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From Paper to PixelsCirrus Newspapers (a fictitious name to protect client confidentiality) is a privately held newspaper and media publishing company. They publish nearly 50 regular newspapers and publications throughout local markets in four states. Most of their papers have online equivalents. The company is known for its integrity and quality of news reporting and its connections in local communities. Challenge In late 2005, Cirrus was ripe for an in-depth strategic planning program.
It had been seven years since the last significant planning project.
But perhaps more importantly, they found themselves at a crossroads
that could threaten their future. Like most newspaper companies, they
were seeing their circulation and revenues gradually declining as more
people moved to online sources for their news. Even more problematic
was that online providers of free classifieds, real estate, and employment
listings (such as Craigslist.org) were eroding their primary source
of income.
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SolutionCirrus looked to Konrad Knell and The Grove for a strategic planning
process that would help them explore creative options for moving forward
and handle the complexity of decisions and issues they faced. We designed
a custom process for them based on Strategy
Mapping. The team developed big picture maps of their complex environment
and the dynamics of their evolving industry. They explored a variety
of business models for growing, shifting their business models, and
being on the leading edge of internet services. ResultsThe Cirrus team is now deep in its process of implementing the strategy and managing the change. One of the first changes apparent from the outside was a new name -- formerly known as Cirrus Newspapers, the company renamed itself Cirrus Communications to reflect its broader vision of media publishing and connecting communities. |
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