NED Logo

The Blog

Titles and Gongs: NED?s view
Posted: 18 February 2013
Gill in Norfolk writes:

Could this be a record? We no longer have a librarian: Jan?s been reclassified as a "content curator and merchandiser". To top it all she now reports to the ?Chief Privacy Officer?. I feel a capex request for a much bigger computer cannot be far behind.

NED Says
That wins this month?s daft title contest hands down. Not the CPO thing ? they?ve been around since Star Wars?

Terry in Chester boasts:

We?ve just won the Leading Supplier category in the 2012 awards for our industry in the UK. We have been up against several household names and some serial lobbying with some chuffed customers seems to have done the trick. The industry panel selected us as we were clearly "best value" and "most cost effective". What?s the best way to build on this? A major advertising campaign perhaps?

NED says:

Business is war not sport. Nobody needs another score card. If you?re winning you make more profit, simple. If you?re winning consistently, that makes you able to invest better than the rest and simultaneously more attractive to acquirers. If you need gongs and awards, fine ? enjoy the dinner and stay sober. Just don?t see it as any more than a way for some magazines or institutes to squeeze more advertising cash from you. Most people who are serious about their industry don?t bother with the high profile noisy "gongs" stuff ? they quietly get on with the real job. Yes, you do have to be in it to win it ? but most serious players don?t see these circuses as worth the candle. The real job is to get more money from clients who thank you for taking it even more.

Gong?s for discounts is a mugs game. When you find a way of getting your clients to spend more and thank you for it, instead of wasting your time at black tie do?s, you?ll be on the right track.
Post a Comment
You need to be registered to be able to leave a comment on a blog. Simply click here to register for free. Existing members can sign in here.
Blog Comments
No comments have been submitted for this blog post.

Legal Information Suppliers 1995-2015

The definitive review and analysis of the legal information suppliers markets in the UK. From the well known listed players such as Lexis and Thomson, to the black letter law specialists, tax and accountancy specialists, know-how and advertising based publishers, alongside legal IT and on-line document sectors - all of the core issues for this market are analysed in detail. The core coverage - from any correlation between spend on this £1.2bn UK market with the sales of the legal profession overall, to the average employee cost within each niche over 15 years - the statistical approach is unrivalled. Challenging findings are explored in detail, from the impact of GCs and in-house legal teams, to the impact of Web 2.0 and disruptive events within the profession. This is the only analysis to take such a definitive and comparative long term approach. It projects potential performance based on the financial character of every player in the market - this is the core data on which all professional plans are built. Designed and used as a practical and authoritative strategic planning and budgeting tool, the precision, benchmarks and insights are used by many leading players in the market to test their plans and aspirations.
Add to basket
Price: £1245 | File Type: PDF | File size: 6,053.13 Kb