Business Awards rigged?


K at “Don’t trust the Indian Media!” posts an email apparently from the Outlook Money editor Monika Halan that lets the cat out of the bag about business awards. It states:

The OLM Awards are being used to fulfil the advertising goals of
the Group. In fact, we were all part of the meeting where we were told
that the award should have gone to LIC despite it not making the cut
since it is a large company with many readers as policyholders. In a
subsequent mail from the President, I was told that the concern is
that LIC has withdrawn all ads to the Outlook Group. I see it as a
clear conflict of interest between ad and edit, especially since edit
has sincerely worked on the awards in an attempt to make them the most
unbiased awards in the country — and for which we involved eminent
market professionals like Dr R.H. Patil of CCIL and Ravi Narian of
NSE.

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About Gautam

Gautam is a HR professional interested in how emerging technologies are impacting work, careers and organizations.

Posted on January 15, 2009, in DesiPundit, media and tagged , , , . Bookmark the permalink. 2 Comments.

  1. ‘Baseless And Defamatory’
    Full text of a statement issued by the Outlook Group on January 19, 2009 in response to an e-mail letter from former Outlook Money editor Monika Halan that is currently doing the rounds:
    Outlook Group on Monika Halan
    | e-mail | one page format | feedback: send – read |

    In its 13-year history, the Outlook Group has earned an industry-wide reputation for editorial freedom and integrity.

    Monika Halan’s insinuation that “the Outlook Money Awards are being used to fulfil the advertising goals of the group” is baseless and defamatory.

    1. The Outlook Money awards have been in existence for the past seven years. Monika Halan herself has been on the jury in earlier years and has had no occasion to find fault. The marketing side of Outlook is not part of the jury; the editor always is. The OLM awards in contention were handed out in October and the editor’s resignation has come in January, which tells its own story. Moreover, LIC was not the winner of the 2008 awards; SBI and ICICI were.

    2. The Outlook Group takes great pride in having successfully kept the editorial side of the operations separate and distinct from the business side, while pursuing the group’s editorial and commercial goals in harmony. We treat the allegation of “direct management intrusion” in editorial matters with the contempt it deserves.

  2. Full text of a statement issued by the Outlook Group on January 19, 2009 in response to an e-mail letter from former Outlook Money editor Monika Halan that is currently doing the rounds

    http://www.outlookindia.com/full.asp?fname=media&fodname=20090119&sid=1

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