The document discusses seven key processes that publishers must transform digitally: planning, editorial and production, rights and royalties, manufacturing, promotion and marketing, sales and licensing, and distribution and fulfillment. It argues that many publishers are not ready for digital transformation, remaining too focused on print. It outlines challenges publishers face in each process when not optimized for digital and how publishers can transform each process, such as using XML, digital asset management, and integrating systems. The document encourages publishers to pilot programs, test innovations, and complete a survey on ebook publishing efforts.