FROM A FILM CAMERA AND WE KNEW HOW MUCH MONEY WE MADE ON FILM” “THAT WAS THE ARGUMENT. OF COURSE, THE PROBLEM IS PRETTY SOON YOU WON’T BE ABLE TO SELL FILM — AND THAT WAS MY POSITION." Kodaks First Digital Moment http://lens.blogs.nytimes.com/2015/08/12/kodaks-first-digital-moment/
Post and The Dominion, consolidates print and distribution INDEPENDENT NEWS LTD BLUNDELL BROTHERS 1865 prints The Evening Post The rise and fall of the newspaper business
titles STUFF.CO.NZ acquires INL’s print publications FAIRFAX MEDIA LTD 2005 reaches peak in US at around $50 billion ADVERTISING REVENUE 2011 goes live ANDROID APP 2010 iOS APP goes live The rise and fall of the newspaper business 2007 Advertising revenue goes off a cliff FINANCIAL MELTDOWN
LAUNCHES A combined authoring platform allows journalists to use one tool to publish to digital and/or print ADVERTISING REVENUE has halved in US to $25 billion 2012 2013 Plant consolidation and improvements cost $20 million PRINTING PLANT 2011 The rise and fall of the newspaper business
2007 2008 2009 2010 2011 2012 2013 2014 Print ad revenue (US) Digital ad revenue (US) Google ad revenue (global) The rise and fall of the newspaper business
in small 12 person Agile teams. Not because they wanted to be “Agile” but because that’s what gets the best result for the client Customer engagement Digitised solution Uber provides a digital solution that makes getting from A to B simple & safe
syndicated to any publication but with digital being the primary concern We’ve built a software platform that supports this end-to-end This allows us to be leaner in our production costs. It’s our “operational backbone”
new ideas to improve membership and commercial - validate early and often - build, measure, learn - encourage collaborative, innovative thinking - metrics driven culture
0 million 1 million 2 million 1.47 million unique browsers 1.85 million unique browsers MAY 2016 0 million 1 million 2 million 2.025 million unique browsers
it nothing happens… except we tracked you wanted to push it Button to nowhere The Wizard of OZ It looks like it’s fully working, but don’t look behind the curtain.
DRILL. THEY WANT A QUARTER-INCH HOLE” CLAYTON CHRISTENSEN By World Economic Forum from Cologny, Switzerland CC BY-SA 2.0 via Wikimedia Commons (saturation adjusted)
H E F U T U R E Disruptive innovation By Clockready (Own work) CC BY-SA 3.0 Katherine Viner, The Guardian, 12th July 2016 By Wilgengebroed on Flickr CC BY 2.0 via Wikimedia Commons
to accelerate • Organisations should consider restructuring to adapt to the rate of change • Lean startup “experiments” are going to help • You might need a seperate R & D dept to look for new revenue streams
Consumer products Nonprofit Business & professional services Education Health care Asset wealth management Industrial 0 25 50 75 100 61 57 53 50 49 48 48 47 43 43 39 36 28 39 43 47 50 51 52 52 53 57 57 61 64 72 SOURCE: Digital Pulse 2015, Russell Reynolds Associates % executives who responded that their business would be moderately or massively disrupted by digital