A mentor’s passing

Chris Welles, a longtime editor at BUSINESS WEEK and former teacher of mine, died the other day. Chris Roush, who edits the blog Talking Biz News, ran the piece below.

I suspect it is one of many tributes to come about Welles, a major figure in business journalism.  I had occasion to write about Welles myself a few weeks ago. He and another former BW editor, Ron Krieger, introduced me to the foreign world of business journalism in 1980 at the Columbia J School. It’s not too great a stretch to say the pair changed my life.

Welles asked tough questions of business people, making for penetrating journalism. He had a hand in much of the best work BW published. Only time will tell, but I believe that BW peaked during Welles’ time there.

Some profound thoughts here by a former editor for us all at BW:

Ex-BusinessWeek editor Shepard fondly remembers Welles  — 2010.06.21

Talking Biz News asked Steve Shepard, the editor of BusinessWeek from 1985 to 2005, for some thoughts about business journalist Chris Welles, who worked at BusinessWeek for 13 years and died this weekend.

Here is what Shepard, now the dean at the CUNY Graduate School of Journalism, had to say:

“Chris Welles was a genuinely good guy with a journalistic soul. He very much believed that it was the job of the press to hold people in power accountable for their actions and to ferret out wrongdoing. He spent his career doing that, first as a writer, then as a senior editor at Business Week. From the late 1960s to the early 1980s, Chris was probably the premier business writer around, the guy who did the tough stories.

“In his early years, Chris was one of the regulator writers for Institutional Investor, an innovative magazine about Wall Street in the 1970s. He specialized in narrative accounts of shennaigans, abuses, and downfalls. He was also a very successful freelancer, contributing to New York magazine, among others. From 1977 to 1985, he headed the Walter Bagehot Fellowship Program in Business and Economics Journalism at Columbia University. I had served as the first director (1975-76) and Soma Golden the second (1976-77). The program ran into financial difficulties during Chris’s tenure, but he fought to continue it and eventually weathered the storm. Now called the Knight-Bagehot Fellowship Program in Business and Economics Journalism, it has just finished its 35th year as a mid-career opportunity for business journalists.

“When I was editor-in-chief of Business Week, I jumped at the chance to hire Chris in the mid 1980s as a senior writer specializing in investigative and narrative pieces. Though he was soft-spoken and always polite, he was a tenacious reporter with a passion to get the bad guys. I eventually promoted him to senior editor in the finance department because I figured his impact would be felt more by having him work with writers every week rather than write a piece himself every couple of months. And I wanted him to teach the next generation of upcoming reporters. Chris took to editing like a fish to water, passing along a lot of knowledge about finance, a lot of wisdom about reporting complex stories. He was respected and liked by his colleagues.

“Like Lou Gehrig in 1939, Chris started losing some of his skills, and nobody knew why. He was eventually diagnosed with early onset Alzheimer’s disease and retired from Business Week. It was a tragedy for him and his wife Nancy, and a terrible loss for all of us. He took business journalism to a new level, setting the bar ever higher for the rest of us. He has left a legacy for all of us to honor.”

Test Case: Capitalism’s Rise in Kazakhstan

Nineteen years after breaking free of the collapsed Soviet Union, Kazakhstan remains one of capitalism’s last frontiers. From its nascent stock exchange in the financial and commercial center of Almaty to the sprawling Abu Dhabi-like construction and institution-building under way in the capital city of Astana, the country continues to seek its footing economically. Its mixture of private enterprise and state direction, together with a benevolent strongman’s rule, would make the place a fascinating laboratory for an economist.

There’s no question that Kazakhstan is the economic powerhouse of Central Asia, the richest of the “stans” and the most politically stable. Its oil wealth in the Caspian Sea has already been staked out by China, Russia and the Western countries, especially the U.S. They covet its huge fields of reserves as strategically vital alternatives to Mideastern suppliers. About as big as Western Europe and far less populated, the country also boasts hefty supplies of uranium and just about every other mineral developed societies need.

And yet, it has a long way to go to be a fully formed modern capitalist state. For one thing, many residents still  live in crumbling Soviet-era concrete apartment blocks that can stink of sewage, and feature dark cement staircases with missing windows and poorly planned and maintained common areas. Our apartments in gleaming, modern Astana would be low-end by South Bronx standards. Lines of trash bins next to playgrounds invite vermin hard by spots where kids play. The play area, surrounded by our five-story apartment buildings, is a vivid demonstration of the tragedy of the commons – overgrown and decaying with apparently no one to maintain it or at least to maintain it well. Similar buildings linger in Almaty, as in this photo of one sprawling tower block. (Click on it to see detail).

