Guardian – Godinterest

Everyone wants to be a success. I have never met anyone who purposely set out to be a failure. Undoubtedly, this is why so much has been written on the topic “How to be a Success” and why these books are so popular.

However, The New Day daily newspaper closed just nine weeks after launching, Trinity Mirror confirms.

The New Day was a British compact daily newspaper published by Trinity Mirror, launched on 29 February 2016. It was aimed at a middle-aged female audience and was politically neutral. The editor, Alison Phillips, intended readers to get through the newspaper in under 30 minutes.

The new paper was initially available for 25p for two weeks, then rising to 50p. Two million copies of the New Day was given away on the first day, as the turquoise-branded upstart attempted to spark a revival in readership and gain ground against the mid-market Mail and Express offline.

Arrogance about their own ability to rescue a situation can prevent leaders from changing course

The New Day had no leading articles, no website, and columnists and believed it could successfully drag readers back to print? The sad truth is that it did not attract enough attention and failed to create a daily newspaper that could co-exist in the digital age, especially as tabloids and broadsheets continue to suffer a significant circulation decline.

Shareholders at Trinity Mirror’s annual meeting called the failure “demoralising”. Analysts said it was “embarrassing”.

Assume for a moment that the leaders of The New Day had no idea about the changes swamping the print media as a result of the digital revolution, and carelessly decided to invest millions into the venture without undertaking a risk assessment and also decided to ignore every indication that the paper was failing. That would have been embarrassing and demoralising.

However, the leaders decided to fail quickly and shut down the project they started.

Abandonment is a rare, difficult and a valuable management skill. The natural instinct of most people is to persist, particularly when the project is a collective commitment, as most corporate ventures are, but then it becomes even harder to hit the red “stop” button.

The New Day’s editor, Alison Phillips, said in a statement posted on Facebook that the team “tried everything we could” but were unable to reach the figures needed to make it work financially.

We dread failure. We don’t like talking about it. Some of us will internalise and rethink our failures in our heads time and time again. Others will swipe them away, moving onto the next thing immediately. In the public, we prefer sweeping our failures under the rug, silently, while nobody is watching.

While this might save our feelings momentarily, this is not the way learn and innovate.

According to Albert Savoia – ex Googler and innovation expert, most project innovations will fail.

“Most New Things Will Fail – Even If They Are Flawlessly Executed.” – Albert Savoia – Ex Googler

Does this mean you should stay away from trying new things (and failing in the process)? Certainly not. It just means you need to accept failure will inevitably be a part of the process.

In most cases, however, a combination of arrogance about personal ability to rescue the situation and blindness to the lengthening odds of success stops leaders from changing course.

The natural lifespan of most projects is finite, and the rarities are companies that survive.

The Art of “strategic Quitting” Will Become More Important as Careers Fragment and Companies Exert More Discipline

So if an idea is doomed, organisations usually treat the person who pulled the plug early on as a hero right? Not exactly, it’s complicated.

Roy Greenslade, Professor of Journalism at City University London, wrote a report in The Guardian explaining how The New Day had failed. He pinpointed the error of marketing a newspaper to people who inherently despise newspapers, and the short period of time between the announcement and launch, leaving no time to advertise the product. It was also published early in the evening thus missing out on late-night breaking news such as Leicester City F.C.’s shock win of the Premier League.

“Nothing so powerfully concentrates a man’s mind on innovation as the knowledge that the present product or service will be abandoned in the foreseeable future.” – Peter Drucker

The first thing the Bible wants to say is that all of us have failed. None is without failure. If you think you haven’t failed, two things are true of you. One is you are blind to your failures and the other is you probably haven’t taken enough risks to try enough hard things so that you would be aware of your failures.

Peter Drucker’s influence on business management is legendary. Peter realised that “systematic abandonment” a regular, unsentimental spring-clean is critical to the fostering of new business ideas.

