THEMES OF THE DAY- Market Positioning
- Introduction and assignments
Course Introduction Session- Explanation of the week´s structure.
- Distribution of meeting wish list to participants, in which they can schedule their one-to-one meetings with the experts.
- Introduction of participants.
Market Positioning SessionThis session is intended to open the participants’ minds for new trends in the factual industry and strategic thinking.
Participants will assess their time now spent on leadership, management and entrepreneurialism and will define how they would like to see this balance change in a year’s time, in order to improve their company’s position.
Participants will be asked to assess their company’s current market position and will be guided to direct their focus towards a sustainable business model that will enable them to build up long-term value in their company.
Business Solution SessionIntroduction of the essentials of four potential business situations/solutions by the experts.
During the work on the four “business case challenges” the participants will discuss and analyse these different solutions/situations and apply them by writing a business case that will be pitched at the end of the week.
Business Case Challenges Session- Practical presentation of the data for the four business cases.
- Assignment of participants to a group.
- Participants will discuss which of the four business solutions - presented during the information session – is most suited for the case they have been given and will start working on the business plan.
Business Case Challenges- Start of group work.
- Course experts available for advice.
THEMES OF THE DAY- 360 ° Multi Platform
- Distribution
360° Multi Platform SessionThis session will look into current developments in multi platform business approaches.
How can companies find their audience, tailor their products, create a loyal customer base?
We will look into the chances and opportunities of 360° and its impact on factual films.
The session will also address the risks and threats of 360° content creation.
360° Hands on- Aspects of the 360° session will be applied to participant companies.
- Group discussion and one-to-one expert meetings.
Distribution sessionIntroduction to the world-wide distribution markets, the need to tailor the programme for an international audience and the revenues which can be expected.
The visiting expert will give an overview the current rates for factual (one-off, series) and fictional programs in various international markets.
Distribution hands on- Aspects of the distribution session will be applied to the participating companies.
- Group discussion and one-to-one expert meetings.
Business Case Challenges- Group work with open end (continued from Monday)
- Course experts available for advice and assistance.
THEMES OF THE DAY- Negotiation
- Contracts & Financing
Negotiation Skills SessionThe session will deal with negotiation skills and strategies.
The focus will be on convincing possible investors, negotiating sales and business partnership deals.
Negotiation Skills hands on- The participants will be divided into groups that will prepare and conduct a negotiation simulation, based on figures that have been distributed by the course expert.
- The negotiation will be recorded and analyzed.
- One-to-one expert meetings.
Contracts & Financing SessionA specialised lawyer will compare how broadcasters across Europe handle their contracts and look into the differences of media industry practises.
Based on his experience he will give an outlook on the going rate of commissions for factual and factual programmes.
He will also address the legal issues relating to a company take-over and management buy-outs.
Contracts & Financing hands on- The participants will share their legal experiences with broadcasters and discuss problems with the expert.
- One-to-one expert meetings available.
Business Case Challenges- • Group work (continued from Monday & Tuesday)
- • Course experts available for advice and assistance.
THEMES OF THE DAY- Financial & Accounting
- Controlling Operations
Financial & Accounting SessionA financial expert with extensive experience in the media will give an introduction on basic business administrations skills as:
- How to read and analyse balance sheets?
- How to plan the cash flow of your company?
- How to deduct financial ratios from your companies´ accounting and use this information for a more effective running of the company?
- How to present financial company data to banks and business investors?
Based on practical tips they will give examples of the criteria banks and investors use to judge the value of a company.
Financial & Accounting hands on- Distribution of sample balance sheets and financial ratios.
- Explanation and discussion.
- One-to-one expert meetings.
Controlling Operations SessionThis course will explain why effective controlling is important even in mid-sized production companies and demonstrate why simply deducting figures from accounting won’t work for a factual (and feature film) production company.
The course will demonstrate an Excel controlling tool for audiovisual productions that can monitor cash flow streams, contribution margins and deduct financial ratios.
The Excel sheet will be made available to participants.
One-to-one meetings.
Business Case Challenges- Group work (continued from Monday & Tuesday & Wednesday).
- Finalisation of the business plans + preparation of the presentation tools.
- Course experts available for advice and assistance.
THEME OF THE DAY- Presentation and Analysis
Business Case Challenge presentationThe four business cases will be presented in front of a panel of invited experts.
After each presentation (20 minutes) there will be time for intense questioning by the experts, based on the data provided during the business case presentations.
At the end of each presentation all participants can intervene, ask questions or make remarks, based on the elements presented during the business presentations.
Each presentation will finish with general remarks and advice from the experts, taking into account the real-life situation of all the companies of all present.
Workshop round-up and distribution of certificatesThe participants will share their findings and feelings after a week of very intense work.
The course facilitators present an overview of the week’s topics and the outcomes.
Certificates will be presented to the participants.