Explaining the Business of Entertainment
(To read previous “themes”, click here: Theme 1: It’s Not Data, It’s Decision Making Theme 2: It’s Not Value Capture, It’s Value Creation) Imagine an officer in the military addressing his troops. The time period doesn’t matter, be it the Peloponnesian War of ancient times or the Iraq War of
When I wrote “Theme 2: It’s Not Value Capture, It’s Value Creation” last week, I made things seem really simple. Probably too simple.That said, I hold to my core point: most businesses could benefit by pulling out that chart and answering three simple questions, “What price do we charge customers?”
Last time I wrote about the “themes” of this blog, I waxed poetically about making decisions. I loved this point I made near the end: “Salary in an organization is determined by the value of the decisions you make. If you’re decision is, ‘Do I empty this trash can?’, you
The big buzzword in business is still “data”. Or better yet, “big data”. Or more complicated sounding, “analytics”. Better than just analytics is “advanced analytics” which is like analytics but more advanced. With all that data, a bunch of “algorithms” are figuring everything out. Take your pick. Sure other trends
Before I start writing on a new project, I often feel compelled to explain myself. Why am I putting my words to paper (or coded into bits, since you’re reading this on the web)? Why are my words worthy of your time to read? Why do I want to get