% among all Americans, one percentage point down from the previous week (40%).
The Email industry is in a constant state of flux, with new tools, trends, and challenges shaping email marketers' priorities. Learn about the five trends rippling through the industry and see how Litmus research—and the Litmus Email Creative Platform—can help you understand and tackle some of email's biggest challenges.
Listen In: How to Gain Insights from Conversations by Frank Cotignola of Mond...InsightInnovation
Social Media and search behavior has forever changed the way we gather and interpret consumer insights. Through detailed examples, you’ll discover how to use social media and search data to uncover important insights that you can use in new product development, category “white space” analysis, and other broad trends that impact the consumer marketplace. Using a mixture of “paid” and “unpaid” tools, you’ll learn how social media and search data can help you uncover valuable consumer insights.
After a week of promoting his infrastructure and budget proposals, President Trump’s approval rating stands at 39% among all Americans, one percentage point down from the previous week (40%).
Designing for Trust in an Uncertain World at An Event Apart SeattleMargot Bloomstein
We must empower our audiences to earn their trust—not the other way around—and our tactical choices in content and design can fuel empowerment. Margot will walk you through examples from retail, publishing, government, and other industries to detail what you can do to meet unprecedented problems in information consumption. Learn how voice, volume, and vulnerability can inform your design and content strategy to earn the trust of your users. We'll ask the tough questions: How do brands develop rapport when audiences let emotion cloud logic? Can you design around cultural predisposition to improve public safety? And how do voice and vulnerability go beyond buzzwords and into broader corporate strategy? Learn how these questions can drive design choices in organizations of any size and industry—and discover how your choices can empower users and rebuild our very sense of trust itself.
Presented by Margot Bloomstein, @mbloomstein, at An Event Apart Seattle, #aeasea on March 4, 2019.
7 Ways Generations Clash in the WorkplaceWorkfront
Three generations now occupy the workplace--Baby Boomers, Gen X-ers, and Millennials--and each brings its own strengths and weaknesses. But how does each generation view the others? What plusses and minuses is each known for? For our 2015 State of Enterprise Work Report, we set out to answers these questions. The answers might surprise you…
GRBN Trust and Personal Data Survey - Presentation - IIeX Amsterdam - Febru...Andrew Cannon
A presentation given at the IIeX event in Amsterdam highlighting the key findings from the global GRBN Trust and Personal Data Survey and the key learnings for the research sector
10% of Americans perceive crime as the number one issue facing America, a 4-point increase from the beginning of the year, while President Trump's approval rating remains steady.
Should I Pay or Should I Go? Game Theory and RansomwareTony Martin-Vegue
Slides from Tony Martin-Vegue's presentation at Security BSides, San Francisco: February 12, 2017.
"Should I Pay or Should I Go? Game Theory and Ransomware"
Ransomware infections are nasty and potentially devastating events that can cripple large companies and home computers alike. Ransomware comes in many varieties and works in different ways, but the basic scenario is the same: cybercriminals infect your computer with malicious software that blocks access to your system or important files until you pay the ransom. You have a finite amount of days to pay if you ever want to see your files again.
Should you pay? The answer is a little more nuanced than “never pay” or “always pay.” The decision is a complex scenario of incentives and payoffs that can be analyzed with game theory. Game theory is a branch of mathematics that models conflict and cooperation between parties and is used in many real-world scenarios, inside and outside the Information Security field, including machine learning, poker games, allocation of security resources, kidnappings and nuclear war.
This talk will use the familiar topic of ransomware to introduce participants to game theory concepts like rational decision-making, zero-sum games, incentives, utility and Nash Equilibrium – all important tools that can help solve security problems. By analyzing ransomware decision-making with a game theory mindset, participants will learn a new set of skills and a new way of incentive-driven thinking. Participants may be surprised to find that ransomware response isn’t black or white.
Use Positive Psychology to Enhance Your Social Media Presence - Lisa SansomSocialHRCamp
Positive Psychology is a field of study that is generating more attention as it relates to social media engagement.
What is positive psychology? What is the connection to social media? In this interactive session Lisa will lead the
audience through a process to understanding how to improve their use of social media, and ultimately the results it can generate for HR.