But in Astana people live in Soviet-era blocks, spread across the old area of the city, because the apartments were given to them free in the Soviet days. Even now, many can’t afford the stunning new buildings still under construction in the newer parts of the city. That housing is being privately developed and sold. Instead, people borrow to buy pricey cars – Mercedes-Benzes, Lexuses, Range Rovers and others dominate the jammed roads here. One of our guides says Kazakh people like to “show off” and they often go deeply into debt to drive glitzy cars. They also crave glitzy western brand names, as Gucci stores in Almaty suggest.

Certainly, people will occupy those shiny new buildings over time, though. The country is developing a solid middle class of well-schooled professionals, managers and state bureaucrats who will take to the new residences once their resources allow it. If nothing else, supply and demand will drop the prices of the new condos, one would think. The construction, driven by a real estate bubble that popped a couple years ago, still lumbers along, albeit at a slower rate.

It’s hard to imagine, much less portray, the extent of new development, particularly in Astana. The city was rechristened as the nation’s capital only in 1997 by President Nazarbaev, and it has risen into a Disneyland-like sprawl of some of the most ingenious and playful architecture in the world. In the new city centre, as it is called, a glass and steel pyramid rises near towering office buildings shot through with arches and sporting clever overhangs or minarets. Bright pastels reflect the sun. Even amid the slowdown, building cranes still dominate the skyline behind billboards that hawk the luxury living promised by the novel structures. It’s as if the whole place is a World’s Fair.

We visited the Eurasian National University on Thursday. The gorgeous facilities, housing a museum that showcases ancient artifacts of the region’s earliest days and paintings of warrior heroes of old, are part of a university created by the president to train future leaders, many in the ways of the West. The president also set up a national scholarship program that sends young students to study abroad, so long as they return to help modernize Kazakhstan. Leaders in the journalism school at the university asked us if we could host students at UNL and develop an educational collaboration – something that I am sure our folks would be keen to do.

Our meeting was almost like an affair of state. We all gathered on one side of a table of microphones and the J School faculty gathered on the other. My name was printed on a card, as was that of the J School director opposite me. A small Kazakhstan flag stood before him on the table, and a small American flag stood before me. The session began with rather formal speeches of welcome, all run through a translator from the U.S. Embassy. (The embassy is a stunning new building, corner of America behind some tight security. Very welcoming folks there, too).

Soon enough at the J School, we got down to finding common ground. Since my colleague, Bruce Thorson, and I and the Kazakh faculty were all about the same age, we bemoaned the lack of reading by our Internet-driven students and fretted over the future of print. I got the feeling, however, that preparing students to deliver Net-ready material is not on their agenda here – yet. A meeting with a newspaper editor later confirmed this, as he complained of declining readership but also said he hoped the Net wouldn’t usurp print journalism until he was ready to retire. He, too, is ahem, of a certain age.

Yesterday, some of the students and I went to a stunning mosque with a helpful guide who counted herself as a far-too-unobservant Muslim. Men and women prayed together in the mosque, unlike the more traditional mosque we visited in Almaty. I was able to sit with the group as an imam led prayers. And, to the dismay and disgust of our hostess, some women walked in sporting short skirts. Islam light seems to prevail here.

Afterward, we went to the Lubavitch-run synagogue, Beit Rachel. The shul is in a beautiful building that features a gleaming Star of David on its roof, much like churches showcase crosses – and far more showy than most shuls in America. Nonetheless, it is fenced off, unlike mosques, and has a security guard in a booth at the entrance. Much as religious tolerance is the rule here, Jews have reason to be cautious, it seems. There is also a large Catholic church in town. At Beit Rachel, young Israelis urged me to lay tefillin, which I did. We all had imposed on them a bit, with a local TV crew running all about the building filming us as we did our photojournalism there.

On Saturday, I went to services where, sadly, there were just a yeshiva boker who spoke only Hebrew, a couple other guys who spoke Russian and one delightful fellow from Baku, who spoke English. I’m told more people come when the rabbi is in town, but he’s in Israel at the moment. Still, it was fun talking with the Azeri fellow and it was a delight to eat cholent, the first meat I’ve (knowingly) had in a few weeks. We had a pleasant time all around and got an Amidah or two in.

Further on the religious front, a group of us on Friday also visited a pyramid where all the world’s religions are celebrated. Conferences there periodically draw global religious leaders to talk about their differences and similarities. It’s part of the president’s vision for a harmonious world. I’m told the Pope is among major world religious leaders who have stopped by.

