That said, shareholders aren’t going to take too kindly to days when the share price drops 16%.
The headlines say the supermarket's Christmas campaign failed to entice shoppers into store. This won't be a marketing issue, but an operational one. This is a company that is massive, bloated and listless. Its non-food businesses have done bonkers numbers in the last few years, and now occupy enormous acres of floor space. The shrinking core food business retracts apologetically, literally in front of the eyes of customers.
Its massive bloatedness and no doubt hideous bureaucracy, will be hampering clear thinking and communication. Its nearest and dearest rivals remain crystal in the conscious of the public. ASDA – price. Sainsbury’s – value. Waitrose – posh. Lidl/ALDI – cheap. Tesco? Huge and "I don’t know where everything is."
For a large of the population that’s the level of decision-making as the keys go into the ignition.
Politicians and Twitter are going to end up eating each other. Watch Question Time or listen to Any Questions, and it's not enough to listen to the views of 5 guests and an audience of 100 people. You have to have a Dimbleby stumbling over the term 'hashtag' before they start.
In its purest form, politics is about shaping a debate and influencing people within a larger narrative called society. Ideas and arguments need oxygen. They need room to breathe. They generally need more than 140 characters. Speeches, articles, print, blogs, podcasts. They're all there. And we do have time to think about these things.
Just use 130 characters and a bit.ly next time Diane. Save yourself a world of shit.
Ever so slightly nauseated this week by The Guardian's decision to publish its newslist. "You can help us make the news." "Have your say." All that bullshit. It's the sort of move that grants some swooning at a Haymarket conference with words like "progressive," "open" and "bold experiment," bandied around.
I love The Guardian and its variety of digital and paper products. I'm 38 years old, work in something media related and crucially, know who Korn are. On that basis, it's the only paper I'm allowed to buy. The only downside to The Guardian unfortunately is that for all its cleverness - the bastard hemorrhages money.
If you want to make money one day (retain readership, properly monetise that large global audience etc) don't cheapen the product. Handing the editorship of the paper over to bored people in train carriages with smartphones seems counter to what you ought to be paying for. I'd like to hand my money over to an editor, who selects some great writing and presents it to me in a nice typeface on a couple of screens and on paper. I'm not giving it to the bloke sat next to me.
"We haven't considered making them a big offer because we believe that they are fans of Chelsea Football Club and want to do what's best for Chelsea Football Club and we've offered them a couple of things relating to their role as a fan." Bruce Buck, Chairman, Chelsea FC.
So concludes one of the most objectionable, offensive and idiotic quotes from a football businessman since...er...since probably Garry Cook tried to pin the cancer gag on the IT guy.
Nearly 20 years ago Chelsea were shit, playing in front of 20,000 South/South West Londoners. Today, visiting fans to a packed Stamford Bridge sing the simple song: "Where were you when you were shit?" Answer: anywhere but there.
Except for a minority. A minority were actually there when they were shit, and some organised themselves to buy the freehold to keep football in SW6. Nice little patch that for property developers, after all. You could imagine a hotel there, maybe some restaurants. Oh, hold on.
Since then, a lot of people have got rich at Chelsea. Players. Managers. Sacked managers. Peter Kenyon. Marco Pierre White. The hotel people. A bunch of other knobheads.
A lot of people have got poorer at Chelsea. The fans. Football is more expensive than it used to be, but the game is the same.
Football is big business as Buck, Richard Scudamore are keen to tell the FT and Asian-based sponsors. Fans become a customer database. The club becomes a vehicle to talk to a global market. Fans will stay in line of course, do what they're told, they'll be 'loyal.' Clubs beseech them to be 'true fans.'
Hypocrisy, insensitivity and ignorance knows no bounds in football. CPO: you're part of the business not the football. Tell Buck to do one and pay the market rate. You deserve recognition financially for the commercial value of your contribution.
The prostitution industry has had a good couple of months. The pendulum of tabloid coverage swings ferociously from heroin-addled serial killer victims to posh, classy girls earning well off the rich. The industry walks a constant tightrope as it attempts to attract talent to its workforce, and income from its customer base. Of late, we're seeing a lot more of the Sophias and Fionas and fewer Joannes and Paulines who 'sadly grew apart from their families.'
I have never gone commercial, nor have any plans to do so. However, £195 feels an obtainable sum for a mainstream customer let alone someone rich and famous. For Helen the supplier, it seems the margins are starting to slim. After all, I recall Helen's ancestors - women like Heather Mills - who it was reported earned thousands a session, and comfortably six-figure annual salaries.
Clearly the business model is changing. Much like the video games industry or the mobile industry it seems simple. Cut the price at entry level (free phone, cheap console; in the case of prostitution just under £200 for the full English). Then once they're in, rake it in. In video games that's software; in mobiles, data. In Helen's case, £195 opens up a world of book deals, tip-off fees, PAs and then finally compensation from News International for having hacked her phone in the first place.
A hardened bunch who find misery in being paid to write about live football, they're a tough curmudgeonly crowd. As West Ham manager, Pardew would try to counter the mood by walking into press conferences and opening up with a sunny "Hi Guys!" It was probably followed by a finger point and a wink to an individual or two amongst the surly pack.
Pardew can be lumped in with people like McClaren, Platt or Ince, who operate on the basis that they once watched a Juventus training session, and were therefore deemed forward thinking. That's enough to sustain some sort of career without actually needing success on the pitch.
Pardew needs to re-think his "it's a massive club," soundbites and absorb the legacy of Joe Kinnear and his mastery of media relations. In 2008, Kinnear chose not to open his press conference in a Pardew style. Quite the opposite.