Media and Entertainment
Open Options’ unique process and proprietary game theory software have helped guide senior executives in the media and entertainment industries since 1996. These industries are constantly evolving, with new and innovative players continuously challenging established firms. The Open Options Process is ideally suited to many of the challenges faced by organizations in the media and entertainment industries.
What Does Open Options Do?
- We challenge executives to stretch their thinking and to look at issues differently by explicitly considering the perspectives and motivations of the critical parties involved in the issue
- We provide an effective, structured process to capture organizational knowledge
- We analyze that structured knowledge using proprietary game theory tools to explore the potential competitive strategies and the millions of ways the issue could play out
- We provide a practical action plan to reach the best attainable outcome for our client
- We build deep management consensus and trust on the best path forward
Our Process
Our efficient process consists of five steps:
- Define the Issue
- Harvest Organizational Knowledge
- Determine Players, Options and Preferences
- Reveal Insights with Game Theory Analysis
- Deliver a Trusted Decision and Action Plan
Our Experience
We have worked with some of the biggest names in the media and entertainment industries around the globe, on projects spanning the following application areas:
- Generating new revenue growth
- Industry consolidation and restructuring
- Commoditization
- Long range planning
- Partnerships and alliances
- Political / regulatory engagement strategy
- New disruptive technology management
- Responding to competitor marketing / pricing initiatives
- New market entry
- Pricing and price wars
- Dealing with foreign competitors
- Annual corporate strategy review
Related Clients
Case Study Descriptions
Below is an abbreviated list of some of our success stories in the media and entertainment industries. Please contact us to learn more about our process and to review a relevant case study:
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Industry Consolidation – “Dance Partners” Show more
The media and entertainment industry was consolidating, with smaller companies merging or being bought by larger companies. The Client had established itself as a niche leader and was concerned about how things would play out.
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New Revenue Growth – “Rattling The Chain” Show more
A global entertainment player wanted to achieve significant profitable growth by expanding its presence through organic activities and/or inorganic acquisition. The Client’s management team came to Open Options to understand the implications of various strategies associated with vertical integration.
What Makes Us Unique
As experts and specialists in solving business issues where multiple players can influence the final outcome, Open Options is unique in several ways: