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- Breakingviews in the New York Times [view article]
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- Deep Read: 'New York' on the Future of the 'Times'
- Hedge Fund Tracking: Harbinger Capital (Philip Falcone)
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- New York Times Reaches Out to Blogs to Enhance MSM Coverage
- Breakingviews in the New York Times
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Help Wanted: Newspaper Classified Ad Sales Continue to Slide [view article]
News papers should buy the classified ads sites like www.adsglobe.com to continue to dominate this space. ReplyBreakingviews in the New York Times [view article]
no atter how they twist & turn the print media will join the buggywhip.slow but sure ReplyReason
Jim Cramer's 10 Predictions for 2008 [view article]
How many successful hedge funds any of you losers run?How many of you have your own tv show on CNBC?
That's what I thought. Reply
Nine Notes on Media Business [view article]
Response to ... "LEHMAN IS JUST THE THIN EDGE OF THE WEDGE".---
//////// HERE IS WHY LEHMAN DESERVES TO DROWN . . . /////
Ask the experts: Multi-sourcing
How can Chief Information Officers use external service provision to boost business? (FANCY WORDS FOR “OFFSHORING AMERICAN JOBS TO INDIA WORKERS OF MULTIPLE DIFFERENT COMPANIES. SOLVES THE PROBLEM OF INCOMPETENCE IN ANY SINGLE INDIA COMPANY.”)
Written by Mark Samuels
Computing Business, 19 Jun 2008
www.vnunet.com/computi...
Long-gone are single-supplier deals, where a user trusted its systems with one service provider. More companies are now entering into multi-sourcing deals, where firms can benefit from the expertise of niche providers in specific business areas. How can chief information officers (CIOs) use external service provision to boost business?
Replies from the experts:
Outsourcing is never far off the radar for any CIO. It is a constant measure against which to benchmark your company, its skills, productivity and value. Firms which earlier outsourced everything to do with IT have mostly come to realise that they also outsourced the control and direction of a key part of their business model and they need to redress the balance.
It is essential first to understand your company’s future business needs for IT. Then you can assess which skills and activities you should retain and which could be outsourced. Keep hold of the strategy and direction of your IT.
Aim to retain business-facing skills such as project management and business analysis. Ensure you have a well-developed career path for staff and can offer them interesting, challenging projects.
(LYING SNAKES.
YOUR STAFF HAD “WELL DEVELOPED CAREER PATH” UNTIL YOU HAD THEM TRAIN THEIR INDIA REPLACEMENTS.
THEN THE PATH WENT OFF A CLIFF WHEN YOUR CHIEF-INFORMATION-OFFI... LAID THEM OFF. )
Denise Plumpton, director of information, Highways Agency
(OF WHICH STATE ?
WHICH STATE THAT DOES OFFSHORING OF INFORMATION SYSTEMS JOBS. REMEMBER, HIGHWAYS ARE PAID FOR BY TAXPAYERS?)
Globalisation will continue to exert its influence over CIO sourcing strategy, and could take on new relevance as the economic climate cools. As well as the need to expand into new international markets, businesses stand to gain access to the lower-cost skilled labour pools that exist in the emerging economies and captive outsourcing arrangements offer genuine competitive advantage.
We know that 19 of the top 20 software companies have captive operations, with their own subsidiary software factories in India. And a new trend we expect to see develop among our members is the use of captive IT, and business process outsourcing units.
GE Capital is perhaps the most successful example, but we can also point to Lehman Brothers and BA (BRITISH AIRWAYS) as companies that have developed approaches in this area. (MULTI-SOURCING TO DIFFERENT INDIA SOFTWARE COMPANIES.)
Nick Kirkland, chief executive, CIO Connect
This is a topical question for me as I have recently taken 40 IT professionals to India to understand outsourcing and offshoring at a supplier’s site. One comment that summed up the general reaction was that “the real experience of the country, the culture, and the supplier campus and way of work could not be made anywhere else.”
