The established Master of Ceremonies of the Business Review Awards Gala, Colin C. Lovering, opened the 2021 edition with an impactful speech through which he offered his congratulations to all those who managed not only to survive the past 15 months but also to skilfully navigate these uncharted waters and steer their ships towards more welcoming ports!
While many competitive countries stood still and waited, the Romanian business community took the time to Understand, Calmly react, and continues to learn vital lessons from the rapidly unfolding events over the last 15 months.
All of those unanticipated twists and turns triggered by each news announcement triggering, in turn, many different opinions and actions and, in some cases, internal challenges.
Speaking of news, I want to take a moment to personally congratulate the BR team for delivering consistently and honestly during this period and to those of you in the room and online today who have contributed their thoughts and advice along the way.
Social media, as we all know, had and has a major influence in today’s world. If I post today that all the elephants in the world are now PINK, there is a strong chance that some people will believe it, give me a big thumb and probably share it.
News organizations often reactively focus on what’s new rather than the big picture, and they sometimes don’t distinguish between hard facts, soft facts, and speculation.
Yesterday’s news is likely to frame how your organization thinks about a situation or decision today.
When exposed to fast-changing information, be it a new technology, legislation, or another emerging crisis, we have a systematic tendency initially to overlook weaker news signals, then to overreact to those more dramatic emerging issues before we eventually take a more calibrated view.
As we absorb the latest news, we need to think more critically about the source and authenticity of the information before acting on it.
So, my thanks and congratulations to Business Review for raising the bar in the daily trust, accuracy, and reliability that we need more than ever.
Colin C. Lovering