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Hulu Ltdd2
Hulu Ltdd2
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Table of Contents
Task 01......................................................................................................................................................2
Introduction..........................................................................................................................................2
Products and Services..................................................................................................................2
Operating Market............................................................................................................................3
Impacted Areas...................................................................................................................................3
Key Opportunities..............................................................................................................................4
Task 02......................................................................................................................................................5
Digital Business Agility.....................................................................................................................5
Hyperawareness.............................................................................................................................5
Informed Decision-Making............................................................................................................6
Fast Execution.................................................................................................................................6
Task 03......................................................................................................................................................7
Creating a Digital Ready Culture.....................................................................................................7
Putting Customers First................................................................................................................7
Creating a Collaborative Culture.................................................................................................8
Instilling a Culture of Innovation.................................................................................................8
Becoming a Digital-Champion.....................................................................................................9
Task 04......................................................................................................................................................9
Developing Digital Leadership........................................................................................................9
Recommended Leadership Styles..............................................................................................9
Developing these Styles.............................................................................................................10
References.............................................................................................................................................13
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Task 01
Introduction
Hulu is a leading provider of high-quality streaming services that provides a diverse
selection of live and on-demand television shows and movies. It offers the choice of
viewing content with or without commercials, and can be accessed from anywhere, not
just within the home. Hulu is a significant player in the streaming and entertainment
industry, presently owned by The Walt Disney Company (after its procurement of 21st
Century Fox in 2019), NBCUniversal, and WarnerMedia.
Hulu offers two main categories of services, namely On-Demand Streaming and Live
TV. Hulu's On-Demand Streaming service provides a comprehensive collection of
series, movies, and Hulu Originals. In contrast, Hulu + Live TV offers an expanded
range of features, including the capacity to view live and recorded TV from over 65
channels, in addition to all the features of the On-Demand Streaming service.
Operating Market
Hulu operates within the Over-the-Top (OTT) media services industry, which pertains to
streaming providers that offer products directly to consumers via the internet,
circumventing conventional cable, broadcast, and satellite television platforms that
typically serve as gatekeepers for content distribution. According to Lotz's (2017)
observations, over-the-top (OTT) media services have experienced significant
expansion in the 21st century, thereby transforming the television and movie
consumption landscape.
Hulu's business model, akin to other over-the-top (OTT) services, is emblematic of the
wider digital disruption in the media sector, presenting both obstacles and prospects for
industry stakeholders and consumers alike (Cunningham & Silver, 2013).
Impacted Areas
Digital disruption, the phenomenon where emerging digital technologies and new
business models affect the value proposition of existing goods and services, has
significantly impacted the media industry. Hulu, as a leading player in the OTT media
services sector, has been both a disruptor and the subject of disruption. The following
are three areas within Hulu that are significantly influenced by digital disruption:
Key Opportunities
Digital transformation is not merely about incorporating new technology into an
organization; it is about redefining organizational processes and culture to become
more efficient, innovative, and resilient. Here are some key opportunities that the CIO of
Hulu can consider to successfully digitally transform the organization:
streaming with minimal buffering, regardless of the user's device or location. This
could involve investing in content delivery networks (CDNs), improving encoding
techniques, and exploring technologies like edge computing.
Driving a Digital Culture: One of the critical elements of digital transformation is
cultivating a culture of innovation, agility, and continuous learning. The CIO can
foster such an environment by encouraging experimentation, supporting
professional development in digital skills, and promoting collaboration across
departments.
Task 02
Digital Business Agility
The Digital Business Agility Model developed by the Global Center for Digital Business
Transformation (2018) focuses on three key components: hyperawareness, informed
decision-making, and fast execution. To gain digital business agility, Hulu can
implement various initiatives and digital technologies as follows:
Hyperawareness
This component refers to a company's ability to detect and monitor changes in its
environment. For Hulu, this could mean being continuously aware of shifts in user
preferences, technological advances, competitive dynamics, regulatory changes, and
industry trends.
Informed Decision-Making
This involves interpreting and understanding the data collected to make strategic
decisions. It requires a strong data infrastructure and the ability to filter out noise to
identify true signals.
Fast Execution
This means being able to act quickly and effectively on the insights gained. It involves
agility, flexibility, and a willingness to take calculated risks.
