Technology and demand for content are disrupting the entertainment business and making life tougher for other content creators and the middlemen. Maybe you can learn how to change your own business model before time and circumstance make if a matter of life and death by absorbing the lessons of those who are already fighting a pitched battle to remain relevant. Anticipating changes is better than reacting to changes.
These two short articles from Fox Business and the New Yorker outline how Netflix’ creation of a business model focused on content creation has driven its stock price up by 300% since January 2013. Another Fox Business report looks at what HBO is doing to cut out the middle man (i.e. the cable companies). Do you create anything or just distribute and how likely are you to be cut out?
Now ask yourself, Am I a Leader?CATEGORIES: CEO, Change, Critical Thinking, Innovation, Leadership, Strategic Planning