Religiously and financially, there’s a sense of freshness and newness about the country. It’s as if it is still discovering itself and its role in the world, even as it celebrates its ancient history. It also needs to carefully walk lines, balancing Russia, China and the U.S., as well as keep religious and ethnic differences from becoming problems. It is enjoying — but must be cautious about — the billions of dollars, renminbi and rubles that have poured into place in the last 15 years or so. Its institutions are hard-put to keep pace.

Perhaps the best example is the Kazakhstan Stock Exchange. Set up two days after the country’s currency, the Tenge, was introduced in 1993, KASE is the home bourse for 121 companies. Like markets the world over, these outfits have been roller-coasting in recent years. After soaring past $96 billion in 2008, the market capitalization of the exchange members plunged to about $25 billion last year before recovering to about $64 billion now. The volatility reflects how interlinked Kazakhstan’s economy is with the world’s. The market is still comparatively small and, though heavily electronic, maintains a cubicle-filled trading floor, as the photo here by Sarah Tenorio shows.

As one might expect, oil and mining companies dominate the exchange. But banking and finance is important, too. And all these outfits rise and fall based on global conditions. The finance sector here went into free fall, with lots of bank defaults, because banks here had borrowed heavily from global banks. Real estate, which boomed in U.S. fashion, collapsed amid overextension, leaving Almaty with lots of unfinished buildings. Luxury homes in a neighborhood called Luxor near the KASE offices were going for $4 million in 2008 and they have since fallen by half that.

Still, Kazakhstan’s mineral wealth should sustain the country as long as the world continues to need oil, uranium and other crucial materials. What’s more, the nation’s leaders are keen to diversify the economy to avoid overdependence on such resources. Tourism, for instance, is an area they would much like to expand. If they can improve their hotels and tourist infrastructure, there’s no reason they can’t make a go of it.

Over time, this country’s development will be fascinating to watch.

Kazakhstan — Day One!

Call it a Kazakh stew (or borscht maybe?) Our opening day yesterday in Kazakhstan was marked by Third World confusion, a string of encounters with police and a short struggle with sleep in an overcrowded apartment I’ve taken to calling our Pink Palace. This was followed by a plunge into a sprawling open-air bazaar (see Travis Beck’s pix right and below and Patrick Breen’s fabulous goat head pix at the bottom of this post), visits to an ill-maintained cathedral-like mosque and a discreet Mormon church, and finally dinner with some really intriguing folks. All this in under 20 hours.

The beginning was anything but auspicious. Shortly after midnight, we all got off a wonderful Lufthansa flight where crisp, cheerful attendants plied us with free wine and spoiled us with us damp towels after surprisingly good meals. (Those efficient Germans have it all over the folks at United). Outside the gate, our hosts met us, bleary-eyed but excited after we’d been in the air or in terminals for over 24 hours straight. (This included a few hours at O’Hare and a couple more in Frankfurt’s airport, which is an overblown Ikea, decorated in bright colors and naked industrial ceilings and equipped with odd little smoking booths). After our endless time “Up in the Air,” we were like kids who badly needed naps but were jumpy from too much sugar.

Then the confusion began. Our hosts – remarkably accommodating and genuinely nice folks who all are Kazakh members of a Mormon church here – didn’t know exactly where our four apartments were. So we set out to find them and the police adventures began. First, our three-car convoy was stopped when we came upon a minor car accident and one of our drivers had to sign papers agreeing to be a witness. Then we were pulled over when another driver made an illegal U turn and was ticketed for it, a 45-minute ordeal. Finally, in two separate groups, we were quizzed on foot outside the apartments and had to produce our documents for curious police who wear really odd up-tilting oversized caps. It all felt very Soviet.

And, ah, the apartments. The first was in a crumbling Soviet-era concrete tower block where the elevator didn’t work, leaving us to walk up nine floors of unlighted steps and broken floor tiles. Thank G-d for flashlights and cell phone lights. A second place was too far away from the others. The final two were decent, though oddly appointed (the Pink Palace, in the “Deluxe” tower, features textured tinted swirls on the ceiling, dotted with little spotlights, and an inner support wall that rises to the ceiling in 10-foot high S curves. Kinda Vegas-y, but we now call it home). It has a wonderful East-facing window that overlooks a hilly stretch of the city.

After shuttling from one apartment to the next in the pre-dawn hours, we decided to change plans. We dumped the idea of four places for the 10 of us – four girls in one, four boys in the other and Bruce and me in one each. Instead, we squeezed into two one-bedroom places. Two of the boys and I share a living room and two of the girls have the bedroom in the Pink Palace. Same for Bruce.

