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Media Entrepreneurship:
Building the Landscape
AEJMC Pre-Conference Workshop 2015
Our Sponsors
Participatory Journalism Interest Group, AEJMC
Media Management and Entrepreneurship Division,
AEJMC
Your Hosts
• Dr. Liz Viall, Instructor,
Eastern Illinois University
• Dr. Amy Jo Coffey, Associate Professor,
Department of Telecommunication,
University of Florida
• Dr. Michelle Ferrier, Associate Dean for
Innovation, Scripps College of Communication,
Ohio University
Our Agenda
• Welcome and Introductions
• Media Entrepreneurship: Student Perspectives
• Media Entrepreneurship: Faculty Perspectives
• Strategic Partnerships and External Relations
• Lunch
• Human-Centered Design Principles: Imagining
the Ecosystem
• Pitching Ideas/Next Steps
Our Objectives
1. Expose new and experienced faculty members to the variety of
ways students can engage in media entrepreneurship in and
outside the classroom;
2. Address the barriers/challenges to development of media
entrepreneurship activities: Promotion/tenure; funding; faculty
experience, etc.
3. Provide faculty members with the experience of creating a
“startup” around a media entrepreneurship idea by working in
teams...modeling the structure and behaviors of student teams;
4. Develop a community of faculty around specific ideas that serve
institutions with different characteristics -- small/large
institutions, undergraduate/graduate, curricular/co-curricular and
extracurricular; etc.
5. Create a “compendium” of ways to develop the media
entrepreneurship environment within and outside the university.
Introductions
• Your name
• Your title/affiliation
• Your institution size/number of
students/location
• What you hope to take away from today?
Four strategic questions
that frame the new
challenges and
opportunities for media
organizations.
Source: The Big Thaw: Charting a Future for
Journalism, Deifell, 2009.
Four Strategic Questions
• New Competitive Landscape:
How is the landscape changing?
• New Sources of Value:
What needs can be met, problems solved or desires
fulfilled?
• New Distinctive Competencies:
What new capabilities are needed to succeed?
• New Business Models:
How are media organizations structured to capture value?
Digital Media Market Sectors
• Experiential & Immersive Entertainment
• Modeling & Simulation (virtual worlds,
augmented/mixed reality)
• Game Development & Publishing
• Motion Picture Creation (webisodes,
animation, visual effects, audio/sound design)
• Pre-Vis/Visualization (data, mapping,
architectural, bio-medical
Dr. Michelle Ferrier, Ohio University,
@mediaghosts
Digital Media Market Sectors
• Mobile Media
• eLearning
• Interactive Marketing & Advertising (social media,
online ads, in-game ad placement
• Content Aggregation & Distribution (niche
portals)
• Internet A/V Content Distribution (streaming
media)
• Web Content & Application Development
Dr. Michelle Ferrier, Ohio University,
@mediaghosts
Student Skills and Knowledge
1. Construct and deliver a pitch.
2. Conduct market research.
3. Conduct audience analysis.
4. Understand the entrepreneurial
landscape/startup culture.
5. Conduct a competitive analysis.
6. Create a minimum viable product.
7. Read, understand and create financial
statements.
Ferrier, Michelle Barrett. “Media Entrepreneurship: Curriculum Development and Faculty Perceptions of
What Students Should Know,” Journalism & Mass Communication Educator, Sept. 2013, Vol 68, Issue 3, p.
222.
The Lean Startup by Eric Ries
Business Model Canvas
http://www.businessmodelgeneration.com/canvas/bmc
Challenges for Higher Education
• Faculty champions: Care and support
• Credibility gap: Who is an entrepreneur?
• Making it real: Experiential learning;
consequences
• Professional culture: Editorial vs. financial
• Pace of media evolution: Crazy!
• Curriculum resources: Scarce
• Making it count: Tenure, making it visible
Dr. Michelle Ferrier, Ohio University,
@mediaghosts
OHIO University Pathways to
Innovation
• *Scripps International Innovators Cup: Global competition
for student teams on media entrepreneurship.