Edelman and The Marketing Institute of Ireland Social Media Survey 2016Edelman
This survey looks into attitudes and behaviours of Irish marketing professionals towards social media. It covers topics such as platform preference, use of paid distribution, social media influencers, crisis preparedness and measurement.
Given the global elite’s self-flagellation every year over declining trust in business and society, we have now reviewed all the global long-term trends on the subject from the 1960’s onwards, to look at the extent to which the media’s obsession with declining trust is actually valid, and how much it matters.
We find that trust in experts and science is actually rising in many countries, that “trust” on its own is pretty nebulous - heavily driven by things leaders cannot directly affect, and that it is most meaningful to look at “trust to do what” – in short, there is a problem, but it is not a new crisis, nor is it particularly acute.
Our panel:
Kelly Beaver – Managing Director, Social Research Institute, Ipsos MORI
Ben Page - Chief Executive, Ipsos MORI
Kenneth Cukier – Senior Editor, Economist
Alex Edmans – Professor of Finance, London Business School
Mark Easton – BBC Home Editor
Designing for Trust in an Uncertain World at An Event Apart SeattleMargot Bloomstein
We must empower our audiences to earn their trust—not the other way around—and our tactical choices in content and design can fuel empowerment. Margot will walk you through examples from retail, publishing, government, and other industries to detail what you can do to meet unprecedented problems in information consumption. Learn how voice, volume, and vulnerability can inform your design and content strategy to earn the trust of your users. We'll ask the tough questions: How do brands develop rapport when audiences let emotion cloud logic? Can you design around cultural predisposition to improve public safety? And how do voice and vulnerability go beyond buzzwords and into broader corporate strategy? Learn how these questions can drive design choices in organizations of any size and industry—and discover how your choices can empower users and rebuild our very sense of trust itself.
Presented by Margot Bloomstein, @mbloomstein, at An Event Apart Seattle, #aeasea on March 4, 2019.
7 Ways Generations Clash in the WorkplaceWorkfront
Three generations now occupy the workplace--Baby Boomers, Gen X-ers, and Millennials--and each brings its own strengths and weaknesses. But how does each generation view the others? What plusses and minuses is each known for? For our 2015 State of Enterprise Work Report, we set out to answers these questions. The answers might surprise you…
GRBN Trust and Personal Data Survey - Presentation - IIeX Amsterdam - Febru...Andrew Cannon
A presentation given at the IIeX event in Amsterdam highlighting the key findings from the global GRBN Trust and Personal Data Survey and the key learnings for the research sector
10% of Americans perceive crime as the number one issue facing America, a 4-point increase from the beginning of the year, while President Trump's approval rating remains steady.
Should I Pay or Should I Go? Game Theory and RansomwareTony Martin-Vegue
Slides from Tony Martin-Vegue's presentation at Security BSides, San Francisco: February 12, 2017.
"Should I Pay or Should I Go? Game Theory and Ransomware"
Ransomware infections are nasty and potentially devastating events that can cripple large companies and home computers alike. Ransomware comes in many varieties and works in different ways, but the basic scenario is the same: cybercriminals infect your computer with malicious software that blocks access to your system or important files until you pay the ransom. You have a finite amount of days to pay if you ever want to see your files again.
Should you pay? The answer is a little more nuanced than “never pay” or “always pay.” The decision is a complex scenario of incentives and payoffs that can be analyzed with game theory. Game theory is a branch of mathematics that models conflict and cooperation between parties and is used in many real-world scenarios, inside and outside the Information Security field, including machine learning, poker games, allocation of security resources, kidnappings and nuclear war.
This talk will use the familiar topic of ransomware to introduce participants to game theory concepts like rational decision-making, zero-sum games, incentives, utility and Nash Equilibrium – all important tools that can help solve security problems. By analyzing ransomware decision-making with a game theory mindset, participants will learn a new set of skills and a new way of incentive-driven thinking. Participants may be surprised to find that ransomware response isn’t black or white.
Use Positive Psychology to Enhance Your Social Media Presence - Lisa SansomSocialHRCamp
Positive Psychology is a field of study that is generating more attention as it relates to social media engagement.
