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The Business of Baseball – How America’s Pastime Drives Innovation with Bill DeWitt of the St. Louis Cardinals

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Content provided by Anders CPAs + Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anders CPAs + Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The speed of innovation and technological advances over the past decade has been transformative for all businesses, 100-year-old companies and growing startups alike. Baseball’s storied history in America has played a huge role in its popularity, but like any other business, it’s had to evolve to keep up with technology and customer expectations.

St. Louis Cardinals President Bill DeWitt III and the MLB understood that their audience and their expectations were changing, and competition for entertainment was mounting due to smartphones, among other catalysts. This presented a unique challenge and opportunity for the game of baseball to adapt while remaining true to its beloved traditions.

But Who’s Counting? hosts Dave Hartley and Missy Kelley sat down with Bill to discuss his tenure with the Cardinals and what prompted changes to the game in 2023. They dig into the impact of technology on the game for fans and players, as well as:

  • The role of data analytics in driving a better fan experience and operational improvements
  • Why it’s important to experiment with big changes before implementing
  • Why diversifying, both to cater to different audiences and in revenue streams, ultimately creates more satisfying experiences
  • How technology has affected the game and the business
  • The link between creativity and innovation

“That’s what baseball’s insight was: how you frame the problem and how you communicate with fans who are so passionate about the game so that they understand that we’re trying to create a better version of the game. It was a goal, a North Star, to find the best version of the game itself, and that appeals pretty much to everybody.” – Bill DeWitt III
Resources to Count On

Check out these additional resources for more insight into the conversation:

Make sure to never miss an episode by subscribing on Spotify, Pandora or Apple Podcasts and let us know what you think by rating and reviewing. Keep up with more Anders insights by visiting our website and following us on social media:
Facebook | LinkedIn | Instagram | Twitter

  continue reading

Chapters

1. Innovating the Business of Baseball (00:00:00)

2. Baseball Rules Changes Increase Viewer Interest (00:04:08)

3. Evolution of Baseball Fan Experience (00:09:48)

4. Balancing Tradition With Innovation in Baseball (00:17:27)

5. Innovating Revenue Streams in Baseball (00:28:24)

32 episodes

Artwork
iconShare
 
Manage episode 424585399 series 3546363
Content provided by Anders CPAs + Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anders CPAs + Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The speed of innovation and technological advances over the past decade has been transformative for all businesses, 100-year-old companies and growing startups alike. Baseball’s storied history in America has played a huge role in its popularity, but like any other business, it’s had to evolve to keep up with technology and customer expectations.

St. Louis Cardinals President Bill DeWitt III and the MLB understood that their audience and their expectations were changing, and competition for entertainment was mounting due to smartphones, among other catalysts. This presented a unique challenge and opportunity for the game of baseball to adapt while remaining true to its beloved traditions.

But Who’s Counting? hosts Dave Hartley and Missy Kelley sat down with Bill to discuss his tenure with the Cardinals and what prompted changes to the game in 2023. They dig into the impact of technology on the game for fans and players, as well as:

  • The role of data analytics in driving a better fan experience and operational improvements
  • Why it’s important to experiment with big changes before implementing
  • Why diversifying, both to cater to different audiences and in revenue streams, ultimately creates more satisfying experiences
  • How technology has affected the game and the business
  • The link between creativity and innovation

“That’s what baseball’s insight was: how you frame the problem and how you communicate with fans who are so passionate about the game so that they understand that we’re trying to create a better version of the game. It was a goal, a North Star, to find the best version of the game itself, and that appeals pretty much to everybody.” – Bill DeWitt III
Resources to Count On

Check out these additional resources for more insight into the conversation:

Make sure to never miss an episode by subscribing on Spotify, Pandora or Apple Podcasts and let us know what you think by rating and reviewing. Keep up with more Anders insights by visiting our website and following us on social media:
Facebook | LinkedIn | Instagram | Twitter

  continue reading

Chapters

1. Innovating the Business of Baseball (00:00:00)

2. Baseball Rules Changes Increase Viewer Interest (00:04:08)

3. Evolution of Baseball Fan Experience (00:09:48)

4. Balancing Tradition With Innovation in Baseball (00:17:27)

5. Innovating Revenue Streams in Baseball (00:28:24)

32 episodes

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