Article source: ConstructConnect
- The pandemic is upending previous notions about what is needed to deliver successful versus questionable business results. Take ‘word processing’ versus ‘meat processing’. The latter has seen numerous plant shutdowns due to congestion in the workplace and virus contagion. The former, in at least one special way, has been delivering spectacular results.
- For a decade or more, news media operations have come under attack for not moving quickly enough to embrace new technology. Stodgy print media has been a favorite target. Firms in the sector were moving online, although often tentatively. The difficulty for many in the industry was to find a digital business model that would be financially rewarding. Most have now settled on their own vision of the optimal balance between subscription and advertising revenues. And the process has evolved to just the right stage. Media companies, unlike many other enterprises in the economy, have been able to carry on with operations even under coronavirus duress. For media companies, working from home has been a relatively easy transition, having minimal impact on the compilation and dissemination of information.
