Research on the declining credibility of established news organizations – this creates opportunities for new ones

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Pew Research Center has just released the latest results in an study that has been running since 1983 on the credibility of US news organizations under the title Further Decline in Credibility Ratings for Most News Organizations. Some of the data is shown below.


Source: Pew Research Center for the People & The Press
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Launch of We’re Looking For Talent – the foundation of a crowd business model

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We have just launched our new recruitment site We’re Looking For Talent.

Crowd business models are a major theme for us in our publishing and events. They are also at the heart of the AHT Group business model. As we build our businesses we want to see how far we can take the use of distributed work.

We currently tap work and talent on a wide variety of crowdsourcing sites, but we have reached the stage of creating our own platform in finding the best people to work with.

The principles for how we seek to attract talent are described in detail on the page Why Work For Us?, which is the best place to read about what we are doing, however I’ve provided a brief summary below.
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Insights into the evolution of Klout’s algorithm

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The rise of the reputation economy is one of the most important trends of our time. As such, like it or hate it, Klout’s role as probably the most prominent influence engine today means it is useful to track its structure and mechanisms.

Klout today unveiled a major change to its algorithm and scores. Here are some thoughts on the changes.
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The importance of entrepreneurial organizations: lessons from global comparisons of company age

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Last week I ran a workshop for the global leadership of the growth companies division of a major professional services firm.

The Economist had just run a leader on Europe’s chronic failure to encourage ambitious entrepreneurs, including some interesting data comparing the age of leading European and American companies.

I dug into the original data from think-tank Bruegel in their excellent report The Demographics of Global Corporate Champions to create the following chart. It shows when companies in the FT500 (as of 31 December 2007) were founded, shown by geographic region.


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Beware: A330 laptop power won’t power a laptop

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I went to Thailand this week to run a session on the future of business for a senior partner offsite of a global professional services firm.

I have had a whole series of deadlines (fortunately easing a fraction now) so had to work the whole 8 1/2 hour flight to Bangkok. I was flying Qantas business class in an A330, so I plugged in my Dell XPS 15Z laptop and it appeared to be working. Somewhat later I noticed that I was in fact running on battery power.

Neither my outlet power nor that of my neighbor appeared to be working at all. When the crew helped me try the laptop in a vacant seat’s outlet, and even the central outlet at the front of the plane, the circuit cut out. While I had some battery power remaining it ran out well before we arrived.
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Moving the CIO to the heart of strategy

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My recent European speaking tour was divided around equally between deep dives into crowdsourcing and where it is going, and keynotes and workshops for Chief Information Officers on shifts in the business environment and how that will shape the future of the IT function.

A key theme of the CIO workshops was their opportunity and responsibility to move to the center of strategy within their organizations.

My Transformation of Business Framework provides an overview of some of the driving forces and how they are playing out across the business landscape.


Click on the image for full-size pdf

I think it is often useful to consider what the business environment might be in say five years from now, and the characteristics of organizations that will be successful in that world.

Some of the ways we are likely to describe those successful organizations include:
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The fantastic initiatives that are creating City 2.0

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TED (which not many people remember was originally founded by information architect Richard Saul Wurman in 1984) has expanded dramatically over the last years, from a single annual event to activities spanning a network of thousands of TEDx events, the TED-Ed educational network, the TED Prize, and now its City 2.0 initiative.

Part of City 2.0 this year is a project of 10 awards of $10,000 being given away to support local ventures that are making a difference. We are half way through, with now 5 awards being given.

The City 2.0 project site gives a full rundown of the winners. Below is an overview of the five fantastic projects.
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The rise of micro mavens: Building business empires around personal brands

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Trevor Young, aka PR Warrior, is launching a new site Micro Domination which covers the “Global Microbrand Revolution”.

The site already includes an excellent free e-book The Micro Maven Revolution. You can download it from here or by clicking on the cover below.

Trevor opens the book by practising what he preaches, highlighting his capabilities and brand in a low-key way in front of excellent content. He then describes the core idea:
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Sorry Grant Thornton, amorphous fears about IP loss should not trump value creation

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Sorry, Grant Thornton, I think your instinct is very likely wrong.

I saw this advertisement (also in French and Flemish) in Brussels-Midi station when I was recently passing through.

Grant Thornton claims to have an ‘instinct for growth’. For some reason it seems to have an instinct (it appears without any evidence) that expanding into new markets will lead to loss of intellectual property. So the instinct is one for inaction, and in turn no growth.
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Big moves at Fairfax: The global extinction of newspapers moves closer

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Today’s ‘Fairfax of the Future’ announcement from Australia’s second largest newspaper publisher Fairfax is massive news in Australia, and very significant in a global media context.

It has been a busy media day for me, so far doing interviews for SBS World News and ABC24 News as well as a number of radio stations, due to my earlier predictions of the extinction of newspapers. My Newspaper Extinction Timeline was launched in October 2010, at the time getting mainstream media coverage in over 30 countries and being seen by well over 1 million readers within one week.

Newspaper_Timeline_front.gif
Click on image to download full framework

Recently I have been reconsidering some of the forecast extinction dates for a number of countries, notably after my recent European speaking tour. Fairfax’s announcements today significantly shift forward the likely loss of news-on-paper as a significant media format, and in fact make 2022 seem an exceedingly optimistic timespan for newspapers to survive in Australia.
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