Task 03
Creating a Digital Ready Culture
Creating a digital-ready culture is an integral component of digital transformation. It
involves fostering an environment that supports continuous learning, collaboration,
customer-centricity, and innovation while embedding digital technologies into the
organization's fabric.
Here are some strategies that Hulu, a leading player in the media streaming industry,
can adopt to instill a digital-ready culture:
Becoming a Digital-Champion
To drive digital transformation, Hulu needs leaders who are not just conversant
with digital trends but also enthusiastic proponents of digital initiatives - in short,
digital champions.
Recommendation: Hulu's leadership should stay abreast of the latest
digital trends and technologies and lead by example in adopting and
advocating for digital tools and practices.
Implementation: Hulu should offer ongoing digital skills training to its
leaders and employees alike, ensuring the workforce is equipped to
navigate the digital landscape effectively. Furthermore, leaders can
participate in industry conferences, webinars, and events to stay updated
on digital trends and gain insights from peers and experts in the field.
Task 04
Developing Digital Leadership
Recommended Leadership Styles
Goleman’s leadership styles, proposed by psychologist Daniel Goleman, consist of six
distinct styles: coaching, pacesetting, democratic, affiliative, authoritative, and coercive.
Each style has its unique strengths and drawbacks, and the effectiveness of a style can
depend on the specific context.
Here's an exploration of which styles might be particularly effective for leaders at Hulu to
support digital transformation.
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The nature of digital transformation, with its focus on innovation, learning, and change,
suggests that a combination of coaching, democratic, and authoritative styles would be
most effective. Leaders need to shift between these styles as needed, creating a
learning environment, fostering collaboration, and providing a clear vision and direction
for the transformation.
process. Here are some approaches and techniques that can help develop these
leadership styles:
Conclusion
In conclusion, the digital disruption within the entertainment industry presents both
challenges and opportunities for Hulu. To thrive amidst this change, the organization
must harness the power of AI and machine learning, expand original content, invest in
cybersecurity, and maintain superior quality of service. At the core of this transformation
should be a digital culture that promotes collaboration, innovation, and agility. Crucially,
the role of Hulu's leadership cannot be understated - leaders should not only be aware
of the latest digital trends but also foster an environment conducive to learning and
experimentation. With a balanced application of coaching, democratic, and authoritative
leadership styles, Hulu can successfully navigate its digital transformation, delivering a
competitive and customer-focused streaming platform.
13
References
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exponentially-accelerating-change.
Berg, M.E. and Karlsen, J.T. (2016). A study of coaching leadership style practice in
projects. Management Research Review, 39(9), pp.1122–1142.
doi:https://doi.org/10.1108/mrr-07-2015-0157.
Cannon, M.D. and Witherspoon, R. (2005). Actionable feedback: Unlocking the power
of learning and performance improvement. Academy of Management Perspectives,
[online] 19(2), pp.120–134. doi:https://doi.org/10.5465/ame.2005.16965107.
Cunningham, S. and Silver, J. (2013). On-line film distribution : Its history and global
complexion.
Davenport, T.H. (2018). Artificial Intelligence for the Real World. [online] Harvard
Business Review. Available at: https://hbr.org/webinar/2018/02/artificial-intelligence-for-
the-real-world.
Easton, J. (2022). Netflix, YouTube & Hulu power US streaming to new record high in
April. [online] TBI Vision. Available at: https://tbivision.com/2022/05/23/netflix-youtube-
hulu-power-us-streaming-to-new-record-high-in-april/.
Goleman, D. (2000). Leadership That Gets Results. [online] Harvard Business Review.
Available at: https://hbr.org/2000/03/leadership-that-gets-results.
McAlearney, Scheck, A., Fisher, D., Heiser, K., Robbins, D. and Kelleher., K. (2005).
Developing Effective Physician Leaders: Changing Cultures and Transforming
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Napoli, P.M. (2020). Social Media and the Public Interest: Media Regulation in the
Disinformation Age. [online] Columbia University Press. Columbia University Press.
Available at: http://cup.columbia.edu/book/social-media-and-the-public-interest/
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Tryon, C. (2015). TV Got Better: Netflix’s Original Programming Strategies and the On-
Demand Television Transition. Media Industries Journal, 2(2).
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