Subject category:
Strategy and General Management
Published by:
Stanford Business School
Version: 12 November 2019
Length: 42 pages
Data source: Field research
Topics:
Strategy; Digital; Media; Innovation; Family-owned business; Technology; Company culture; Leadership
Abstract
When Anders Eriksson was appointed CEO of Bonnier News in June 2016, he took the helm of a storied Swedish media business in the midst of a momentous transformation. Bonnier News included three of Sweden's most important newspapers - Dagens Nyheter (DN), the national paper of record; Dagens Industri (DI), the top business daily; and Expressen, a tabloid that reached roughly half of the country's population - and the southern Swedish daily HD-Sydsvenskan. But the digital age had presented multiple challenges to each of these entities, and to media enterprises worldwide, and Bonnier had grappled with its response to the changing environment. It was Eriksson's task to set Bonnier News on a growth trajectory that would eventually lead to take-off. This case explores Bonnier's restructuring; group level strategic leadership; development of group-level digital competencies; and business-level strategies.
Time period
The events covered by this case took place in 2019.Geographical setting
Region:
Europe
Country:
Sweden
About
Abstract
When Anders Eriksson was appointed CEO of Bonnier News in June 2016, he took the helm of a storied Swedish media business in the midst of a momentous transformation. Bonnier News included three of Sweden's most important newspapers - Dagens Nyheter (DN), the national paper of record; Dagens Industri (DI), the top business daily; and Expressen, a tabloid that reached roughly half of the country's population - and the southern Swedish daily HD-Sydsvenskan. But the digital age had presented multiple challenges to each of these entities, and to media enterprises worldwide, and Bonnier had grappled with its response to the changing environment. It was Eriksson's task to set Bonnier News on a growth trajectory that would eventually lead to take-off. This case explores Bonnier's restructuring; group level strategic leadership; development of group-level digital competencies; and business-level strategies.
Settings
Time period
The events covered by this case took place in 2019.Geographical setting
Region:
Europe
Country:
Sweden