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1
CLOSING REMARKS
A Vision for Our Collective Future
Ken Michaels
President, Hachette Book Group
Chair, Book Industry Study Group
2
Average Duration of Companies Listed
0
10
20
30
40
50
60
70
80
1957 2012
75 Years 15 Years
?
“We spend our
time responding
rationally to a
world which we
understand and
recognize, but
which no longer
exists.” Eddie Obeng
7
Author
Publisher
Retailer/Library
Reader
Manufacturer
Wholesaler
8
Author/Agent
Publisher Retailer
ReaderService Provider
Manufacturer
Wholesaler
Data aggregator
Library
9
Michael Porter’s Five Forces Model
“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
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?
Education
& Events
Standards &
Best Practices
Research
“Working to
create a more
informed,
empowered,
and efficient
book industry.”
THEMA
South Africa
Canada
Germany
Australia Switzerland
Denmark
Austria
Italy
Netherland
Norway
Egypt &
Pan Arab Group
France
SpainSweden
United Kingdom United States
W3C
EPUB HTML5
Containers Browsers
IDPF
Traditional Print
Production
Agile Content
Methodologies
Education
and Events
Standards and
Best Practices
Research
Consensus
Education
and Events
Standards and
Best Practices
Research
Innovate
and
Implement
“We First”
thinking
Growth
Innovate
and
Implement
“We First”
thinking
Innovate
and
Implement
“We First”
thinking
28
THANK YOU!
A Vision for Our Collective Future
Ken Michaels
President , Hachette Book Group
Chair, Book Industry Study Group

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MIP 2013 -- Closing Remarks -- Kenneth Michaels