Conclusion, every organization needs to have a regular “rummage sale” to determine which products, services, and programs are worth keeping and which ones must be abandoned.

London hasen’t reached the density of Hong Kong, but it’s certainly heading that way as the cities population continues to expand. The “London Infrastructure Plan 2050″ aims to tackle the problem and outlines the spending needed for the capital to remain one of the world’s leading cities.

London Mayor Boris Johnson Has Said £1.3tn of Investment Is Needed over the next 35 Years in Order for London to Retain Its World Class Status

“This plan is a real wake up call to the stark needs that face London over the next half century. Infrastructure underpins everything we do and we all use it every day. Without a long-term plan for investment and the political will to implement it this city will falter.”

London School of Economics Professor Tony Travers Said: “the London Infrastructure Plan Is a Necessary Step Towards Understanding the Needs of the ‘10 Million City’ Which London Will Soon Become.

Transport is the biggest focus of the “London Infrastructure Plan 2050” as the population hit 8.5 million in 2014 the largest it has been since 1939. By 2050 it is predicted to exceed 11 million, growing at a rate of 41,000 a year.

Some infrastructure project proposals are already in development, others may not be approved at all, however, these are some transport developments suggested for London by 2050.

Bridge House, Croydon

1. Air con on the Tube, £900m

It was find in the beginning, in fact, conditions were so pleasant in 1906 that the city proclaimed the underground ‘The coolest place in hot weather’. But that was before deep lines and millions of passengers.

Better Late than Never, London’s Tube Is Getting Air-con

In summer, temperatures on parts of the London Underground can become very uncomfortable due to its deep and poorly ventilated tube tunnels: temperatures as high as 116 °F were reported in the 2006 heat wave. New Tube trains, which allow better access for customers, are being rolled out on the Circle line as part of the introduction of 53 new trains on both the Hammersmith & City and Circle lines. By the end of 2016 there will be a total of 191 walk-through, air-conditioned trains covering 40% of the Tube network running on the District,Circle, Metropolitan and Hammersmith & City lines.

2. Inner orbital tolled tunnel, £15bn-25bn

Mayor sets out plan for 22-mile ring-road tunnel under London, which is considered by many to be one of the most ambitious infrastructure scheme ever proposed in the city.

The tunnel will cost an estimated £30 billion to construct and will remove tens of thousands of cars from the crowded streets of London and avert traffic gridlock. With subterranean dual carriageways linking key routes, from the A40 Westway to the A12 in the east, and the A1 route north to the A2 running south.

London Major Boris Johnson, who commissioned work to develop the idea, believes it could dramatically improve quality of life for residents. He said: “I would love the views of Evening Standard readers on this. There are big arguments in favour. There are obviously arguments against.”

Transport for London is working on the concept.

Transport for London

Transport for London has invited Alstom, Bombardier, CAF, Hitachi and Siemens to tender to supply 250 new trainsets for the London Underground

Transport for London

3. Northern Line extension, £1bn

Works commenced on London Underground’s £1bn Northern Line extensionfrom Kennington to Battersea via Nine Elms in the UK in 2015.

Tunnelling work is scheduled to start in early 2017 and will take six months to complete, while the project is expected to be completed in 2020.

The project will reduce journey times to the West End and the city to less than 15min.

4. Cycle Super Highways, £2bn- £4bn

London’s New Superhighway Linking East and West London Will Open on 30 April, Says the Capital’s Mayor Boris Johnson

The route, which links Barking, Canary Wharf and Tower Hill to Westminster, will open less than a week before his term is set to end.

Chris Boardman, the former Olympic champion and policy advisor to British Cycling, said: “This YouGov poll shows us, yet again, that the vast majority of the public want to see more cycle tracks on main roads.

“If this kind of evidence isn’t enough to give politicians and transport authorities the confidence to act, I don’t know what is.”

Last month, Boris Johnson pressed ahead with plans for three cycle superhighways.

