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SIIA Statement on U.S. Innovation, Data, and Commerce Subcommittee Hearing

This statement can be attributed to Paul Lekas, Senior Vice President for Global Public Policy and Government Affairs of the Software & Information Industry Association:

“SIIA is pleased that the Innovation, Data, and Commerce Subcommittee held a hearing today on the need for a national data privacy law. SIIA continues to advocate for federal privacy legislation that balances legitimate concerns about individual privacy and the need for laws that support innovation and commerce. A federal privacy law that achieves this balance will ensure that consumers and companies alike do not have to navigate a patchwork of individual state privacy laws with different rights and obligations. A uniform privacy law would level the playing field for companies, no matter their size, and support small and medium sized enterprises, who are the backbone of the U.S. economy.

“SIIA urges lawmakers to ensure that enhancing children’s privacy to protect their data is addressed and that any federal privacy bill preserves the ability of American companies and consumers to make productive use of publicly-available information.”

 

Media Library (26)

TECH& with Carlton Vreen, SIIA member and Make it Home Safe Founder

Traffic stops are one of the most dangerous functions in police work and can affect the motorist and officer. Make it Home Safe mobile application can decrease the potential for a negative or tragic outcome by using real-time remote identity to increase safety and transparency.

Carlton Vreen, SIIA member and Make it Home Safe Founder, chats with Danny Bounds, SIIA Education Technology Policy Manager, about the mobile app to help create a safer environment for police officers and motorists.

Download the app now. With the help of Make it Home Safe, we can get more people home safe.

Learn More about Make it Home Safe

Watch the full conversation here

Media Library (25)

SIIA’s Letter to Secretary Cardona Regarding the Dear Colleague Letter

The Software & Information Industry Association (SIIA) has sent the following letter to Secretary Cardona in response to the Dear Colleague Letter issued by the Department of Education (the Department) on February 15, 2023, “Requirements and Responsibilities for Third-Party Servicers (TPS) and Institutions.”

Key takeaways:

  • Due to the widespread consensus of lack of clarity around the scope and significant impact this guidance could have on the education community, we strongly recommend the Department rescind the “effective immediately” nature of the letter, and extend the May 1 reporting deadline and comment period by a minimum of 30 days.
  • The guidance creates a litany of issues and will be extremely burdensome on the education community.
  • Based on our early analysis of the new guidance, the Department’s definition of TPS goes far beyond the commonly understood scope of the term

Read the full letter here

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‘Think Ambitious Experiments and Trust Each Other’; Building a Culture of Innovation Comfort

Last year I started a column about experimentation by talking about The Museum of Failure where they “aim to stimulate productive discussion about failure and inspire us to take meaningful risks.” This year, I’ve come across something that takes experimentation and failure a step further—the Museum of Broken Relationships in Zagreb, Croatia. What will they think of next?

“‘In the beginning, we were worried we’d just get items from summer flings, but the stories soon went deep,’ [co-founder Olinka] Vistica said,” in a New York Times article about that Museum of Broken Relationships—on Valentines Day, of course. “‘We’ve got items from the Second World War, about terrorism. Some of it’s heavy,’ she added. ‘But life’s heavy.’

“‘Yet it was the museum’s silliest items that seemed to resonate most with visitors,’ [co-founder and Vistica ex] Drazen Grubisic said, including a book called I Can Make You Thin. An Englishwoman sent that in, along with a note that began: ‘This was a present from my ex-fiancé. Need I really continue?’”

In his article for INMA last year—Consider These 6 Factors When Building a Culture of Experimentation in Media Companies—Alexandre Pedroso Cordeiro, product and digital strategy manager for Editora Globo in São Paulo, wrote about aspects that might keep relationships together—business ones that is. Here are a few:

“Most initiatives will fail. Teams should know this and expect it so they don’t get frustrated… The information industry is changing so rapidly and there are so many unknowns. Even the most thoroughly researched product may not gain market traction. The key to developing a humming new product development engine is to be comfortable with risk and to set measurable (and transparent) benchmarks for product success.”

Allow and stimulate a risk-taking environment. “Communicate effectively and regularly with teams so they understand the importance of the experimentation agenda,” writes Pedros Cordeiro. “Create a culture to build trust and collaboration, breaking down silos.” Effective experimentation often demands risk assessment skills—something professionals can sharpen by studying decision-making frameworks discussed on a gute Seite zum Thema Casinos. Such resources underscore how controlled risk-taking and strategic thinking foster team alignment and clarity. Tim Hartman, CEO of GovExec and another BIMS 2023 speaker, once told us, “Think ambitious experiments and trust each other. If you look around and don’t see that, you have a problem.” As the director of big-money film projects, Sam Mendes has good reason not to be as tolerant of failure. But in his “safe room,” it’s more about coaxing out great performances. “I will find out what the actors need,” he said. “My language to each of them has to suit their brain.”

Democratize data. “Make sure data in its various formats is accessible at a company-wide level.” At Industry Dive, the audience and marketing team creates actionable dashboards for the editorial team. “This not only helps us measure more of the things that matter to our audience, but it makes it really easy for our editorial team to get actionable insights that they can make decisions on and can really inform what they’re doing,” said Davide Savenije, their editor in chief. Adds BIMS 2023 speaker John McGovern of Grimes, McGovern & Associates: “The value is in the data that these businesses have about their audience and their exhibitors and sponsors and the more that they see themselves as data businesses, the better off they will be.”