It’s actually worked out fine. As Elizabeth Gamez, Sarah Tenorio and Patrick Breen and I all chatted chummily last night, it occurred to me I’d feel mighty lonely in an apartment by myself. That would be especially true if it was a lot further than just down the hall away from the others. The only downside is we need to be discreet as we stumble around the lone bathroom at shower and bedtime.

Our body clocks are totally screwed up, understandably since we’re 11 hours earlier here than Lincoln. We are literally on the other side of the globe. We got set up in the final apartments shortly before sunrise and some of us managed just about three hours of sleep, if that, before our hosts arrived at noon to take out us on the town. Nonetheless, our visits to the street market and mosque went well. We stopped, too, for lunch in an odd place where they served a deceptively appealing pink lemonade-looking drink that turned out to be an oozy paste made with potatoes. Uck! Pastries were tasty, though.

Dinner was fascinating at the Edom restaurant. Our 10 were matched by 10 or local and expat folks, including a saucy and pleasant BBC reporter, an Uzbek, I think, and her British Al Jazeera stringer hub, a former UNL exchange student and two girlfriends who work for an agency that helps poor kids, a couple Internews gents who work to liberalize media laws here, our driver-translators, a journalism instructor here who hails from Washington state and a few other folks who had some good story-idea advice for us. Talk of politics, disabled-rights activists and the revolution in nearby Kyrgyzstan dominated my end of the very long table.
Some of the folks seemed to like making connections with one another almost as much as with us.

Almaty is exotic, to be sure. In places it resembles photos I’ve seen of Ho Chi Minh City with stretches of odd-looking shack-like houses hemmed in by high sheet-steel fences. In other places, top-flight stores offer pricey designer-name brands but the shops are often garishly lighted with a lot of neon. Signs with racy images of girls pitch perfume and such in English, Russian and Kazakh. The place is an odd admixture of Russian culture (the Russians have dominated here since the early 1900s at least) and American influences, with a touch of local flavor. Internet addresses pop up on billboard ads, showing how small the world is becoming.

Clearly, there is a lot of money here. Fancy new buildings are replacing the tumbling-down Soviet concrete piles that still sprawl three or four stories up on many of the streets. Indeed, a big real-estate bubble here, fueled by easy lending and high oil prices, has gone bust. Our Pink Palace, luxurious by Kazakh standards, isn’t even finished, but people are living in it and renting out places to the likes of us. And the streets are jammed with Mercedes-Benzes, Peugeots and BMWs, along with beaten-up old Soviet cars. We’re told people who can’t afford to buy houses buy status cars instead.

There are lots of trees, lots of Soviet monuments (visionaries gazing into the revolutionary future) and flags marking the recent 65th anniversary of the end of World War II. The war-end celebration, last weekend, was a big deal here, since Kazakhstan contributed lots of soldiers and industrial might to quash the Germans. It also seems to give people a chance to salute the pervasive Soviet influence, which independence has apparently not diminished much. Red Stars and hammer-and-sickle symbols are dotting the city.

The place is heavily Muslim with a dash of Russian Orthodox. Islam here, the Sunni variety, is on the light side, though. When we visited the mosque, the folks there made accommodations for us – Sarah and Elizabeth didn’t have scarves, but they still were let in and allowed to take photographs. First, like everyone we had to go to washing areas in an outbuilding where we were told to use little stalls to wash our ears and tushes, then to another outbuilding where men sat in front of faucets to wash their hands and feet and, if needed, clear their noses. Then we went into the mosque, removed our shoes and were allowed to shoot pictures. Travis Beck and Patrick both shot a fellow outside who complained that they were stealing part of his soul, and then he demanded $10 (which he didn’t get).

Inside, scattered guys prayed. Their style: touching the ears, kneeling, prostrating themselves and then getting up again to repeat the standing, kneeling and prostrating – all that before a giant greenish mural with prayers on it. Overhead, a giant chandelier hung from the high ceiling and the beautiful carpets graced the floor, but otherwise mosques are surprisingly empty places, with no chairs and a curious staircase-structure next to the big mural in the front for the imam to lead group prayers.

On our way back, fortune-tellers spun their tales to individual clients in a wide park-like median strip not far from the big market area. Fascinating place, Almaty. It has the feel of what I imagine New Delhi to be like, with thriving market areas, too many people and cars going every which way. It’ll be a grand spot to spend the next four or five days.

Kazakhstan: The Tale Begins

So today, the adventure begins. We head off to Kazakhstan. E-tickets in hand, bags packed, passports in our secret waistband pouches (designed to never leave our bodies to stave off pickpockets and such). This will be a once-in-a-lifetime trip for eight high-energy journalism students from the University of Nebraska-Lincoln, a colleague here and me.

