25 Feb LESSONS FROM REPORTING SEASON – LIGHT AT THE END OF THE TUNNEL
Welcome to the latest weekly edition of Cannings’ Media and Business Insights.
LESSONS FROM REPORTING SEASON – LIGHT AT THE END OF THE TUNNEL
- Business leaders have given their strongest indication yet that the Australian economy has turned the corner, with major consumer facing companies issuing relatively upbeat outlooks. Unless there are further coronavirus outbreaks, the outlook is for earnings to recover further. Read their comments in The Australian.
- This reporting season has also highlighted the resilience of management teams. The fact many listed companies have emerged in relatively good shape over the past 12 months is due in part, to strategic management, according to the Chanticleer column. Read it here.
RELATIONSHIP STATUS: IT’S COMPLICATED
- After unfriending each other last week, Facebook and Australia are pals again, with the company now following in the footsteps of Google and negotiating deals with media companies. This could mean more than $200 million a year will be injected into local journalism by Facebook and Google. The question is whether this will be enough to placate other governments. Read The Economist’s summary here.
CAN YOU SUCCEED WITHOUT BEING A TERRIBLE PERSON?
- People often think they have to be heartless to succeed. You know, nice guys finish last. But, according to The Financial Times, the pandemic has shown just how important finding the right balance between ruthlessness and softness— finding “fairness” — can be. A fairer way, so long as it is applied with skill, is far stronger and far more effective. Read more here.
JUST WHAT WE NEED NOW: A SENSE OF HUMOR AT WORK
- Having a sense of humor at work can come in handy. It can defuse tension and build friendship among co-workers. But it can also have the opposite effect. When jokes go too far they can alienate, anger and offend your colleagues. So, how do you have a sense of humor at work? The Wall St Journal offers some helpful tips. Read them here.
NOT YOUR AVERAGE ZOOM MEETING
- Companies have tried all kinds of ways to engage work-from-home employees to combat burnout and boost morale during the pandemic. They’ve hosted ukulele-building classes, sent cocktail kits, and recruited chefs and personal trainers to spice up Zoom sessions. Read all the ways companies are making virtual meetings interesting in The WSJ.
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