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Summary
The business model requires transformation next year, shifting towards increased online reporting while maintaining the printed newsletter. This strategic pivot aims to enhance information dissemination and engagement.
Area of Science:
- Business Administration
- Digital Transformation
- Media Studies
Background:
- The current business model is no longer sustainable.
- There is a need to adapt to evolving communication channels.
Discussion:
- Transitioning to a more flexible, digitally-focused business model is essential.
- Integrating online reporting with traditional print media requires careful planning.
Key Insights:
- Significant changes to the traditional business model are mandated for the upcoming year.
- Increased online reporting and continued print newsletter publication are planned.
Outlook:
- This strategic shift is expected to improve reach and engagement.
- Future success depends on effectively balancing digital and print communication strategies.