For the Love of Bad News
John Lewis have just introduced their buying and selling consequences for 2015 and they’re in step with expectancies; Waitrose grew its’ market proportion and John Lewis on-line sales have been up 17%. Sounds like a very good year until the headlines are to be believed.
“JL Reports fall in Profits” “Profits fall and personnel bonus cut” “Staff bonuses cut again”
Trading consistent with expectancies is right for any business and suggests that long time strategy is working. However, when positive news is spun round and provided in a bad mild the jovial board room temper is shattered by way of hammering at the door and a sudden demand for answer and alternate.
What Impact does this have?
The proliferation of social and news media can rapidly spin a story out of control and motive actual damage to business and individuals. Questions are raised and the seeds of doubt sown which begin to undermine even the exceptional performers who all of sudden find themselves beneath the hatchet.
Growing a long term sustainable enterprise calls for investment and in a marketplace as saturated as the UK with inflation at zero.2% how can a enterprise be anticipated to growth turnover and income at an exponentially higher charge. Much like a bullish fund manager reaps the reward of brief term trends media corporations rely on daily ‘catastrophe’ headlines to attract readers who apparently thrive on terrible news.
Why Report Good News as Bad information?
Anyone on Facebook (or LinkedIn) will were inundated with ‘click on-bait’ memories and photographs “I can’t agree with they did that… Range 7 needs to be visible to be believed… “. Perhaps in a international of sensory overload in which some demographics spend nine hours a day on social media it’s far no wonder that we’ve got run out of thrilling content and are as a substitute transfixed on what can handiest be defined as time killing trash.
Is this why mainstream media feels the need to sensationalise the business headlines with terrible news to provoke reaction in place of proper information to distribute praise? When human beings are too busy to look up from their telephones getting their attention to earn your ‘pay per click on’ revenue calls for ever extra complex stunts. Check out the 10 most read tales on @BBC information proper now and all of them have a terrible headline.
Not too long ago, we found our each day information through either the newspaper, the TV, or the radio. The complete international relied on these 3 mediums to examine what was taking place in the international a lot in order that media houses literally ruled the world. Not so today, when the internet has made sure that the information is not the area of expertise of any one specific media house. Almost everywhere, they’ve needed to re-invent themselves that allows you to switch their news to an internet platform the net is distributing news a great deal faster than it ever became before.
When pinnacle news breaks in Palestine, the humans in South Africa or the South Pole will realize about it seconds after it seems at the net as a news item. Individuals, who were the largest portion of newspaper shoppers and TV watchers, nowadays acquire their news via their personal computers and smartphones. Technology makes it feasible to receive all kinds of news on cellular phones. According to recent information, people who personal cell telephones will spend between sixty five% and seventy five% in their day near those gadgets. This manner that they receive alerts for all sorts of news that they may be inquisitive about. They by no means want buy a newspaper or mag. Pictures and movies are to be had on line, and the want for TV to reinforce news with photos declines even further.