BISG Chair and Hachette Book Group President Kenneth Michaels shares a vision of the book industry's collective future during his closing remarks at Making Information Pay 2013.

1. 1
CLOSING REMARKS
A Vision for Our Collective Future
Ken Michaels
President, Hachette Book Group
Chair, Book Industry Study Group

2. 2
Average Duration of Companies Listed
0
10
20
30
40
50
60
70
80
1957 2012
75 Years 15 Years
?

3. “We spend our
time responding
rationally to a
world which we
understand and
recognize, but
which no longer
exists.” Eddie Obeng

7. 7
Author
Publisher
Retailer/Library
Reader
Manufacturer
Wholesaler

8. 8
Author/Agent
Publisher Retailer
ReaderService Provider
Manufacturer
Wholesaler
Data aggregator
Library

9. 9
Michael Porter’s Five Forces Model

10. “There is a
fundamental shift
that social media
necessitates in
business today - the
need to transition
from 'Me First' to
'We First' thinking.” Simon Mainwaring

11. 11
OBENG’s Message
Do we engage research, education
and others to reset paradigm?
MAINWARINGs Message
Are we collaborating outside our walls
with a “we first” mindset to drive
progress?
PORTER’s Message
Are we trying to redefine rules of
processing in isolation?

13. Education
& Events
Standards &
Best Practices
Research

15. “Working to
create a more
informed,
empowered,
and efficient
book industry.”

18. THEMA
South Africa
Canada
Germany
Australia Switzerland
Denmark
Austria
Italy
Netherland
Norway
Egypt &
Pan Arab Group
France
SpainSweden
United Kingdom United States

19. W3C
EPUB HTML5
Containers Browsers
IDPF

20. Traditional Print
Production
Agile Content
Methodologies

23. Education
and Events
Standards and
Best Practices
Research
Consensus

24. Education
and Events
Standards and
Best Practices
Research

25. Innovate
and
Implement
“We First”
thinking
Growth

26. Innovate
and
Implement
“We First”
thinking

27. Innovate
and
Implement
“We First”
thinking

28. 28
THANK YOU!
A Vision for Our Collective Future
Ken Michaels
President , Hachette Book Group
Chair, Book Industry Study Group