Key strategies for Bold Growth

Telecommunications, Media, and Entertainment Sectors

Telecommunications, media, and entertainment industry leaders are reported to be considering key strategic opportunities to boldly position themselves to thrive in the future:

• Develop customer focus that creates a leap in addressing the increased demand for content and intuitive access approach to increase customer engagement of untapped marketplaces.
• Converging and remixing entertainment experiences through new service offerings and entertainment bundles—and by adopting new strategies that can enable business agility
• Capture advanced wireless networks through new products, services, and business models

It is important for M&E companies to understand consumer needs and behavior patterns in order to develop services that both attract and retain customers. They should understand the economic needs of consumers and their interest to get out and about, after being hunkered down for more than a year.

Travel and Leisure Sector

Travel and Leisure providers recognize the pent-up demand in the market. Yet the providers need to adapt to current business conditions and shift some focus toward holistic offerings to capture vacation spending intentions and their underlying drivers.

While there was significant assistance for the effect of the pandemic, it is unlikely that type of support would be available during another event. The enterprise that accelerates in positioning itself for a safe environment even during a pandemic threat, for example, Lidl Markets announces how they have implemented clinical quality air handling systems, emphasis on cleaning and sanitizing will continue to be a consumer value. The actions and systems to do so need to be visible to your target market.

Financial Service Sector
As the Financial service sector is returning remote to the workplace they are not in a rush, Capital One recently disclosed that they will not have any broad return to work until at least Fall. Goldman Sachs has begun a gradual return to work through May in Hong Kong and a few other areas, but anticipates that a single strategy will not be appropriate for all of their global locations. Some firms are learning from their global operations and likely will apply lessons from areas that have already re-opened.

These changes in work environments will spur demand for connected yet remote worker-pod strategies. As the Telecommunications, Media, and Entertainment Sectors and Travel and Leisure Sector pick up the Financial Service Sector will see an increase in demand for their services.

As enterprises increase their dependency on technology executives indicate their companies are compelled to increase their investments materially in data privacy and cybersecurity, and alternative enterprise capabilities to sustain their functionality if faced with a cyber-attack.

Capturing these opportunities will compel rapid transformation and focus and the Quantensprung Group can partner with your team to enable rapid strategy development and execution.

Our team offers the Telecommunications, Media, and Entertainment Sectors and Travel and Leisure Sector and Financial Service Sector the full pallet of the Quantensprung Group service offerings.