5. Bakerloo and Overground extensions, £2.5bn-3.5bn

The extension of the Bakerloo line could help regenerate South East London from Old Kent Road to Catford, improve routes into London and relieve congestion on the main rail services into London Bridge.

6. Crossrail 2 and 3, £23bn- £30bn

TRANSPORT chiefs say it is “full steam ahead” for Crossrail 2 after the Government made an £80million pledge towards the project – but it will be months before passengers find out if a station will be built at Balham or Tooting.

Construction work is due to begin on the rail link in the early 2020s, which would enable the service to be operational by 2033.

7. New Stations, £500m and 24/7 Night Tube service

New stations at Cricklewood, Beam Park in Rainham and Thames Wharf could be built to support redevelopment in these areas. It has also been claimed that night services on the Piccadilly, Central, and Northern Lines are then due to start in September, with all major lines being served by the weekend night tube by September 23.

8. Another channel tunnel, £1bn

The “London Infrastructure Plan 2050″ suggests an additional cross-channel rail tunnel would provide high speed links from the UK to the rest of Europe for passengers and freight.

9. 13 new crossings in London, £1-2bn

The vision for east London includes 13 proposed new river crossings include Gallions-Thamesmead, Belvedere-Rainham, Woolwich- Royal Docks to replace the Woolwich Ferry, as well as the Silvertown tunnel.

Boris Johnson states “By creating more links between the north and south of the river, we won’t just improve day-to-day travelling across the capital, we’ll unlock areas for development and create thousands of jobs and homes.

Rotherhithe to Canary Wharf: Pedestrian and cycle bridge (feasibility).
North Greenwich to the Isle of Dogs: a passenger ferry linking North Greenwich and the Isle of Dogs (Blackwall) (conceptual).
Silvertown tunnel: Twin bore tunnel connecting Silvertown on the north side to the Blackwall Tunnel Approach on the south side (preparation).
Charlton: a passenger ferry crossing linking the Royal Docks and Charlton Riverside (conceptual).
Crossrail: New rail line linking Woolwich with Custom House and onward to Canary Wharf, central London and Heathrow Airport (construction).
Gallions Reach: Multi-modal crossing linking Thamesmead with Beckton along a safeguarded alignment (consultation).
Belvedere: Multi-modal crossing connecting Belvedere with Rainham (consultation)
Barking Riverside to Thamesmead: London Overground tunnel extension from Barking Riverside to Thamesmead (conceptual).
Lower Thames Crossing: New road crossing linking Essex and Kent (progressing).
Diamond Jubilee: Pedestrian and cycle bridge linking Fulham with Battersea (planning permission granted).
Crossrail 2: New railway line connecting Hertfordshire and Surrey via central London and providing a new cross river link between Victoria and Clapham Junction (consultation).
Vauxhall, Nine Elms and Battersea: Pedestrian and cycle bridge (feasibility).
Garden Bridge: New pedestrian crossing linking the South Bank to Temple station (planning permission granted).

Thames Estuary Airport

10. Thames Estuary airport, 18bn-25bn

A new Thames Estuary Airport has been proposed at various times since the 1940s. Economic considerations have ruled out a new coastal airport, while political considerations have ruled out a new inland airport, leaving planners with an as-yet-unresolved dilemma.

‘Bizarre proposal’ states Rehman Chisthti, MP for Gillingham and Rainham “The airport in the estuary was not the right thing do so we all worked together to oppose it. It’s really good news and we’re really pleased that common sense has prevailed.”

However,Boris Johnson refloats idea of Thames Estuary airport 18 months after it was rejected by Airports Commission. Mr Johnson believes a hub in the east of the capital would offer around double the number of long haul and domestic routes served by Heathrow while exposing 95 per cent fewer people to significant aircraft noise.

‘Grain isn’t the answer’ states Rodney Chamber, Leader of Medway Council “We have said all along that it should never have even been considered as it would have resulted in the mass destruction of habitat and wildlife that could never be replaced.”

Tag: Guardian

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