Thursday, April 23, 2009

Independents will always have their day

Luke Johnson (Chairman Channel4) - Indie business - SPOT ON!!
http://www.ft.com/cms/s/0/b64a5aee-2e84-11de-b7d3-00144feabdc0,dwp_uuid=782015c4-f2e3-11dd-abe6-0000779fd2ac.html

Less is more. small is beautiful:

".........These imaginative groups provide diversity, creativity and an alternative perspective rare in vertically integrated organisations that make most of their own content. New ideas tend to flourish best in freewheeling environments, not in a bureaucracy – defined by Balzac as a “giant mechanism operated by pygmies”..............."

".........Motivation is gradually diluted as managerialism takes over from seat-of-the-pants risk-taking. Progress is about replication rather than adventure. Early on, money tends to be relevant only as a means of starting the project, rather than as an end in itself. But when banks and outside shareholders get involved, the pressures to perform mount – so the distinctive features fade, to be replaced by the treadmill of financial returns. This is an almost inevitable sequence................"

"..........They punch above their weight in terms of innovation and customer service, and force big players to up their game. In these uncertain times, there is every reason to believe – in spite of the relentless march of globalisation – that the indies of the world will continue to thrive........................"

Just like in the music industry with the emergent indie bands, real new talent in the face of commercial rock and pop!!

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