Tuesday, May 17, 2005
Publishing CEOs: Outlook
Jordan Edmiston Group's April 2005 Client Briefing (which I received in the mail last week) is online. This issue features the views of nine big media company CEOs on the remainder of 2005 and and 2006. It's worth a read.
While each CEO has a different take on the challenges we in media face, I was pleased to see that at least two CEOs noted one of our most critical and ongoing issues, which is people.
Here's a grab from Richard Harrington, president and CEO of Thomson Corporation:
It’s not the constant changes in our markets that keep me awake at night. Every market discontinuity creates new market opportunities that we are prepared to pursue. What keeps me up at night is worrying about people. Recruiting, developing and retaining talent is the key to sustainable competitive advantage, especially in our industry. Over the past couple of years, we have placed a concentrated effort into enhancing our talent management process, but you can never get too good at that.
Kudos to Jordan Edmiston Group, Wilma Jordan and their fine team of managing directors, including my old friend Richard Mead (the former vp, finance of Advanstar, and one of the architects of its salvation in the early 90s), for continuing to produce and distribute these Client Briefings.
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While each CEO has a different take on the challenges we in media face, I was pleased to see that at least two CEOs noted one of our most critical and ongoing issues, which is people.
Here's a grab from Richard Harrington, president and CEO of Thomson Corporation:
It’s not the constant changes in our markets that keep me awake at night. Every market discontinuity creates new market opportunities that we are prepared to pursue. What keeps me up at night is worrying about people. Recruiting, developing and retaining talent is the key to sustainable competitive advantage, especially in our industry. Over the past couple of years, we have placed a concentrated effort into enhancing our talent management process, but you can never get too good at that.
Kudos to Jordan Edmiston Group, Wilma Jordan and their fine team of managing directors, including my old friend Richard Mead (the former vp, finance of Advanstar, and one of the architects of its salvation in the early 90s), for continuing to produce and distribute these Client Briefings.