What is positive psychology? What is the connection to social media? In this interactive session Lisa will lead the
audience through a process to understanding how to improve their use of social media, and ultimately the results it can generate for HR.
Edelman and The Marketing Institute of Ireland Social Media Survey 2016Edelman
This survey looks into attitudes and behaviours of Irish marketing professionals towards social media. It covers topics such as platform preference, use of paid distribution, social media influencers, crisis preparedness and measurement.
Given the global elite’s self-flagellation every year over declining trust in business and society, we have now reviewed all the global long-term trends on the subject from the 1960’s onwards, to look at the extent to which the media’s obsession with declining trust is actually valid, and how much it matters.
We find that trust in experts and science is actually rising in many countries, that “trust” on its own is pretty nebulous - heavily driven by things leaders cannot directly affect, and that it is most meaningful to look at “trust to do what” – in short, there is a problem, but it is not a new crisis, nor is it particularly acute.
Our panel:
Kelly Beaver – Managing Director, Social Research Institute, Ipsos MORI
Ben Page - Chief Executive, Ipsos MORI
Kenneth Cukier – Senior Editor, Economist
Alex Edmans – Professor of Finance, London Business School
Mark Easton – BBC Home Editor
2017 Social Media Strategy (Theoretical) for the children's charity, Lumos. Founded by Harry Potter author JK Rowling, Lumos seeks to rid the world of unsafe orphanages and children's institutions in underdeveloped nations.
PR disasters! Is social media the problem...or the solution?Bob Pickard
Just about everything that famously goes wrong is now called a 'PR disaster'. What can we do to deal with this new form of digital PR disruption? This presentation was delivered in Canada but includes global cases and international insights.
What role does PR have in addressing the charity trust shortfall? PR in the d...CharityComms
Karen Barker, researcher, nfpSynergy
Visit the CharityComms website to view slides from past events, see what events we have coming up and to check out what else we do: www.charitycomms.org.uk
The Narrative Project - Overview Deck July 2014James North
The overview of the Gates Foundation's Narrative Project, to work with UK NGOs to change the way they discuss development without changing any of the ways it's implemented.
We set out to answer these questions and ended up writing “Our Playbook for Digital Crisis Management 3.0.” Born out of our global experience preparing for and responding to brand and corporate crises, it’s now part of our global training program.
We wanted to understand how social media was fundamentally changing the way we approach crisis management. We wanted to marry established crisis practices with the most evolved thinking in social media marketing and social business practices. We also wanted to be highly practical – today’s experts need a suite of apps they can quickly access when a crisis threatens to break.
Making the news in 2017 - what does it take to thrive in a post-print world? ...CharityComms
Tim Harrison, director of tracking and research and Jonny Harper, researcher, nfpSynergy
Visit the CharityComms website to view slides from past events, see what events we have coming up and to check out what else we do: www.charitycomms.org.uk
Understanding public sector communications in a post-truth worldIpsos UK
How have political events and technology changed the way we communicate and receive messages? On 14 March 2018, a panel of experts gathered in London to debate the future of public sector communications in a post-truth world.
2018 Edelman Trust Barometer - i dati italiani sulla fiducia
Crollo di fiducia, fake news, il ruolo dei CEO: i temi dell’Edelman Trust Barometer di quest’anno hanno suscitato un notevole interesse anche in Italia.
Read more: http://edl.mn/2HZ0gto
Communication as a leadership skill is becoming more important than ever before. As we have seen in the case of Elon Musk, how CEOs signal their leadership on social media can make or break a company's reputation. Social is making PR a more critical corporate function, and now leadership communication by executives online is the key to public relations success for senior leaders.
New research - what exactly are charities trusted to do?nfpSynergy
Trust in charities is very volatile, and it can be hard to distinguish the effects that trust levels have on the sector - so we've started a programme to try and understand what exactly charities are trusted to do, and how they are trusted compared to other sectors.
Ipsos Global Business Influencers USA 2016Ipsos UK
22nd September 2016 - Ipsos launched the new Global Business Influencers Survey (GBI) USA 2016 in New York. The GBI survey is the world’s leading study, tracking the media, business, financial, luxury and travel habits of the most senior global business executives. It runs in 16 markets – from the US, to Europe, to Asia including China.