• *Scripps Innovation Challenge: University-wide student
media entrepreneurship competition.
• *Mobile Module: Two-week module taught by industry
experts and infused throughout curriculum.
• *Game Research and Immersive Design Lab:
Pre-incubation space for game development teams.
• Digital Media Incubator: Early-stage investment in
student/graduate companies.
• *Certificate in Entrepreneurship with Business
• *Partnerships with Accelerators: Internship opportunities
for students with startup companies.
Dr. Michelle Ferrier, Elon University,
@mediaghosts
Challenge: Addressing Sexual Assault
on College Campuses
Sanusi Shehu talks about his second Scripps Innovation Challenge project: Video
Team Du Monde 2015
Ohio University | Team Du Monde
2015 Inaugural Competition Winners
Media Entrepreneurship:
Faculty Perspectives
• Rachele Kanigel, San Francisco State, Classes
and connection to external community
• Amy Schmitz Weiss, San Diego State
University
• Anne Hoag, Penn State, E-Ship Minor in New
Media
• Michael Humphrey, Colorado State, Startup
Intern
• Staci Baird, Stanford University,
intrapreneurship
• Carrie Brown, New Social Journalism MA
program at CUNY Graduate School
Connecting to the Community
• Susan Mernit,
CEO/Executive Director, co-
founder, Hack the
Hood/Center for Media
Change; founder, Oakland
Local.
• Sian Morson, CEO/Founder,
Kollective Mobile, a mobile
strategy and development
agency; author, Designing
for iOS
Innovating for People: Luma Institute
Human-Centered Design: The
discipline of developing solutions in
the service of people. Every story of
a good innovation--whether it's a
new product, a new service, a new
business model or a new form of
governance-- begins and ends with
people. It starts with careful
discernment of human needs, and
concludes with solutions that meet
or exceed personal expectations.
http://www.luma-institute.com/
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Statement Starters
• Small/Rural Schools
• A Solution for Every
Budget/Time Frame
• Extracurricular/Holistic
Engagement
• Making it
Real/Experiential
Learning
• Making it Count/Faculty
Champions
Statement Starters
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Stakeholder Mapping
Stakeholder Mapping
Stakeholder Mapping
Stakeholder Mapping
Stakeholder Mapping: Results
• What are some of the “unusual suspects” you
included in your map? Why?
• Where do you see areas/groups of people that
could help grow your media entrepreneurship
ecosystem? What do you need to engage
them?
• Look at other maps. Who do you see new on
other maps? Who has stakeholders that are
alike?
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Creative Matrix
• Give each participant a pen
and sticky note pad.
• Ask them to ideate at the
intersections of the grid.
• Write down one idea per
sticky note.
• Start the clock. Limit time
to 15-20 minutes.
• Draw pictures of the ideas.
• Try to fill every cell on the
grid.
• Tally number of ideas per
team. Reward quantity.
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Rose, Thorn, Bud
• Each participant gets a
pen and sticky note pad.
• Rose = Positive Things
• Thorn = Negative Things
• Bud = Potential
• Generate as many data
points
• One insight per sticky
note
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Importance/
Difficulty
Matrix
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Concept Poster
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Visualize the Vote: Results
• What ideas rise overall in the imagination of
the group? Why? What is appealing? Get
feedback from group.
• What details were selected? What is it about
the detail? Is it a bud that could become its
own idea?
Innovating for People:
Luma Institute
The exercises we are using are:
• 1. Statement Starters
• 2. Stakeholder Mapping
• 3. Creative Matrix
• 4. Rose, Thorn, Bud
• 5. Importance/Difficulty Matrix
• 6. Concept Poster
• 7. Visualize the Vote
• 8. Critique
Student Skills and Knowledge
1. Construct and deliver a pitch.
2. Conduct market research.
3. Conduct audience analysis.
4. Understand the entrepreneurial
landscape/startup culture.
