This is based on an Idea Lab article by Dan Pacheco, “How Fear, Brand Addiction and Paranoia Block Innovation.” Take a few minute and read it – you will find it relatively objective and not so nearly focused on newspapers as you might first suspect. Go ahead…read it. Here some mood music for you, too.
I thought Dan’s post challenging to all the sub-cultures, egos and personas that exist in our lives; those that loath change; those that refuse to relenquish any ounces of Draconian control; those that just don’t know how to change; those that see change as an indictment on the past; etc.
I couldn’t help but try to mentally grade our progress and, more importantly in my mind, our readiness to make bigger, wider and more dramatic changes going forward. I know some won’t visit the article link above, so here’s the recap of the criteria:
1) Fear. Dan is verbose in his description and his real focus is on clutching to formerly successful paradigms. Mine is simpler: accept those paradigms as dead or dying. Publicly declare yourself to be a Young Turk of the new age of media. Commit to crossing the Rubicon.
2) Brand addiction. Dan’s focus is on newspapers’ focus on the existing customers, not their potential customers. We actually know this – we’ve heard it, discussed it. We have to facilitate communities, not build them…they already exist. Just imagine what a supreme failure the Cash for Clunkers program would be if we all viewed the value of our vehicles like some view the value of their products. Kill off the weak and let the rut begin.
3) Paranoia. I actually thought Dan missed a huge point on this one. Media companies should have a decent balance in the community’s “trust bank.” The media company should represent a trusted source and that alone is an extremely powerful position from which to operate. It might be a scary proposition for some, but Sun Tzu nailed it when he said, “Keep your friends close, and your enemies closer.”
4) Business blindness. Dan’s point is simple and needs no commentary: don’t forget the revenue stream when it comes to innovation.
Once again, this was a good article and one I encourage everyone to consider as a basis for personal and organizational introspection.




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Steve Ribble 1022 on June 9, 2009 Permalink |
It sounds like there is no way to monetize the electronic distribution of information. It also seems that monetizing viewing of the information (advertising), cannot support a large overhead news gathering operation. So, is it possible to monetize the actual gathering of the information? If not, self-chosen cyanide might be mute. We will die of old age.
tomaltman 0135 on June 11, 2009 Permalink |
It’s funny, because when I first came into the newspaper business (radio transplant in 2000) I was always told the subscription rate was just enough to cover the distribution of the paper. So, one would conclude we could charge the cost of delivery of a digital product, but the consumer is already paying for that
But Mike, you’re right on – call it ViewPass, Subscription, or a Pineapple. It’s all the magic Kool-Aid.
Steve Buttry 0815 on June 13, 2009 Permalink |
Mike, I agree wholeheartedly on pay walls, which I have said loudly on my own blog. And Alan Mutter, who’s pushing ViewPass, said explicitly in his blog: “If you suddenly put a pay wall on a website that used to be free, you are bound to lose a substantial amount of traffic representing a considerable amount of potential advertising inventory. Once customers are turned off, it will be awfully hard to get most of them back, especially as plenty of free websites will be glad to welcome them.” He sees ViewPass as having value for premium content (which I see as barely a trickle) and collecting user data (which is important). The reason I see some value is that something like ViewPass, which is easily used on multiple sites, might be tremendously helpful for the transaction-based business model we need to develop. I think it’s worth exploring, with a huge dose of skepticism for the backward-thinking people who will try to use it for paywalls.