Mr. Christopher Mitya, MD, Dow Jones addresses CEO forum at XLRI

Mr. Christopher Mitya, MD, Dow Jones addresses CEO forum at XLRI

Mr. Christopher Mitya, New Managing Director, Dow Jones India delivered a talk on "Corporate Turnaround at a time of Economic Turnaround" at XLRI School of Business and Human Resources.

The event, organized by the General Management Programme of XLRI, staged an intellectual feast with lively interaction among Mr. New, faculty and the students.

Mr. New provided invaluable insights by citing real business scenarios for each of the questions, ranging from ‘restructuring industry and competitive forces’ to ‘potential corporate strategies during down turn and recovery’ to ‘short term and long term growth plans for Dow Jones in India. “Tough times never last but innovative and nimble companies such as Dow Jones do”. Students at XLRI got the essence of the words said by Mr. New.

He said “Information must be aggregated, relevant and current”. Customers can leverage Dow Jones’s Factiva tool and other services is strengthening their competitive advantage.” While Information resources are umpteen, reliability of information remains a challenge.

While speaking on recessionary environment, he said “now is the time when companies would benefit most from our services as we can help increase the efficiency and effectiveness of their resources. We believe in the value of our investments and will not sacrifice that value by cutting corners.”

While answering a question on localization,he said “It’s not possible to roll out everything at once, so our first goal is to penetrate with our existing services and then we will build upon that to offer the services in vernacular languages also.”

The forum was interactive and Mr. New respond to various queries. For one of the questions, he admitted that advertising revenue continues to be a challenge for Print Business but largely it has been compensated by online advertising revenues from www.wsj.com. While free source of information in online world from facebook to Blogs are freely available, future lies in creating and delivering value around information.

Concluded.

* Contributed by -
The Corporate Relations Committee,
XLRI, Jamshedpur.

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