International Digital Publishing ForumDigital Book 2011, May 23, 2011Transforming the Business of PublishingKen Brooks, Jr.ken.brooks@cengage.com
Digital products  are breaking the steady state relationship between revenue, product investment, and cashRevenues from old products falling off, with some level of reinvestment required to keep it from being precipitous
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.PlanExecuteLevel 0 BusinessCapabilitiesControlBusiness Functionality and ProcessesLevel 1 BusinessCapabilitiesBusiness Process AddTagsIndexEdit Content
Capabilities can be executed by vendors.Strategic Purchasing of CapabilitiesVendor Management ProcessStandardize expectations

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Transforming the Business of Publishing

Editor's Notes

  • #3: Transition: There are three core competencies that can drive significant benefits…
  • #4: 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
  • #7: Aligns with capabilities…take formatting, for example: easiest example of this is paging.
  • #9: In summary, some things to remember