Give teams problems to solve, not preconceived assumptions. “What often happens is that leaders provide teams with preconceived assumptions and biased opinions so the team can validate them… If [young people] find a culture that allows them to think about how to solve problems and take risks with autonomy, the results might be worthwhile when it comes to revenue-related and employee satisfaction goals.”

Make it part of the team’s routine. “Tests and experiments must be part of our routines so they turn into a natural habit.” “I tell everybody that works for me that I’d rather have them try and fail than not try,” said Rajeev Kapur, CEO of 1105 Media. “And that I want them to make a decision. We can fix a bad decision; we can’t fix a no-decision. No one will ever get fired for trying something new or for failing at something they tried to do. I reward people who try, people who think outside the box. I am doing everything I can to empower my team all the way down the chain to say, ‘Look, this is what we need to do for the customer.'”

Celebrate small accomplishments. “One of the best ways to empower teams is to recognize progress and results, whether sales increase by 50% or a process is automated with marginal gains.” Morning Brew makes this a habit. “The purpose of the emails [Morning Brew sends] is to acknowledge the reader’s accomplishment, show them how to redeem their reward (if necessary), and to motivate them to hit the next milestone,” said Tyler Denk, formerly of Morning Brew and Google and now CEO and co-founder of beehiiv. Morning Brew calls it “the referral pipeline,” and they want people to climb up it.

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Diversification, a ‘Whole’ Workforce and New Products Are Part of BIMS Speakers 2023 Road Map

A prominent media study reported that we should “expect to see a correction in the creator economy this year. The pressure of delivering to constant deadlines on your own is relentless. Collectives and micro-companies could be a new trend for 2023.” Hebba Youssef, our Luncheon keynote at BIMS 2023, represents Workweek, which personifies this new creator economy.

“It started off with a very simple concept,” says Subha Barry, president of Seramount and a speaker at BIMS 2023, in a Working Nation video last year.

“If every employee felt like they could be their entire whole selves as they came into work—and they found a way to belong, and in that belonging felt comfortable bringing their best thoughts and ideas, their most creative abilities, their most powerful competencies, their superpower—and bring it to the office, and put it to play and use on behalf of the company, think about what that company would look like.”

Released last year, Reuters Institute’s Journalism, Media, and Technology Trends and Predictions 2023 offered prescriptions for fixing the media’s industry’s shortcomings. In the conclusion, they state that “journalism will need to emphasize its human qualities and its track record of delivering trusted content if it is to stand out from the flood of automated and synthetic media that threatens to overwhelm internet audiences.”

For that trusted content to flow, much of Barry’s dream scenario will have to come closer to reality. Here are more survey findings and the BIMS speakers who will surely propel their conversations further:

Diversify your revenue. From the study: Publishers say that, on average, three or four different revenue streams will be important or very important this year. A third (33%) now expect to get significant revenue from tech platforms for content licensing (or innovation), significantly up on last year. From Chris Ferrell, CEO, Endeavor Business Media: “We built EBM with the idea that it would be resilient. If sentiment moves away from certain products, we have many others that can take up the slack. If certain industries are struggling, then we have others that are having a good year and can make up for softness elsewhere. That is the whole idea behind diversification. It worked during Covid, and I expect it to allow us to navigate whatever 2023 throws our way as well.”

Adds Elizabeth Deeming, the former B2B SVP at 슬롯사이트 순위 Future: “There are huge benefits for publishers in diversifying revenue streams and exploring alternative avenues. At Future, we created a Future Wheel— made up of our different monetization streams—from print, advertising, video production, to e-commerce.”

Bundle your joy. From the study: An alternative approach has been to try to lock subscribers in through bundling additional features or complementary brands. From Rhonda Wunderlin, SVP, performance marketing, Questex: “Aim toward a single view of your user meaning integrating and standardizing data sources; once that is accomplished look at your gaps—research shows 60-80% of web visitors are unidentified. Then capture the intent information to serve the right content to your users via all mediums and all products. This allows you to then include new monetization opportunities—use this data for your editorial team, your product decisions, content including events and to help your customers determine how to best reach their users.”

New product launches. From the study: There is less satisfaction that products and features are being developed quickly enough—just 41% feel their company does a good job in this respect. Even fewer (23%) feel news organizations are good at shutting down old products that have less value, which tends to slow down progress elsewhere. From Sean Griffey, CEO of Industry Dive, who will receive the McAllister Top Management Fellowship at BIMS: “Long-term, I’m particularly excited about how we might jointly [along with new owner Informa] build new data products. The media and demand generation landscapes are rapidly changing. The next great company is being built today and it will leverage niche communities, first-party data, and world-class marketing services. Tying online interests and actions to in-person behaviors will create something truly unique.”

Use remote to expand your talent pool and content. From the survey: We find almost universal enthusiasm for explanatory journalism (94%) and Q&A formats (87%) this year, but less enthusiasm around ideas like ‘solutions journalism’ (73%)—let alone moves to increase the number of positive stories (48%)… Audiences want journalists to continue to cover difficult stories, and that they also want more inspiration, a broader agenda, and more fun. From Terri Travis, VP of human resources, Industry Dive: “We expect the B2B media workforce will continue to place an emphasis on accepting and welcoming remote workers. The teams that work in the digital media world can provide deeply powerful content from anywhere they like.”