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business art technology

Developments from
electronic and interactive media
group work documentation

Presentation September 25, 1997


Yong Managers Program

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Imaginary Organizations

Group 1, led by


Charlotte Wiström-Ruuska

Picked 1 and (4)

Group 2, led by


Jørgen Klafstad

Picked 1 and 3

Group 3, led by


Mette Kaargard

Picked 1 and 2

Big debate about who is in control in doing what within Egmont. Is it bottom up versus top down. Are there good ideas, is there internal support. Where is the strategy. Where is our intranet.


1. Product Development

     


2. Marketing/Distribution

    + Opportunity to now customers,
cookies, habits, register activities

- You don´t know the market

- You only hit a small number of existing customers, maintain other media

- Small barriers to entry

Copyrights?

What you are looking for are well known brands, but agents might change that


Have to be advantage to make people change habits, like Amazon. Know media

Large investment for customers, buy computers, learn stuff


You don´t need distributors

Taxes, gvmt regulations


Could not agree on when

How, magazines and online. Advertising, funding from TV companies we sell to.

People don´t like adverts, might be able to sort that out


3. Organization

  For the Egmont group

Unprepared

No strategy

Not enough resources allocated

Management too old
- Mentally
- Generation gap

Someone commented about the 40% of all revenue should be on electronic - too wide

Freddie asked if Jørgen is prepared, replied he think so.


Skills needed
- Ability to have interactive media at home and work
- Motivate stimulate people
- Reflect interactive media support from top mgmt
- Interactive school forced to reflect monthly reports

The question is: is there not support within Egmont, some believe Yes!

BUT, you have to have a good idea.

 


4. Finance & Accounting

Royalty and IP rights, we don´t own. How do we pay. Example article going online. We solved it case by case

Reinvest money for strategically important projects

Strategic alliances to spread risks

Could be a problem, because we cannot attrackt new stock money. We can borrow money, buy companies.

It can be an asset, but also a marketing cost. Maybe cost now, but in the long run as an asset.

   

Updated 1997-09-25