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International Digital Publishing Forum Digital Book 2011, May 23, 2011 Transforming the Business of Publishing Ken Brooks, Jr. ken.brooks@cengage.com
Digital products  are breaking the steady state relationship between revenue, product investment, and cash ,[object Object]
Reduction in realized price from digital is far exceeding the cost of goods benefit
New and different products, channels and business models are required
New product investment doesn’t yield immediate resultsHow do we keep revenue and cash growing in the face of these dynamics?
Three critical core competencies
Process Management: Product Development
Processes are comprised of capabilities. Plan Execute Level 0  Business Capabilities Control Business Functionality and Processes Level 1  Business Capabilities Business  Process  Add Tags Index Edit Content
Capabilities can be executed by vendors. Strategic Purchasing of Capabilities Vendor Management Process ,[object Object]

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Transforming the Business of Publishing

Notas del editor

  1. Transition: There are three core competencies that can drive significant benefits…
  2. Transition: Let’s look at process management first. There are many processes required in a successful business. The one that is getting most of the attention these days, deservedly so, is product development
  3. Aligns with capabilities…take formatting, for example: easiest example of this is paging.
  4. In summary, some things to remember