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Management Careers in Media - Content Syndication

The Media and Communication industry has so many facets that it becomes difficult to keep a track of how many careers are available. The media has become all-pervasive especially after the the Internet got hitched up with mobile phones. The disruption these two technologies have caused is phenomenal, but they have also created several opportunities for those who wish to make a career in management in media, entertainment, and communication industry. I wrote about Media Planning and Buying as a management career. You need to understand media thoroughly to be a media planner. A regular MBA in Marketing or Finance will probably not be able to teach you this. But a media-specific curriculum will. Let's look at another interesting career path. Very interesting because it is something that business schools do not usually teach as part of their curriculum, but has become an important managerial function nonetheless. When your client creates content, be it a blog, a write-up, a f

Management Careers in Media - Media Planning and Buying

Media planning and buying is the function of procurement of media real estate at an optimal placement and price. Media buyers have to conduct market research to find the likely places where their client's customers and consumers tend to use media. Based on this research, they find the best advertising rates, and the best media to place the advertisements of their clients. In short, they 'buy' the media, or the advertising space/time for their clients. Media planners have to be in touch with the media houses, their marketing executives and should be able to negotiate better rates for their clients. A good media buyer takes decisions on which media to buy and it requires both creative and business-driven decisions. Media Planners should be able to pick and choose an appropriate combination of media to help their clients reach their target audiences. The job can be pretty high profile as they with high level clients and top executives of organisations. The job is result ori

Rickshaws and Management

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Last week, I was returning from Vile Parle from a meeting by a rickshaw. To avoid driving in the office rush, I kept my car parked near the office in Malad. Somewhere between Jogeshwari and Goregaon, the driver swerved to overtake a tempo, and the rear wheel went over an elevated drainage cover.  I could feel the rickshaw tilting to the left. I threw my weight on the right and luckily, we stayed upright. It all happened very fast, and if I had not been alert, the rickshaw would have overturned. Needless to say, that got me thinking…. After 6 months at the helm of affairs as Director @Deviprasad Goenka Management College of Media Studies, I think it is like driving a rickshaw. Just listing a few management lessons I have learnt … The wheels are my team mates, my colleagues with authority (learnt that today!) with whom I navigate the academic path. When they know the road better than me, I listen to them. I need to see that they have enough air, and deflate ones with too much o