New York Times reports the gap between rich and poor in NYC is widening further. Median income for the bottom fifth was $8,844. Median income for the top fifth was at a staggering $223,285.
What can be done? Sam Roberts of the New York Times interviewed Jilly Stephens, executive director of City Harvest, which helps get emergency food to hungry New Yorkers. jilly Stephens is in a unique position, because she runs a charity for the poorest in NYC, while she takes a salary for herself that places her in the richest fifth, earning $294,528 in total compensation in 2010. Her take on the problem? “The statistics demonstrate quite clearly that our most vulnerable neighbors are far from a recovery.”
Yes, she should know.
Mr. Hurd will bring his expertise running the largest computer hardware business on the planet to Oracle, where he may be able to revive the fortunes of Sun’s products at H.P.’s expense.
Who do you think wrote that statement? It sure sounds like a press release from Oracle. But it comes from the pen of Ashlee Vance at the New York Times. Does Ashlee even read what he copies and pastes?
Follow a few basic rules of PR, throw millions of dollars at a problem, and it will go your way, right?
A crash course in PR from @BPGlobalPR:
1. Acknowledge the problem without acknowledging specifics. This was our very first tweet:
@BPGlobalPR: We regretfully admit that something has happened off of the Gulf Coast. More to come.
2. Be open about one piece of bad news and no more. You want to appear human, but you don’t want to appear like a bunch of idiots. There’s another word I’d use there, but I don’t think I can. It rhymes with mickleticks.
@BPGlobalPR: Sadly we can no longer certify our oil as Dolphin Safe.3. Threaten legal action if anyone crosses a line. You’re in PR, but you need to make sure you flex your muscle and establish some ground rules.
@BPGlobalPR: Please do NOT take or clean any oil you find on the beach. That is the property of British Petroleum and we WILL sue you.
View the rest of the tips here.
AnythingResearch.com has released 2009 research reports on over a thousand industries providing instantaneous access to market size, typical financials (e.g., income statement, balance sheet), salary benchmarks, etc etc.
The goal is to shed light on small businesses in “main street” industries by providing accurate and detailed statistics.
Posted in Consulting Jobs, Deal Sourcing, Decision Analysis, Decision Making, Demographics, Industry Analysis, Information Technology, Innovation, Intelligence, Intelligence Community, Internet, Journalism, Law, M&A, Management consulting, Marketing, Media, NAICS, New Ventures, Newspapers, Private Equity, Research, Small business, Statistics, Strategy
Tagged business metrics, company benchmarks, EBIT, EBIT Margin, EBITDA, EBITDA margin, financial metrics, industry report, industry research, Profit Margin
The latest efforts to revive traditional media involves hyperlocal journalism – i.e., local community news targeted at community members.
The Washington Post recently announced a foray into this space. The Tampa Tribune is cutting 70 jobs (of 1,200 total employees) in order to refocus on online hyperlocal content.
Venture-backed startups, such as NowPublic, a citizen journalism website, have been raising capital at an increasingly fast pace.
Posted in Business, Business Strategy, Case Studies, Fad, Hyperlocal Journalism, Journalism, New Ventures, Newspapers, Research, Strategy, Venture Capital