Not every company can afford the financial and time investment to give such exposure to their IT professionals. However, the results emphasised the importance of covering the hard processes and skills as well as the soft values and cultural aspects. Both are needed for collaborative supplier relationships.
What the group took away was the need to build strategic and customer-facing skills, such as architecture and business analysis. They realised they must take ownership to ensure that requirements are being met, particularly with multiple suppliers.
Sharm Manwani, associate professor, Henley Management College
Multi-sourcing has been lauded as a way to avoid the risk of a single-supplier deal. In the construction industry, it is normal to look at what a project requires and to then create an alliance of companies, with each focused on their specialised area. This approach spreads operational risk, with the real advantage being access to the best-of-breed suppliers.
The obvious difficulties are that many IT suppliers are still not used to working in partnership with their competition. Multi-sourcing is not successful if people are squabbling over work, so not all suppliers are ready to work this way.
And do not forget that the more companies in the mix, the more complex it is to manage. There is a reason that some companies still prefer single-supplier sourcing.
Mark Kobayashi-Hillary, (PRO-OFFSHORING) director, National Outsourcing Association
In a highly competitive business environment, IT chiefs outsource for two main reasons: to access specialist services or to take advantage of economies of scale when using skills that have become globally available.
CIOs concentrate on the areas of the IT operation that optimise efficiency or offer competitive advantage. These differ for every firm, but the objective of rapid response to business need is ubiquitous. It is just not viable for most to develop and keep that capability in-house. Multi-sourcing is the obvious answer.
Outsourcing will and does affect the profile of the IT department, but a career IT professional should view the change as an opportunity to learn new skills, take on new challenges and additional responsibilities such as the management of outsource suppliers in their area of technical expertise.
Ollie Ross, head of research, The Corporate IT Forum
CIOs deploy outsourcing to drive down IT costs or improve performance and in a recession, outsourcing has boomed. (BACKWARDS. WE ARE IN A RECESSION BECAUSE OF OFFSHORING. ALL THOSE AMERICANS WITHOUT JOBS CAN’T PAY THEIR MORTGAGES. ALL THOSE AMERICANS WITHOUT JOBS CAN NOT PURCHASE FORECLOSED PROPERTIES FROM BANKS.) But the outsourcing market is changing, with new vendors and models emerging. The tie into the economy is not so clear.
Outsourcing is now an endemic part of the IT landscape, with simple cost-based outsourcing models evolving into mature, strongly governed and value-focused relationships. To benefit from new outsourcing frameworks and the vendors that use global delivery, CIOs must bring maturity and process discipline to IT sourcing.
Investing in a vendor management office, for example, ensures internal IT professionals work effectively with third-party service providers in a structured and measured way.
Strong lifecycle governance of the sourcing contract, alongside great communication, ensures business users are connected to IT strategy and solves the tensions internal technology professionals often face.
Euan Davis, senior analyst, Forrester Research
////////// Reply
fredrickson
Can Newspapers Learn Anything from Casinos? [view article]
You are right, there are a lot of poorly run newspaper companies out there. Most companies have slashed their marketing departments, spend nothing promoting their products, including their online sites. Most newspaper companies could hire 4-5 times the number of new media reps they currently have, and it shouldn't be enough if they are maximizing their websites and spinning off other sites for travel, kids news, parenting news, real estae and automotive news, etc etc etc.They still feel thet driving all their users through their main site maximiizes the revenue which is dead wrong. Too bad.
Jay
sydneycheap.com
On Sep 12 02:21 PM FullMetalPho tographer wrote:
> I worked in the newspaper industry for about 15 years as photojournalist
> and webmaster. I have to laugh when I hear people blame the web for
> newspaper's problems. The facts do not support that conclusion. Newspapers
> are flourishing in other countries and circulation has been declining
> way before the web.
> I have to agree with the Vegas analogy. The biggest issue for papers
> is not how to compete with the web but how to embrace the new media.
