Times of India Case - Ethics

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    SUBMITTED BY:

    ANSHU SETHIA

    DEEPIKA SHARMA

    RITIKA GUPTA

    SAURABH KUMAR

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    The Times of India is ranked amongst the 6th

    best newspapers in the world.

    Owned and published by: Bennett, Coleman

    & C0. LtdFounded in 1838, TOI completely passed intoIndian hands in 1946

    It has continuously reinvented itself torepresent the aspirations of India

    At present The Times group has TOI, ET,Navbharat Times, Sandhya Times,Maharashtra Times, Femina and Filmfare

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    Readers(Main audience of TOI- youth)

    They want it to elevate the mind and spirit,create taste and educate them. The youth

    wants varietyAdvertisers

    To get the value for every rupee they invest

    Society as a whole

    They want the newspaper to serve the largerinterests of the common good and choosingto set trends which will better the society.

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    Business needs Society and Society

    needs Business.

    Print media being the most pervasive and

    penetrative, can be used as a tool for CSRinitiatives.

    Times of India, being no. 1 in the print

    media world has all the more responsibilityto be more responsive and contribute

    towards the society.

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    TOI has used its influence to improve

    society, expose injustice and elevate the

    disadvantaged.

    The Times Of India Foundation to address

    the developmental needs of the country.

    Times Relief Fund set up in 1954.

    Schools for journalism and marketing

    Newspaper in education.

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    Bhartiya Gyanpith for promotion of ancient

    Indian culture.

    Gyanpith AwardOttaplakkal Nambiyadikkal Velu Kurup (OMV),

    a renowned Malayalam poet 2011 winner

    Femina Little Princess Foundation

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    The Times Foundation

    Teach India Campaign

    Lead India Campaign

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    CAMPAIGN PAPERS

    Traditional role of recording &reporting

    Followed up by analysis as the

    secondary role.

    CHANGE AGENT

    Sensitive to issues&highlighting them

    Help in enhancing the CSRamong the operators

    Follow independent journalism

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    Activities such as involvement with thelocal community are ideal opportunitiesto generate positive press coverage.

    CSR activities can make TOI more

    competitive and can reduce the risk ofsudden damage to its reputation. Corporate social responsibility is not

    simply about moral philosophy, it isalso strongly connected to the long-term future of a business.

    Benefits to thecompany

    By acting as a Social Editor, socialissues like corruption, nepotism,harassment of woman, etc can bebought forward into limelight.

    Readers would be more liberated andcan voice their opinions. Though its business columns, it can

    educate corporates of their socialresponsibilities as well.

    Benefits to thecommunity

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    STRENGTHS

    * One of the oldest newspapers (1838)

    * Ranks 1st in circulation in India and ranked amongst 6best in world

    * Rich supplements

    * Strong supporting publications: ET, NT, Femina,Filmfare

    *

    Launches pioneering ad campaigns* A proactive brand (Invitation Pricing)

    * Competitive Advantage: Technology

    * Firm beliefs & phylosophy (Response, Editorial)

    WEAKNESSES

    * Lying more stress on trivia than the main news

    * Late in covering useful news for competitive students

    * Concentrating more on profits and increasingreadership

    * Gaps in what they profess and actually do

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    Change for the better not for the trivial

    There is a definite need for clarity on CSR aspectsto be trickled down the organization

    The smoke signals from the outside world shouldbe seen as an opportunity to assess themcarefully in the context of future

    This calls for aligning their business strategy withthe CSR strategy. There cant be a stand aloneCSR strategy

    Not to indulge in mud slinging ad campaigns. TOIshould remain what it used to be : A Pioneer!