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Torstar Corporation Resource Interdependence Management. Presented by Hyun-Young Bahk – ID 99048295 Jessie Y. Shen – ID 99271519 Allen Wong – ID 99150070 Jay Lee – ID 00064990. Objectives. Resource interdependence management Torstar Corp. ’ s background

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Torstar corporation resource interdependence management l.jpg

Torstar CorporationResource Interdependence Management

Presented by

Hyun-Young Bahk – ID 99048295

Jessie Y. Shen – ID 99271519

Allen Wong – ID 99150070

Jay Lee – ID 00064990


Objectives l.jpg
Objectives

  • Resource interdependence management

  • Torstar Corp.’s background

  • Symbiotic resource interdependencies

  • Competitive resource interdependencies

  • Conclusion and Recommendations


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Resource Interdependence Management

  • Reduce uncertainty in acquiring resources

  • 2 types of resource interdependencies

    • Symbiotic: dealing with suppliers and distributors

    • Competitive: dealing with competitors

  • 2 approaches

    • Formal: merger, alliances, …

    • Informal: contracts, cartels, …


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Torstar Corp.’s Background

  • Canadian media giant

  • Based in Southern Ontario

  • Focus in newspaper:

    • Toronto Star, Hamilton Spectator, KW Record, etc.

  • Other interests

    • Harlequin, Metroland, Multimedia, etc.

  • Decision making centralized at the board of director level


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Torstar Corp’s Domains

Torstar Corp.

Book

Publishing

Newspaper

Harlequin

Multimedia

Printing,

Publishing,

Distribution

toronto.com

Toronto Star

Hamilton Spectator

KW Record

Guelph Mercury

Cambridge Reporter

MetroToday

Sing Tao Daily

workopolis.com

eharlequin.com


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Symbiotic Resource Interdependencies

  • Suppliers:

    • News articles, novels, etc.

    • Paper, ink, printers, etc.

  • Distributors:

    • Bookstores, book warehouses, etc.

    • Newspaper distributors, newspaper vendors, etc.


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Symbiotic Resource Interdependencies

  • Book publishing

    relatively stable field

    use informal methods

    long-term contract

  • Newspaper

     competitive field

     use formal methods

     takeover


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Symbiotic Resource Interdependencies

Torstar Corp.

Simon &

Schuster

Distribution

Book

Publishing

Newspaper

QE Web

Printing

Long-Term

Contract

Takeover

Multimedia

Printing,

Publishing,

Distribution


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Competitive Resource Interdependencies

  • Newspaper Industry

    • Hollinger, Thompson (The Globe and Mail), Quebecor (The Sun), etc.

  • Multimedia

    • Bell Globemedia, Rogers Communication, etc.


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Competitive Resource Interdependencies

  • Newspaper industry

     competitive & uncertain

     formal linkage mechanisms

     alliance & takeovers

  • Internet media

     new & uncertain

     formal yet cost-effective linking mechanisms

     joint ventures


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Competitive Resource Interdependencies

Strategic Alliance

(Minority Ownership)

Black Press

Torstar Corp.

Strategic Alliance

(Joint Venture)

Metro International

Book

Publishing

Newspaper

MetroToday

Multimedia

Printing,

Publishing,

Distribution

Strategic Alliance

(Joint Venture)

Sing Tao Holdings

Sing Tao Daily


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Competitive Resource Interdependencies

Strategic Alliance

(Joint Venture)

Bell

Torstar Corp.

Book

Publishing

Newspaper

workopolis.com

Strategic Alliance

(Joint Venture)

sympatico.ca

Multimedia

Printing,

Publishing,

Distribution

toronto.com

Strategic Alliance

(Joint Venture)

women.com

eharlequin.com


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Conclusion and Recommendation

  • Torstar Corp. is able to manage their resource interdependencies properly

    • They are in a highly competitive industry

    • They remain as an industry leader

  • Torstar should consider more innovative linkage mechanisms

    • Improve corporate reputation

    • Reduce transaction and management cost


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References

[1] Torstar Properties. Retrieved Feb. 5, 2003 from the World Wide Web: http://www.torstar.com/NASApp/cs/ContentServer?pagename=torstar/Render&c=Page&cid=1024322078706

[2] Metroland Printing Publishing & Distribution Ltd. Retrieved Feb. 5, 2003 from the World Wide Web: http://www.metroland.com/front/publishing/other/

[3] The Write News. (2000, Feb. 15) Women.com Networks and Harlequin Launch Site for Romantics. Retrieved Feb. 5, 2003 from the World Wide Web: http://www.writenews.com/2000/021500_women_harlequin.htm


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