Building Startups in a Legacy Media Company Like HT Media
Presented by Ramesh Menon, Chief Business Officer, Digital Innovation and New Businesses, HT Media Ltd
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Originally presented: 21 July 2020
The world has changed dramatically in the last three months and transformation is now an organisational imperative. The need to restructure, reinvent and reset makes it critical for us to understand what is coming in the way of this transformation. While it’s always a challenge to transform the whole organisation and the people culturally overnight, it might make sense to start with small startups within the organisation. Build, operate and transfer in a way that helps the organisation build new businesses and create an innovation enabling culture within the organisation in the medium term. Ramesh Menon, chief business officer, digital innovation and new businesses at HT Media, talks about his experience building new businesses at one of India’s oldest media groups. The launch of four new businesses during the last year with agile pod teams is testimony to the possible success of this model.
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