But what a headache getting to this point. First there was that nasty business in Kyrgyzstan. Even though we had read up on the country, listed stories we planned to tell and developed contacts for them, mapped out a detailed travel plan, etc., the folks there decided to go and have a revolution. It’s that “hopey, changey thing,” I guess, since the economy there was in the Dumpster and corruption reigned. Bottom line for us: fascinating stories there, sure, but it’s a no-go on safety grounds.

So, we’re going next door. We’ll pop in on a country akin in size to Western Europe, a place of forbidding desolation on the steppe and remarkable beauty, in places such as the Red Canyon of the Charyn River. Ah, doesn’t that sound like something out of a fantasy! Just check out the image of Lake Kaindy on the top of this post. Much of the country, in fact, sounds like something out of “Lord of the Rings.” One imagines traveling the countryside like Hobbits on a crucial mission. Certainly, Kazakhstan sounds nothing like the place Sacha Baron Cohen satirized in “Borat,” an image Kazakhs are understandably keen to erase.

We’ve moved fast to get up to the speed on the country. Replicating our Kyrgyzstan research, we’ve reached out to contacts in the last couple weeks, developed tentative story lines and done our best to nail down an itinerary. There will be much to tell: unlike Kyrgyzstan, Kazakhstan is relatively well-off, enriched by natural resources including oil and uranium. It has modern cities in Almaty, the financial capital hard by China, and in Astana, the political capital, more centrally located. Urban wealth and rural poverty should make for intriguing contrasts.

There’s also a ton of history there that influences the place today. As a longtime Soviet Union member, until independence in the early 1990s, the place was a favorite dumping ground for Stalin. The remnants of Gulags endure not far from Astana and Russian survivors of the exile camps and their descendants still live in the area. A bit further from Astana is Semey, a place where the Russians tested nuclear weapons, leaving a population that to this day exhibits the genetic problems and deformities spawned by radioactive contamination. It’s the reason Kazakhstan has renounced nuclear weapons, selling its uranium for peaceful uses, it says.

Politically, the country is run by a former Soviet Kazakh leader who remains remarkably popular. Nursultan Nazarbayev, we’re told, has brought economic stability and a general level of comfort that has some folks calling Almaty the Singapore of Central Asia. While not as free a place as many countries in the West – with restrictions on the press and little political debate– it is nonetheless a thriving state-directed capitalist economy that seems to do right by most of its citizens. It has a stock exchange that I’m hoping to visit in Almaty and its capital, Astana, rose Brasilia-like by design at the instigation of the national leader.

Religiously, it sounds like a fascinating place, too. As far as I can tell, the people follow a modernized version of Islam. We intend to visit Saudi-funded mosques to test this theory. I suspect the radicalism that infects other stans, notably Uzbekistan, is missing from Kazakhstan. It sounds something like Turkey.

We’re not as well-prepared as I’d like to be, though, given the short prep time we’ve had, we’re better off than we might be. We have apartments reserved in Almaty, have made contacts there and in other cities we intend to visit and have a general itinerary. But we will make a lot of decisions on the fly, based on the guidance of folks we meet. Essentially, we will ask where the most intriguing stories are and pursue them. This will be a journalism of discovery.

My colleague, Bruce Thorson, is nonplussed by the lack of a detailed roadmap. His experience in South Africa and Kosovo, on prior reporting trips, involved thorough preparation and then the need to toss it all out once on the ground. As in wars, battle plans prove useless once the fracas begins. We’ll meet folks in Almaty and Astana, he says, who will lead us where the news is. And, indeed, we both have reached out to a good number of folks who are amenable to helping.

So, unless the volcano in Iceland gets in the way – a lingering cloud, ahem, on our route through Germany — we’re off shortly to Omaha, Chicago, Frankfurt and Almaty. We leave in the early afternoon today and arrive a bit after midnight Almaty time on Wednesday. United and Lufthansa will carry us literally half-way round the world from Nebraska. Should be a great ride.

Quotron, E.F. Hutton and the Future of Newsweek


[another piece from the Tabb Forum series:]

For folks in finance, change is nothing new. They’ve long watched technology race ahead and markets shift, long been subject to tectonic changes that left stock exchanges and investment banks to adjust or die. Their world is littered with such relics as stock-quote tapes and Quotron devices, along with fading memories of once-titanic names (remember E.F. Hutton and Paine Webber). Wall Streeters have learned to roll with the punches.

