Introduction
In the fast-paced world of online gaming, the role of Chief Financial Officer (CFO) and Chief Games Officer (CGO) may seem like polar opposites. However, Michael Bauer, who holds both positions at Greentube, reveals how they complement each other. In this article, we explore Bauer's journey, his data-driven approach, and Greentube's quest for innovation.
Balancing Finance and Game Strategy
As the CFO of Greentube since 2015, Bauer's responsibilities cover financial matters, including accounting and mergers and acquisitions. In 2017, he added the role of CGO to his portfolio, focusing on game strategy, production, sales, and operations. While these roles appear distinct, Bauer sees a strategic connection between them, emphasizing his focus on strategic aspects of operations, such as M&A and market expansion.
Market Expansion and Business Planning
Greentube's global expansion demands meticulous market analysis and planning. For each market, Bauer devises a business plan, evaluates competition, and sets revenue and client targets. His financial background proves invaluable in making informed decisions.
Data-Driven Game Design
Bauer's expertise extends to analyzing game performance data, tailoring games to different player groups. Understanding player preferences through statistics guides game development. Data-driven insights play a pivotal role in Greentube's game creation process.
Innovation in Gaming
Greentube doesn't shy away from innovation. Bauer dedicates a portion of the budget to developing new game concepts, acknowledging that not all ideas succeed. Yet, innovative games can disrupt the market and attract players, offering a fresh gaming experience.
Balancing Risk and Innovation
While imitating successful games has its merits, Greentube's focus remains on pioneering new mechanics and defining the market's direction. A careful balance between innovation and financial stability is essential to manage the risk.
Inspiring the Team
Bauer's diverse career background, from auditing to construction, has instilled a results-oriented work ethic. He emphasizes collective effort and growth, motivating his team to surpass competitors. Additionally, he highlights the importance of enjoying one's work and maintaining a work-life balance.
Conclusion
Michael Bauer's dual roles at Greentube exemplify the fusion of finance and game strategy in the gaming industry. His journey, data-driven approach, and commitment to innovation shape Greentube's path in the ever-evolving world of online gaming.