Table of Contents

Chapter 1: Responsibilities of Media and Journalism
    Historical perspective on the media
    Public (stockholder) ownership of media
    The biggest story in American journalism
    Preparing for a new media world
    Conglomerates aren't all bad—are they?
    A new media world of convergence
    The difference the First Amendment makes

Chapter 2: Preparing Yourself for Management
     First, get the right job
     Getting discovered and climbing to the top
     Your first management position
     Surviving in the cross-fire
     Managing yourself—handling time
     Not just anyone can be a manager
     Journalists becoming managers
     The indispensable management resource
     The quick way to the top

Chapter 3: Motivation and the Work Force
     Unionism in media companies
     Layoffs in hard times
     When you must fire or lay off someone
     Approaches to managing employees
         Scientific (or classical) management
         Humanistic (or behaviorist) management
     Theories of management
         Maslow’s Hierarchy of Needs
         Management by Objectives (MBO)—It's everywhere
     Employees need to feel they're being treated fairly

Chapter 4: Qualities of Leadership and Management
     Sources of power
     Leadership practices
          Model the way
          Inspire a shared vision
          Challenge the process
          Enable others to act
          Encourage the heart
     Characteristics of leaders
     The immeasurable value of optimism
     Pointers on being an effective leader
     The MBAs arrive in media companies
     Being an effective manager of others
     Jerks and vampires don't seem themselves in mirror

Chapter 5: Decision-Making
     What is decision-making?
     The steps to making decisions
     Risk-taking in the decision process
     Categorizing decisions
     Analytical decision-making tools
         The basic tool
         Critical Path Method (CPM) and
           Performance and Evaluation Technique (PERT)
         The Decision Tree
         The pay-off matrix
         The computer spreadsheet
     Hidden traps of decision-making
     Who are the decision-makers?
         Individual decision-making styles
         Group decision-making styles

Chapter 6: Media Regulation, Ethics and the Law
     Do the right thing
     Government and the press
     Legal issues in media businesses

Chapter 7: Operations and Structure of News Media Companies
     The ethics of the media profit chase
     The decline of local news coverage
     Influence of stockholder interests
     Uncommon types of ownership
     Three main kinds of ownership
         Sole proprietorship
         Partnership
         Corporation
     The functional parts of any business
     Structure of media companies

Chapter 8: Budgeting/Financial Management
     The profitability dilemma of media managers
     Profit maximization and responsibility
     Budgeting and planning
         Gantt and milestone charts
         The balance sheet
         The income statement
         Financial analysis ratios
         Cash flow and cost-control
    Time value of money
     Investment criteria
         Net present value
         Internal rate of return
         Payback period
    The never-ending conflict

Chapter 9: Sales, Marketing and Market Analysis
     Traditional wall between business and news
     The 4 P's of marketing
     Market penetration and pricing
     Pricing and marketing decision tools
         Pricing analytical tools
         Marketing analytical tools
     Market analysis
     Market-driven journalism
     The power of the cluster

Chapter 10: Consolidation and Convergence
     There's some safety in large size
     Monopoly, oligopoly and joint operating agreements
     Combining forces and news roles
     Going international
     Fragmentation of media markets

Chapter 11: Entrepreneurship
     Entrepreneurs and managers
     Traits of an entrepreneur
     Promotion or ownership?
     Trying repeatedly is what brings 'luck'
     Tips for entrepreneurs
     Starting up a business
     Seeking success with a business plan
     The necessity of money
     Ten secrets of business success

Chapter 12: Technology Creates a New Media
     Newspapers and technology
     Television and technology
     Media business and new technology
     21st-century electronic and digital media
     Technological milestones of the computer era

Index

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