5. Conduct a competitive analysis.
6. Create a minimum viable product.
7. Read, understand and create financial
statements.
Ferrier, Michelle Barrett. “Media Entrepreneurship: Curriculum Development and Faculty Perceptions of
What Students Should Know,” Journalism & Mass Communication Educator, Sept. 2013, Vol 68, Issue 3, p.
222.
Business Model Canvas
Next Steps
• What do we need as faculty
members to be successful? How do
these needs change based on size of
institution, instructor experience and
relationships, school location and
other factors?
Resources
The Business Model Generation book by
Alexander Osterwalder and Yves Pigneur.
This book introduces students to the 9-
square business model canvas and gives
them a framework for presenting their
ideas.
The Value Proposition Design book goes
deeper into thinking about the problem
statement and the value proposition that
underlie successful ideas.
Resources
Innovating for People: Luma
Institute. Solutions that meet or
exceed personal expectations.
http://www.luma-institute.com/
Entrepreneurial Journalism:
How to Build What’s Next for
News by Mark Briggs focuses
on news innovations and the
media landscape.
Resources:
The Lean Startup by Eric Ries
Thank You!
• Dr. Michelle Ferrier, ferrierm@ohio.edu
• Dr. Liz Viall, ekviall@eiu.edu
• Dr. Amy Jo Coffey, acoffey@jou.ufl.edu

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Aejmc 2015 pre-conference_media-entrepreneurship

  • 1. Media Entrepreneurship: Building the Landscape AEJMC Pre-Conference Workshop 2015
  • 2. Our Sponsors Participatory Journalism Interest Group, AEJMC Media Management and Entrepreneurship Division, AEJMC
  • 3. Your Hosts • Dr. Liz Viall, Instructor, Eastern Illinois University • Dr. Amy Jo Coffey, Associate Professor, Department of Telecommunication, University of Florida • Dr. Michelle Ferrier, Associate Dean for Innovation, Scripps College of Communication, Ohio University
  • 4. Our Agenda • Welcome and Introductions • Media Entrepreneurship: Student Perspectives • Media Entrepreneurship: Faculty Perspectives • Strategic Partnerships and External Relations • Lunch • Human-Centered Design Principles: Imagining the Ecosystem • Pitching Ideas/Next Steps
  • 5. Our Objectives 1. Expose new and experienced faculty members to the variety of ways students can engage in media entrepreneurship in and outside the classroom; 2. Address the barriers/challenges to development of media entrepreneurship activities: Promotion/tenure; funding; faculty experience, etc. 3. Provide faculty members with the experience of creating a “startup” around a media entrepreneurship idea by working in teams...modeling the structure and behaviors of student teams; 4. Develop a community of faculty around specific ideas that serve institutions with different characteristics -- small/large institutions, undergraduate/graduate, curricular/co-curricular and extracurricular; etc. 5. Create a “compendium” of ways to develop the media entrepreneurship environment within and outside the university.
  • 6. Introductions • Your name • Your title/affiliation • Your institution size/number of students/location • What you hope to take away from today?
  • 7. Four strategic questions that frame the new challenges and opportunities for media organizations. Source: The Big Thaw: Charting a Future for Journalism, Deifell, 2009.
  • 8. Four Strategic Questions • New Competitive Landscape: How is the landscape changing? • New Sources of Value: What needs can be met, problems solved or desires fulfilled? • New Distinctive Competencies: What new capabilities are needed to succeed? • New Business Models: How are media organizations structured to capture value?
  • 9. Digital Media Market Sectors • Experiential & Immersive Entertainment • Modeling & Simulation (virtual worlds, augmented/mixed reality) • Game Development & Publishing • Motion Picture Creation (webisodes, animation, visual effects, audio/sound design) • Pre-Vis/Visualization (data, mapping, architectural, bio-medical Dr. Michelle Ferrier, Ohio University, @mediaghosts
  • 10. Digital Media Market Sectors • Mobile Media • eLearning • Interactive Marketing & Advertising (social media, online ads, in-game ad placement • Content Aggregation & Distribution (niche portals) • Internet A/V Content Distribution (streaming media) • Web Content & Application Development Dr. Michelle Ferrier, Ohio University, @mediaghosts
  • 11.