> There needs to be a serious rethinking advertisement revenue and
> circulation. Newspapers are following the same economic model for
> 50 years. There has been no change in the way do or think about doing
> business. I think will look back at this time as a Mass Extinction
> period in newspaper history because they failed to adapt. If you
> want an example of what not to do is look at Lee Enterprises (LEE).
> They are the poster child of poorly run Newspapers. Reply
Top 4 Newspaper Stocks [view article]
The problem for MNI and somewhat less GCI is that they used debt to leverage their EPS growth in the past.Even with a sucesfull transition from print to web, the web business will be worth significantly less than the old monopolistic cash cow.
After accounting for debt/interest,there is not much value left for current common shareholders,if any.
I wonder whether a transition to SaaS,which i believe will happen,won't affect in 10-15 years some of current Software/Consulting giants in a similar way,although they aren't indebted so far.
Who had expected back 1995,that the web will almost destroy the once foolproof newspaper business?
Reply
Editor
Index Funds Aren't Speculators [view article]
Indeed, Mr. Masters seems to have gotten it wrong when blamed "Index Speculators" for the run-up in crude oil prices.The market, in fact, signaled the disconnection between fund buying and prices long before oil arced downward.
See the Hard Assets Investor article "Congress Blames Index Speculators" at www.hardassetsinvestor.... Reply
Top 4 Newspaper Stocks [view article]
JRN (Journal Communications), just to clarify. Check this one out. ReplyTop 4 Newspaper Stocks [view article]
check out JRN if you want an excellent diversified media stock. Replytographer
Can Newspapers Learn Anything from Casinos? [view article]
I worked in the newspaper industry for about 15 years as photojournalist and webmaster. I have to laugh when I hear people blame the web for newspaper's problems. The facts do not support that conclusion. Newspapers are flourishing in other countries and circulation has been declining way before the web.I have to agree with the Vegas analogy. The biggest issue for papers is not how to compete with the web but how to embrace the new media. There needs to be a serious rethinking advertisement revenue and circulation. Newspapers are following the same economic model for 50 years. There has been no change in the way do or think about doing business. I think will look back at this time as a Mass Extinction period in newspaper history because they failed to adapt. If you want an example of what not to do is look at Lee Enterprises (LEE). They are the poster child of poorly run Newspapers. Reply
Murdoch: I Won't Put the 'Times' Out of Business [view article]
I have seen other anecdotal evidence in other fields that white heterosexual men are being barred from upper tier schools and professional training, and this is being done by people who clearly have an agenda of emasculating the white heterosexual male in the U. S. culture.The gatekeepers accomplishing this seem to be ethnic posers like Sulzberger who want to establish their own pre-eminence in alliance with non-white puppets.
Theprevoiuos poster makes a point. Just as Fox News is a joke for objective news reporting because of its subservience to neocon (code for phoney Jewish conservative) agenda, so is the Times a joke for objective news reporting, as evidenced by its doublespeak description of Castro as a harmless agrarian reformer.
Maybe we need non Mongo-Turk hetersexual males in charge of Fox and the Times, as long as they are not also British.
Reply
Can Newspapers Learn Anything from Casinos? [view article]
i dont see the comparison. he could have compared the newspaper industry to the buggywhip industry.no matterwhat they do i dont think the upcoming generation will need newspapers no matter what the paper mangement does. ReplyMurdoch: I Won't Put the 'Times' Out of Business [view article]
if he did put the times out of business-so what. the world will survive.i havent bothered with the times since they backed castro in the eisenhower years.i survived. ReplyCan Newspapers Learn Anything from Casinos? [view article]
jay, What Terri Lanni is saying is that irrelevance is destructive. Look at Hollywood. Hollywood was the Las Vegas 60-70 years ago and without change it died. He's saying the Newspaper business has to follow Las Vegas with change to attract new people and keep their clients coming back.Daniel Kowkabany Reply
Jim Cramer's 10 Predictions for 2008 [view article]
Hahahahahahahahahahaha... Reply