The presentation is an introduction to the survey and its heritage, sharing some of the results from both the GBI survey and the GBI Barometer 2016.
For more information, please contact James Torr.
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
3. Social media is increasingly the main
news source
http://reutersinstitute.politics.ox.ac.uk/sites/default/files/Digital-News-Report-2016.pdf
3
5
6
5
11
6
8
9
14
0
2
4
6
8
10
12
14
16
Germany UK France USA
%
2015
2016
You say you’ve used these sources of news in the last week, which would you say is your
MAIN source of news? Answer: Any Social
4. Trust is low and getting lower
http://reutersinstitute.politics.ox.ac.uk/sites/default/files/Digital-News-Report-2016.pdf
4
41 42
32
17
55
52
34
21
0
10
20
30
40
50
60
Germany UK USA Greece
%agree
Under 35s
Over 35s
Thinking about news in general, do you agree or disagree that ‘I think you
can trust most news most of the time’?
11. Build trust through clarity of purpose 11
75%
I am proud to be a customer of a
company that operates with a social
purpose
79%
I would prefer to purchase products from
a company that operates with a social
purpose
87%
It is sometimes hard to tell if a
company cares about a social cause
or is just trying to sell more
products/services
12. 12
Founded in 1843 to take part in:
“a severe contest between
intelligence, which presses forward,
and an unworthy, timid ignorance
obstructing our progress”
13. What does The Economist do?
13
1. A smart guide to the forces that shape the future
2. A trusted filter on world affairs
3. Advocacy for positive change
4. A global perspective
5. Quality that our readers are willing to pay for
So this is the raw materials we had to start with, back in 1843… The first ever issue of The Economist... Our ‘minimal viable product’ or beta I guess you’d say now...
Important to note the headline story is about trade deals between London and Brazil... Which wouldn’t seem that out of place now.
[CLICK]
And obviously we evolved that core product over the years, to develop into colour, into digital apps, etc... But the core product didn’t change. It’s still a weekly package, of the same content for broadly the same audience... Innovation was moving us forward, but was it enough.
Let’s take a step back now and think about the media world our audience lives in.
Indeed, the number of people relying on social media as their MAIN source of news is growing rapidly.
In Greece, this number is 27% - higher than print and TV combined!!
So why would you even bother being a publisher? Are publishers still adding any value to this equation?
But there’s a problem with this…
Trust in the news is low across Europe… and this is particularly the case with under-35s.
So what does this mean for publishers? Are we now no longer needed, replaced by the alogrithm of Facebook? And are millennials really not interested in ‘serious’ journalism?
Is this next generatino going to lose interest in premium publishing products?We commissioned some research into the millennial audience globally to find out. – you can find the research online, but we gathered a whole range of quanititate data, and then added in in-depth interviews with influential millennials all over the world
First thing that became clear is that millennials are seriously misunderstood.
There are extremely negative generalizations about them.
And of course, no demographic group should really be thrown together – there are huge variations within the demographic.
But the data shows that:They consume more new media online every day than many other demographics
They are more likely to comment on and engage with online news sources
They are extremely aware of the differences between various media sources, and the likelihood of hoaxes/scams etc.
How did you find out about the Charlie Hebdo attack?
All Gen-narrators first picked up on the story via social media. But they immediately went to traditional sources to confirm it was really happening, and to get the extra depth behind the story.
So established media still has a role to play in the new media landscape…. What does this mean for The Economist? How did we decide to tackle product innovation?
In fact, the election of Trump was a landmark for us.
Because ti was the first time our social platform presence was driving more engagement with our content off-domain than on domain.
55% of articles views came from off-platofrm
Traffic on Apple News was 7x what it normally is
But don’t think this means that our core product isn’t doing well.
Trumps inauguration was also our most successful day ever for new subscription starts (1,500) – 2.7x higher than normal and we grow our subscriptions by 21% according to ABC in JJ18
Th largest social media following
Every time there is a major event or controversy, our print or online editions seem to have a little boost.
So why would we bother innovating the product set at all?
Trust in the news is low across Europe… and this is particularly the case with under-35s.
So what does this mean for publishers? Are we now no longer needed, replaced by the alogrithm of Facebook? And are millennials really not interested in ‘serious’ journalism?
