Question

What are the top challenges for Hollywood managers? Can you think of other industry segments that face similar problems?

Answer 1

Top challenges for Hollywood managers:

Challenges that face Hollywood managers include finding the right film executives who will ensure the success of the production and the company. Another challenge is finding the right cast that will relate to the public which will in turn increase the company’s profit.

There is also a challenge of making stories that will bring in audience and generate revenue over time. Data mining is very important in Hollywood to analyse the success and failure of the company. Other industries which face similar problems include governments, technology companies, etc.