Friday, September 19

Communicating Disparity: Reuters On Wall Street

There is an interesting communication insight that emerges after reading Reuters collection of public opinions on the recent market drop.

Wall Street workers said:
• People are in misery. You can see it, you can feel it.
• It's at the level of 1929, I'm sure.
• It's mind-blowing. There is no place to hide.

Non-Wall Street workers said:
• Look at this -- it's jam-packed with people and they don't look too stressed.
• If the market dropped 25 percent like it did in '87, I'd be worried, but a 400 point drop isn't that much.
• Today, anyway, the money that the Fed put into the markets seems to have straightened things out.

Communication can be decidedly different depending on vantage point. It's something to keep in mind when deciding whether to run with a campaign based on insider or outsider perspectives. Here's an idea: stick to the truth and manage from a point of authenticity, never minding what either group says. It's your message as long as you manage it.

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1 comments:

Rich on 9/21/08, 7:50 AM said...

More words:

Morgan Stanley's board was scheduled to meet on Saturday to weigh strategic options for the investment bank, including a possible takeover by Wachovia Corp or selling a bigger stake to China Investment Corp, sources familiar with the situation said on Saturday. — Reuters

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