  • 12.
  • 13. Student Skills and Knowledge 1. Construct and deliver a pitch. 2. Conduct market research. 3. Conduct audience analysis. 4. Understand the entrepreneurial landscape/startup culture. 5. Conduct a competitive analysis. 6. Create a minimum viable product. 7. Read, understand and create financial statements. Ferrier, Michelle Barrett. “Media Entrepreneurship: Curriculum Development and Faculty Perceptions of What Students Should Know,” Journalism & Mass Communication Educator, Sept. 2013, Vol 68, Issue 3, p. 222.
  • 14. The Lean Startup by Eric Ries
  • 16. Challenges for Higher Education • Faculty champions: Care and support • Credibility gap: Who is an entrepreneur? • Making it real: Experiential learning; consequences • Professional culture: Editorial vs. financial • Pace of media evolution: Crazy! • Curriculum resources: Scarce • Making it count: Tenure, making it visible Dr. Michelle Ferrier, Ohio University, @mediaghosts
  • 17. OHIO University Pathways to Innovation • *Scripps International Innovators Cup: Global competition for student teams on media entrepreneurship. • *Scripps Innovation Challenge: University-wide student media entrepreneurship competition. • *Mobile Module: Two-week module taught by industry experts and infused throughout curriculum. • *Game Research and Immersive Design Lab: Pre-incubation space for game development teams. • Digital Media Incubator: Early-stage investment in student/graduate companies. • *Certificate in Entrepreneurship with Business • *Partnerships with Accelerators: Internship opportunities for students with startup companies. Dr. Michelle Ferrier, Elon University, @mediaghosts
  • 18. Challenge: Addressing Sexual Assault on College Campuses Sanusi Shehu talks about his second Scripps Innovation Challenge project: Video
  • 20. Ohio University | Team Du Monde 2015 Inaugural Competition Winners
  • 21.
  • 22. Media Entrepreneurship: Faculty Perspectives • Rachele Kanigel, San Francisco State, Classes and connection to external community • Amy Schmitz Weiss, San Diego State University • Anne Hoag, Penn State, E-Ship Minor in New Media • Michael Humphrey, Colorado State, Startup Intern • Staci Baird, Stanford University, intrapreneurship • Carrie Brown, New Social Journalism MA program at CUNY Graduate School
  • 23. Connecting to the Community • Susan Mernit, CEO/Executive Director, co- founder, Hack the Hood/Center for Media Change; founder, Oakland Local. • Sian Morson, CEO/Founder, Kollective Mobile, a mobile strategy and development agency; author, Designing for iOS
  • 24. Innovating for People: Luma Institute Human-Centered Design: The discipline of developing solutions in the service of people. Every story of a good innovation--whether it's a new product, a new service, a new business model or a new form of governance-- begins and ends with people. It starts with careful discernment of human needs, and concludes with solutions that meet or exceed personal expectations. http://www.luma-institute.com/
  • 25. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 26.
  • 27. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 28. Statement Starters • Small/Rural Schools • A Solution for Every Budget/Time Frame • Extracurricular/Holistic Engagement • Making it Real/Experiential Learning • Making it Count/Faculty Champions
  • 30. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 35. Stakeholder Mapping: Results • What are some of the “unusual suspects” you included in your map? Why? • Where do you see areas/groups of people that could help grow your media entrepreneurship ecosystem? What do you need to engage them? • Look at other maps. Who do you see new on other maps? Who has stakeholders that are alike?
  • 36. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 38. • Give each participant a pen and sticky note pad. • Ask them to ideate at the intersections of the grid. • Write down one idea per sticky note. • Start the clock. Limit time to 15-20 minutes. • Draw pictures of the ideas. • Try to fill every cell on the grid. • Tally number of ideas per team. Reward quantity.
