Module 2 Unit 3 NY Times Alternatives – Group Assignment Templates

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Presentation transcript:

Module 2 Unit 3 NY Times Alternatives – Group Assignment Templates Strategic Thinking Module 2 Unit 3 NY Times Alternatives – Group Assignment Templates

Industry Evolution (last 5-10 years) Perceived Value Use the Industry Evolution template to describe the key business models used in your industry over the last 5-10 years Delivered Cost

Business Model Grid (1-2 competitors) DIMENSIONS PIONEERING OFFERING VOLUME EFFICIENTY SEGMENTED OFFERING PROCESS EFFICIENCY INTEGRATED OFFERING MODULAR EFFICIENCY CO-CREATED OFFERING ECO EFFICIENCY Value Proposition Prototypes, experiments Dominant design standards Quality, features, design Quality/low cost Customized solutions/experiences Rapid customization Create & benefit Eco-sustainability Valuable Customers Early adopters Mass market Market segments Customer service needs Client consulting/touch points Global varying local/personal needs Innovators Customers who value sustainability Value Delivery Organization: Organic Functional Divisional Process Diverse teams Linked platforms Organizational networking Boundaryless/ integrated Operations Craft Assembly, mass production Multiple production lines Value chain management Project based Global inter-changeability Open platforms Life cycle value delivery Culture Entrepreneurial Systems & procedural Brand Continual improvement (Kaizen) Integration of silos Speed-based culture Collaborative pioneering Societal partnering Information Implicit Codified Market driven information Employee involvement Learning organization (internal) Online learning organization (external & internal) Rapid sharing Externality costing The Business Model Grid describes in greater detail 8 vertical business models, which evolve from left to right. Across each of the horizontals identify which of the models their 1-2 most dangerous competitors are operating (use different colours to differentiated each competitor). If you believe they operate more than one model, choose the model that mostly corresponds to them. Across each of the horizontals identify where The NY Times is on the Business Model grid Either circle or use a bold colour to identify the NY Times. Then consider what outpacing move the NY Times will need to make to stay ahead and which business model it will need to operate in order to execute this outpacing move and then circle or highlight the new dimension after the change.

NY Times’s next moves Based on your findings in the internal and external diagnostic, what should be the NY Times’s next strategic move? Create a list of 3 alternative strategic moves and lay out a simple business model for each (using the business model canvas)

CEO Choice Which strategic alternative do you think the NY Times CEO should choose based on your analysis?