But for those in the media business, change is surprisingly difficult. Newspapers, magazines and even TV networks become “venerable” after a few decades, and they are thought to be immortal, at least by others in the biz. Most of the scribblers who people the offices of the leading media outfits believed – until recently at least – that their institutions would far outlast them. Storied names, such as Newsweek or BusinessWeek, would never go away.

As the Washington Post Co.’s move to put Newsweek on the block shows, however, nothing in any business really lasts forever. Creative destruction is the way of capitalism, whether on the floor of the New York Stock Exchange or in the offices of a weekly news magazine. Newsweek has been eclipsed by the Net, just as the historic role of specialists has been made all but irrelevant by electronic trading. The weekly could easily go the way of Life and Look magazines, pubs done in by TV and the popularization of cameras.

Will Newsweek survive under a new owner? Maybe. Surely, some wealthy character eager to burnish his or her global rep will snap it up for the power and influence it still commands – at least for now. It will likely become a plaything for some mogul, perhaps a Chinese or Middle Eastern potentate, who wants the access to political leaders the media still brings. Almost surely, it will have to be someone who doesn’t mind losing a lot of money on the mag as a tradeoff for the benefits that come along with a big media property.

But will the product be the same? And will it endure? Certainly, a new owner would make a mark on the magazine, for good or ill. In Newsweek’s case I fear that it will be for ill, since the folks there now have a pretty good idea of how to produce a quality newsweekly. Adding to what they already do well – or, more likely, cutting – could be problematic. The people there now are pros and tinkering with their approaches seems doomed to come to grief.

Of course, it all depends on the owner. Bloomberg bought BusinessWeek last fall and, so far, has managed to make some notable improvements. The editors, by reaching into BW’s past and adding some nifty contemporary touches, are turning out a product that boasts of lots of promise again. It’s a far better book than the thin glossies that have marked the last few years. Editorially, Bloomberg’s market-savvy journalists add value, and the parent’s financial backing may just see the pub through until advertisers want in again. However, it’s an open question whether BW’s cachet and exposure to 4.5 million readers – taking the Bloomberg name to more places than the outfit reaches through its 300,000 terminals – will need to be underwritten forever.

Newsweek is a tougher case. So many news organizations are so hard-pressed that it’s tough to see which could be a natural buyer. The synergy issue is crucial. And non-news owners – the moguls – may tire of their toy quickly, especially if they add no real value. Worse, its readership could fast erode, as the Net’s inexorable march proceeds. Yes, the staff will produce versions for the iPad, Kindle or Nook that readers can buy. But will the public want the book even then? While BW does add value for a specialized audience – folks in the capital markets can attest to that – Newsweek by definition serves a broad audience. The mass market seems far less interested in its kind of journalism anymore. Instead, it prizes immediacy and multi-media approaches.

In the end, imagination and technology will dictate the future for people in finance and media alike. The adjustment can be brutal – just ask the scores of talented people BW and Newsweek have lost in the last couple years. Or ask all those bright folks who once populated the mighty investment banks that no longer stride the earth, gone the way of the dinosaurs. Standing outside the process, it becomes clear that the public is better served after the system’s creative destruction has reshaped things. But, now, in the middle of it, it’s hard to see little but rough road ahead for a while. To the good folks of Newsweek, godspeed.

Bright Shiny Thing


Gary Kebbel, one of four candidates for the deanship at the J School at Nebraska, has a fetching idea. Since journalism is moving in the direction of the mobile device – with the iPad as the newest platform – why not turn our college into the national center for mobile media?

Kebbel’s vision is entrancing. He would bring together computer programming folks from other parts of the university with business-school folks and our faculty and student journalists to develop new apps so our budding reporters could serve readers on cell phones, iPhones, iPads and other yet-to-be-developed devices around the globe. Our student journalists would learn to write, film and photograph for such devices. And we could partner with newspapers, magazines, TV networks and other media outlets to commercialize the work we do (and hire our grads).

And Kebbel, who visited us yesterday, brings some street cred to the vision. He has reviewed and approved tens of millions of dollars in grants about such novel work in the journalism program at the grant-making Knight Foundation since January 2006 (program director since early 2008). He worked as news director at America Online, helped created USAToday.com and Newsweek.com and was a home page editor at washingtonpost.com. He got his start in small newspapers in upstate New York.

For us, he would bring a clear sense of what the cutting-edge folks in the field are doing to serve the journalism of the future – or, at least, what seems likely to be a big part of tomorrow’s media. He would also bring access to money through his foundation connections. And his outlook dovetails with that of the top administrators here at the University of Nebraska-Lincoln, who are creating an entire campus, the Innovation Campus, on the longtime site of the state fair. Technology is key to the university’s future, our leaders rightly believe, and they would turn UNL into a beacon in the Silicon Prairie.

