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@benlandautaylor Not justifying, but in the old media world, they think in terms of managing a portfolio, they have other sources of income outside of advertising dollars, and content is both a product and sometimes marketing in and of itself (loss leader strategy, etc.).
@balajis We're seeing this dynamic in the workforce, as "the customer is always right" is no longer directionally true, and "the employee is always right" is the new norm.
Following Cannes Lions, the ad industry reveals why it's in such dire straights: it is envious, distracted, self absorbed, and has forgotten who pays the bills. You are filled with some of the most talented people on earth. It doesn't have to be this way.
At the turn of the century, business culture was primarily interested in one question: "How do I?"
Thus business leaders embraced Jim Collins’ Good to Great.
But after the mass adoption of the internet, "how" knowledge became ubiquitous and cheap, and culture forced leaders to face another question: "Why do I?"
So Simon Sinek’s Start with Why found a place on every business leader’s bookshelf.
But the culture has changed again. Answers to "how" and "why" are now mainstream and accessible.
Today, the culture is asking another question: "Who am I?"
Your employees and customers have moved from how to who.
Have you?
The Speed of Human is measured by how fast a relationship can develop.
The farther you go without the relationships around you, the less human you travel.
Many leaders don't realize what challenges lie on the other side of the wealth and power they're seeking:
-Changed relationships
-False security
-Isolation
-Guilt
-And the tyranny of unbounded opportunity
This is also known as an identity crisis.