  • 39.
  • 40.
  • 41. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 43. • Each participant gets a pen and sticky note pad. • Rose = Positive Things • Thorn = Negative Things • Bud = Potential • Generate as many data points • One insight per sticky note
  • 44. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 45.
  • 47.
  • 48. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 49.
  • 51. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 52.
  • 53. Visualize the Vote: Results • What ideas rise overall in the imagination of the group? Why? What is appealing? Get feedback from group. • What details were selected? What is it about the detail? Is it a bud that could become its own idea?
  • 54. Innovating for People: Luma Institute The exercises we are using are: • 1. Statement Starters • 2. Stakeholder Mapping • 3. Creative Matrix • 4. Rose, Thorn, Bud • 5. Importance/Difficulty Matrix • 6. Concept Poster • 7. Visualize the Vote • 8. Critique
  • 55.
  • 56. Student Skills and Knowledge 1. Construct and deliver a pitch. 2. Conduct market research. 3. Conduct audience analysis. 4. Understand the entrepreneurial landscape/startup culture. 5. Conduct a competitive analysis. 6. Create a minimum viable product. 7. Read, understand and create financial statements. Ferrier, Michelle Barrett. “Media Entrepreneurship: Curriculum Development and Faculty Perceptions of What Students Should Know,” Journalism & Mass Communication Educator, Sept. 2013, Vol 68, Issue 3, p. 222.
  • 58. Next Steps • What do we need as faculty members to be successful? How do these needs change based on size of institution, instructor experience and relationships, school location and other factors?
  • 59. Resources The Business Model Generation book by Alexander Osterwalder and Yves Pigneur. This book introduces students to the 9- square business model canvas and gives them a framework for presenting their ideas. The Value Proposition Design book goes deeper into thinking about the problem statement and the value proposition that underlie successful ideas.
  • 60. Resources Innovating for People: Luma Institute. Solutions that meet or exceed personal expectations. http://www.luma-institute.com/ Entrepreneurial Journalism: How to Build What’s Next for News by Mark Briggs focuses on news innovations and the media landscape.
  • 62. Thank You! • Dr. Michelle Ferrier, ferrierm@ohio.edu • Dr. Liz Viall, ekviall@eiu.edu • Dr. Amy Jo Coffey, acoffey@jou.ufl.edu

Editor's Notes

  1. VIDEO LINK: https://www.youtube.com/watch?v=D2lwPohVvSU
  2. What You’ll Need: 30 minutes Large Post-It Notes Markers
  3. What You’ll Need: 15-20 minutes Yellow Post-It Notes (Square) Sharpie Markers Large paper on wall Colored Markers
  4. Large Post-It Notes Markers Gather best statements onto large butcher paper. Use to populate Creative Matrix
  5. What You’ll Need: 15-20 minutes Yellow Post-It Notes (Square) Sharpie Markers Large paper on wall Colored Markers
  6. What You’ll Need Yellow Post-It Notes (Square) Sharpie Markers Large paper on wall Colored Markers
  7. What You’ll Need: 30-45 minutes Yellow Post-It Notes White Matrix board: People/Technologies
  8. What You’ll Need: 30 minutes Matrix on paper Ideas from Creative Matrix and from Rose|Thorn|Bud Might need to do quick dot vote within team to get best ideas onto the importance/difficulty matrix
  9. What You’ll Need: 45 minutes Markers Post-It Note Wall Paper
  10. What You’ll Need: 10 minutes (overall) + 10 minutes (detail) Two different dot/sticky note colors 2 for overall vote 2 for detail vote What ideas rise overall in the imagination of the group? Why? What is appealing? Get feedback from group. What details were selected? What is it about the detail? Is it a bud that could become it’s own idea?
  11. What You’ll Need: 30 minutes After voting, go back to each idea. Provide positive feedback, questions. Then criticisms, then questions.