Kebbel, an energetic, likable and motivating sort, would turn the J School into the brightest bulb in that beacon. He would give our school national bragging rights to what could prove to be the key delivery systems for media in the future. And this, he believes, would attract bright students and faculty from around the country. It would put Nebraska on the map alongside schools such as Columbia and Missouri. (He’d like to beef up our master’s program, letting us compete better with such schools, with Berkeley, UNC, etc.)

For many of us who are steeped in the old media, however, the vision is as much as a challenge as an opportunity. We do a good job teaching students how to write, report, photograph and film for print and broadcast. We are used to magazines, newspapers, TV and radio. We each bring backgrounds in one or more of those arenas and a few of us have multi-media experience that brought those different platforms together. Still, we do tend to teach for those media as we know them (focusing on their traditional approaches even as we nod to the dabbles they make in the online world).

So how do we now get our heads around journalism for the mobile media? What skills will we need to add to our repertoires to push students into those areas? And what can we learn since we don’t know yet exactly what the mobile media will need? Some things seem obvious, such as teaching kids to write shorter and produce video that works well on the small screen. But we don’t even know yet what we don’t know.

To be sure, we’re all earning our multi-media spurs. I’m a lifetime print hound and was lucky enough to develop a touch of online sakel through BUSINESSWEEK.com. I’m now honing my skills in doing slide shows, using still and video cameras, and putting material on the Net. (I must, since I team-teach two multi-media courses with broadcast veterans. In one, students create stories for our website, NewsNetNebraska.org.) We all are laboring to integrate our schooling of the basics of journalism – clear writing, thorough reporting, fairness and accuracy – with technology in our classes.

Frankly, it’s a lot for us and for students to learn. Already, we grouse that students don’t get enough time and practice on the basics of reporting and writing. Those basics must be covered, whatever delivery system they use. We need to add more reporting and writing courses to the loads they carry, even if that conflicts with the rules that limit their journalism course-loads so they can study such areas as English, History, Science, etc., to get a well-rounded education.

If Kebbel does move into the corner office, he will surely bring an appealing focus to the school. His vision is almost certainly right about the delivery systems of the future (though I believe print and broadcast won’t disappear for a while yet, and skills such as compact writing, eye-catching layout and organization matter even more in the online world). But he must make room for the basics. If our students don’t master the essentials today, they won’t get the chance to serve up news on the beeping bright shiny things we’ll all be carrying around tomorrow.

Darndest Things


Kids say the darndest things.

If I mentioned that Linkletterism to the college juniors and seniors in my classes, I’d get a blank look or worse. First, they would have no clue who made the phrase famous. Worse, they wouldn’t want to be called kids, even by someone with three kids all a smidge older than they are. More to the point, they wouldn’t want me to treat their thoughts so offhandedly.

Indeed, there’s no way I could treat what they say lightly. Early each semester, I ask students in my magazine-writing class to do a short autobiography. I’d like to get to know them a bit and see how well they write. Usually, I get far more than I bargained for. These kids, it turns out, come with baggage.

“I was born in Bethlehem,” one young fellow writes. “Not the one you’re thinking of. Not the one with mangers, wise-men or Saviors. Rather, it’s a ratty industrial town in Pennsylvania whose sole claim to fame is the Philadelphia Eagles training camp at nearby Lehigh University.”

From there, my student says his chief desire is “to avoid the fate” of his parents. He doesn’t want “to be doomed to live decades with a person I don’t really like to simply avoid being alone.”

Then there’s the promising young lady who attended the same all-girls Catholic school as her mom, an Indian immigrant. “I was only 14 years old when my mother received a phone call from my principal telling her I was being expelled from school for being gay,” she writes. “It wasn’t my ideal ‘coming-out’ story, considering I had never brought up my sexuality with my family before, and equally, the repercussions were not ideal.”

And there’s the bright guy whose dad developed such severe obsessive-compulsive disorder that he lost his job, couldn’t drive for fear of killing someone and flipped light switches hundreds of times. “I couldn’t handle people thinking I was living in a comedy when in reality, I was listening to my mother cry herself to sleep in the spare bedroom,” the fellow writes. “I had to stop playing baseball because we couldn’t afford it and I didn’t have anybody who could drive me to practices.”

Whoa, brother. The pieces tear my heart out. I’m not sure whether to reach out to a school shrink to get in touch with the kids (or perhaps to counsel me on how best to take in such life issues). Certainly, Art Linkletter’s kids raised no such problems.

