Back in the 80s as a young boy, I witnessed what was the prevalent Business Model of the era – The Manufacturer Model – i.e. when necessity was the mother of invention. Busier families with less cooking time needed Instant noodles, pagers (yes, those antiquated things) when you needed to be reached urgently, Sony Walkman because you needed music when you walked/ exercised or were on long flights.
Moments Lab – Diversity and Inclusion to fuel Innovation in the media, entertainment, and broadcast industry
In recent years, we have seen businesses across many sectors re-evaluate their workplace to create a more diverse and inclusive environment for everyone. This initiative is crucial for all industries, and the media, entertainment, and broadcast industry is no exception. Historically a male-dominated space, it remains unbalanced to this day. However, change is happening, and there is cause for hope as the industry looks to become more diverse in terms of gender, disability, ethnicity, and more. Encouraging this shift is vital to creating and maintaining an environment where everyone feels valued, included, and represented. By fostering diversity and inclusion, companies in the media, entertainment, and broadcast sector can not only enrich teams with a variety of perspectives and experiences, but also create a more equitable and welcoming workplace for all.
Mediaproxy’s Erik Otto on diversity, team-building and “securing your future growth”
Recruiting the finest potential talents from the greatest range of backgrounds is really a ‘no-brainer’ when it comes to building a winning team, suggests the CEO of compliance software innovator Mediaproxy
Imagine Communications – Bridging the skills gap: addressing the talent shortage in the media and entertainment industry
Recently, rapid technological advancements in the media and entertainment industry have coincided with a generational shift in the workforce. Many seasoned broadcast engineers are retiring or approaching retirement, resulting in the loss of crucial skills that support traditional broadcast systems still in use today. And while younger hires bring important IT, cloud and IP networking expertise to the table, they lack the valuable knowledge of their predecessors in television technology and are not entering the field quickly enough to replace them. This has led to a skills shortage, and in this article, we will explore what the industry is doing — and needs to do — to address it.
Resilience through talent: addressing shortages in the MediaTech industry
In the ever-evolving landscape of MediaTech, the industry faces a significant challenge: a shortage of skilled talent. This issue is not only impeding growth but also hampering innovation , stifling creativity, and impacting the bottom line, as the scarcity of talent drives up hiring costs. To combat this, it is essential to understand the complexities of talent shortages and resilience within the industry and to actively implement strategies to attract, retain, and develop talent.
Our latest internal research, comprising a comprehensive survey and a series of interviews with MediaTech professionals, reveals five key pillars of the challenges and potential solutions to this pressing issue.