It is always great when the student becomes the teacher. Alex Galvis-Blanco, the publisher of the newspaper Vanguardia Liberal in Bucaramanga, Colombia, studied in the United States and attended the Media Management Center's Advanced Executive Program.
Part of the AEP curriculum focuses on advertising sales force management based upon a program of research and consulting conducted by MMC professors Hervey Juris and Hazel Reinhardt. Juris and Reinhardt have never failed to help an American or Canadian client make money after they have instituted the MMC approach.
In 2004, Galvis-Blanco invited Juris to visit Bucaramanga and advise Vanguardia Liberal on reengineering its sales force. One answer we were interested in discovering was whether the North American business model would work in a struggling country like Colombia. Would the MMC approach generate the same large increases in revenue?
Juris tailored the sales force management model for Vanguardia. He explains: "Working with Alex and the leadership of Vanguardia's advertising department, we were able to identify the important current and potential sources of revenue in the community and identify existing weaknesses in the management and deployment of the sales force."
The program also included a performance management mindset for the leadership of Vanguardia and the sales teams. "We talked about consequences for consistent failure to perform and more positive rewards for success," says Juris. The results are the talk of Colombia and the profit margins would be the envy of American newspapers. Galvis-Blanco, the former student is now leading sessions in MMC's Spanish-language programs on how to build, manage and grow the ad team -- and do it profitably. He gives credit to MMC and Juris.
Juris shares the praise: "Talk is cheap. The success of Vanguardia over the last three years is due to the implementation of those suggestions by Alex and his team and the extension of those ideas beyond anything that the Center team recommended."
Executive Program Focuses on Integration and Innovation
The many changes in the media are forcing media companies to push for efficiencies and innovation at the same time.
To meet that need, MMC has created an intense, innovation-focused two-week program called the Media Executive Leadership Program. It will be offered July 20-31 at the James Allen Center on the Northwestern campus.
In the middle of a devastating media recession where many newspapers and television stations are thinking only of survival, it is easy to overlook the fact that tomorrow's media organizations are being built today.
We already know some media companies will not survive. Others will so damage their brands; future viability will be in question. Those that do survive will face a changed world, filled with great pitfalls, but also great opportunity.
In this unprecedented environment, media organizations must make one of two choices. The first is to do nothing - business as usual. Organizations that make this choice allow events and competitors to shape their destiny. Staying the same means giving up the opportunity to lead. What will be the result? Only time will tell.
The second choice is to apply proven strategic thinking and innovative ideas to traditional media brands. This approach involves moving beyond current cultural, platform and sales limitations. This second approach requires highly skilled change agents willing to use fresh thinking and the latest ideas to advance organizations into an important new world. If done right, the result will be a dynamic, forward thinking organization with the potential for incredible profits.
For almost two decades Northwestern University's Media Management Center has taken a leadership role in creating the future of media. With the resources of both the Kellogg School of Management and Medill, the Center occupies a unique role in international media development. Part research organization, part think tank, part educator, the Media Management Center is the clear leader in future media thinking.
We know the public's demand for news and information continues to grow. Some media organizations will take great advantage of this growth. They will build great brands that also result in great profits. If you are a change agent, willing to look at the world in a fresh way, then the Media Executive Leadership Program is for you.
Please download and return this application by July 6. Cost is $11,400, which covers tuition, materials, food, lodging and activity expenses - everything but transportation to Evanston.