But, after talking with other faculty here – and listening to my own inner counsel – I do what I believe journalism instructors should do. I look at the revelatory work as pieces of writing. Does the writer make his or her points well? Does the piece hang together? Does it invite readers in, set a nice table for them and give them a solid meal? Are there good ledes, nut grafs and kickers? Painful as the accounts may be, do they paint a true and accurate picture? Does the writer do the job with grace and wit?

Today, I put parts of such pieces on the screen for the class to discuss. I read aloud or paraphrased some sections, praising them for their color or nice turn of phrase. I got excited about the anecdotes they sketched out. Unless I had their permission, I didn’t say who had written the more personal material. I kept that anonymous, or at least as anonymous as it can be since the students peer-edit each other’s work.

Like any reader, I prize an honest and thorough account of challenges someone has faced. I encourage the students to tell their stories well, of course, and I’m enormously pleased when they do. But I must admit that I’m pained by their tales, and grow to like them for their candor. It’s real life, folks, and that can be tough. I also wrestle with the temptation to grade them more for honesty than style or organization, something that takes a challenging dose of hard-headedness.

The fact is, as I tell my students, that everyone carries baggage. As we get older, we learn how to hide it better, I suppose, or it becomes less of a burden. It’s because they are kids, I suspect, that they are willing to share so much of what weighs them down now with a stranger, some guy at the front of the classroom who they barely know but who aims to make them better writers.

So is teaching an easy job? Not always. Is it worthwhile? Absolutely.

The Debut

This blogging business is all new to me. But then so much in my life now is all new, as well. New house, new town, new job. That’s why this effort at an Internet journal could be intriguing. Certainly, it will be novel.

In August, I left the world of working journalism for the world of the academy. After 22 years at BUSINESS WEEK and 13 years at other pubs, I put in my last day as a paid reporter — as chief of correspondents for that wonderful pub in the end — and joined the University of Nebraska as an associate professor. As I left Chicago for Lincoln, I took up the art of teaching journalism to fresh-faced undergrads. I did so all too well aware that my field is undergoing some of its most wrenching change ever.

I’ve learned a lot in just one semester already. For one thing, I’ve come to take a longer view, as academics are supposed to. That means seeing that change is actually the norm in journalism. All the Internet-driven and recession-pained ferment of late seems to many to be something terribly new (and terrible, in fact). And yet, newspapers and magazines have been rising and falling for decades, if one takes in the long sweep.

Evidence of that? Time was, not so long ago, when cities such as NYC and Chicago had a half-dozen dailies ferociously competing for readers. Along came radio and TV, and the numbers shrank. As for magazines, remember Look and Life? They soared and flamed out, like so many other pubs. Journalism, in fact, has been a field in tumult ever since print was put on paper and sounds and pictures thrust into the air.

Now, does the Internet change things even more? Well, it certainly accelerates change. I can’t recall a more unsettling year in the history of newspapers as this past one, for instance. So many gone. The change is certainly horrendous for people thrown out of work, as over 100 of my colleagues at BW were when Bloomberg bought the magazine a few weeks ago.

But, taking the long view, what the Net has wrought is not unprecedented. To cast things in a personal light, of the four media organizations I worked for since my college days, two were sold and continue to publish — The Home News in New Brunswick, N.J., now a Gannett newspaper, and BW. Two others died — Dun’s Business Month, which perished years ago, long before the Net, and, as of this year, the Rocky Mountain News. I personally have seen both Net-induced ruin and change that has nothing to do with the medium.

The Net seems to be doing for media (and information generally) what the printing press did when it debuted. Does the term “sea-change” get at it a bit? And yet, Gutenberg opened vast new opportunities. So, too, will the Net.

Over their careers, my students will be writing for both new and old media. My job now is to prepare them for that world, an already-fascinating realm and one that is rich in creativity. Over time, I believe, this world will prove at least as lucrative as print journalism was (never so much as other fields, but not bad. The compensation has always been such intangibles as access to all tiers of society and a heck of a lot of fun, adventure and, for some, even danger. The latter prospect is the kind of thing that gets a young person’s juices going; strange thing, isn’t it?)

So my purpose in this blog is to chart the changes I see. Along the way, I will share stories from my new life as an academic. For an ink-stained wretch, the world of leather elbow pads and chalkboards is wholly new and intriguing. (Actually, it’s more like a realm of rumpled sweaters, computer-aided visual displays with overhead projectors, and whiteboards). I aim to share this new world with whoever out there may stumble upon this space.

I hope this effort proves as entertaining and informative to readers as I expect it will prove to me.

JW