Is this next generatino going to lose interest in premium publishing products?We commissioned some research into the millennial audience globally to find out. – you can find the research online, but we gathered a whole range of quanititate data, and then added in in-depth interviews with influential millennials all over the world
How do you evolve while staying true to what makes you great?
In the changing landscape, we had to understand what it is that we still stand for.
Our mission statement, in 1843, was to take part in a ‘severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress’
And our editorila voice is completely indepdentn – for strucutral reasons to do with reporting (our editor does not report to the CEO)
We commissioned internal review to understand exactly what it is that we do for our readers.
This thought triggered a large internal piece of work analysing our brand, understanding what it is we do and exactly what value readers get from us.
This gave us these 5 qualities that The Economist stands for.
●Smart guide to the forces that shape the future
●Trusted, finishable filter on world affairs
●Advocate for progress
A global perspective
Quality content & Premium Pricing
Now of course what these are for different publishers will vary. But the big breakthrough for us was (after 172 years…) reaching a clear understanding of what we offer our readers that is completely platform agnostic
Nothing in those values mentions print, or mentions a weekly frequency.
Hence it freed us to think more clearly about how to respond to some of the challenges in the outside world. - what happens if we challenge some of those assumptions?
Cross-Functional
it’s not the job of the commercial team, or the editoril team, or heaven forbid the ‘strategy team’.
You need cross-functional consensus and debate.
Small teams work better
The Ringelmann Effect
Most people are not familiar with the Ringelmann Effect which is the tendency for individual members to become less productive as the size of a group increases. This concept was named after Maximilien Ringelmann a French professor of agricultural engineering who passed away in 1931. In one of his experiments he asked volunteers to perform a very simple task, to pull on a rope. He found that when only one person is pulling on the rope they give 100% of their effort, however, as more people are added the individual effort goes down.
Social Loafing
This experiment was recreated in the 1970's by Alan Ingham who came up with the concept of "social loafing" which helps us understand why the individual effort decreases as the team size increases. So why does this happen? Because it becomes harder to extract the individual contributions and performance of each person. So the individual rationale is "I don't really need to pull as hard because other people are contributing and nobody will really know how hard I'm pulling anyway." The same concept explains why many people don't vote, why bystanders don't take action when needed, or why some people within teams slack off.
So what is it?
5 stories a day, Monday-Saturday
1m+ downloads
200,000 weekly reach
85% existing subscribers
High levels of engagement
Development process was key – it took 6 months to build, for the first 3 months nota single line of code was written – editors focused on translating Economist style into new, shorter articles, and a daily publishing rhythm (from New York, London and Hong Kong)
‘The Economist is already valued by its readers as the antidote to information overload. Espresso does exactly the same thing, but on a daily rather than a weekly basis. Read this, and you’re ready for the day’ - Tom Standage
We then applied a similar process to the idea of film – what would the Economist look like in film? Still forward looking, still a trusted filter, but now in film…
Again, the key was shifting the editorail process –
We hired world renowned film producers and direcotrs, then had an Econmist editor pair up with them for each film subject – so The economist’s extertise was filtered through a film makers lens.
Now available online, on Apple TV< on Android TV, Microsoft Xbox….
The Economist will change the perception of web videos, by creating film-production level documentary films: Economist Films. Films are our editorial product and will not feature traditional advertising however each series will be available for sponsoring.
Designed for the digital age, these mini movies will:
Examine global issues of interest to an intellectually curious, progressive audience;
Utilize the latest advancements in in documentary film-making;
Be only 10 minutes in length – ideal for digital viewing no matter the device;
So about a year ago, Snapchat approached us about joining Snapchat Discover.
And of course it was interesting to us – huge reach, amongst a new audience, and a great revenue opportunity.
But it was dificult to undestand exactly what it would mean to operate in this space. How could we translate the quality of The Economist into this new medium?So again we started with editorail, had a dedicated Snapchat Editor work with the team at Snapchat for almost 4 months, focused on translating our proposition into the Snapchat formula.
SO we woulnd’t recreate print articles. And we wouldn’t’ dumb down.
But we would be more bisual.
150 million daily reach
41% of US 18-34 year olds