Date Posted:
04 | 20 | 09

A Case Of Moral Bankruptcy

MSNBC.com's Money Central lists Clear Channel among corporations likely to file for bankruptcy.

There's a lesson to be learned here, though I doubt many of the corporate brass at Clear Channel will learn it:

The way you run your business when times are good will have a direct impact on your business when times are bad.

"The seeds of Clear Channel's demise were sown years ago. Only the uninformed will blame the current state of the economy."

Or, to put it another way:

How you run your business when times are good is directly proportional to how your business will run you when times are bad.

The seeds of Clear Channel's demise were sown years ago. Only the uninformed will blame the current state of the economy.

Colophon:

  • I designed and coded this website using just a text-editor and a whole lot of patience. It's powered by Movable Type and hosted by Dreamhost.

  • All opinions expressed here are mine and do not represent any other person or entity. You know how it goes.

  • If you have any comments, get in touch. I'd love to hear them.

  • All Content © 2003-2010

Think About It:

  • Research:   If someone turns on the radio and hears their favorite song, life is good. If they turn on the radio and hear that ultra-safe gold again for the billionth time, they're going to be bored. Do we really need research to confirm this? Apparently, we do.

  • One Step Forward:   To borrow a famous phrase, bringing talent together is one small step for broadcasters that could lead to one great step for broadcasting as a whole.

  • Embrace Individuality:   Until owners understand and even embrace that basic truth about radio, radio will be stagnant at best.

In The Archives: