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Ken MichaelsCOO, Hachette Book Group Making Information Pay BISG Conference, May 5, 2011
Constructing the 21st Century Publisher 2
“The more things change, the more they remain the same.” 						 – Alphonse Karr
Publishing Constants Finding Talent Funding Author Care Quality of Work Innovation Marketing Reach Sales and Distribution
“Change is the law of life and those who look only to the past or present are certain to miss the future.” 			– John F. Kennedy
The Seven Critical Success Factors Content Simplicity InventoryIntelligence Innovation Reach Relationships Talent
1. Create Content Once for All Forms of Consumption Physical Marketing Apps B2B Communities Paid CONTENT Marketing eBook Mobile *Enhanced
2. Focus on Process:  Simplicity, Integration of Workflows, and Continuous Improvement
Traditional publishing org structure … working in silos CEO Contracts & Royalties Publicity Distribution Sales Publishers Editorial Art Managing Editorial Production Operations IT Fulfillment Finance Ad/Promo Publicity
2. Focus on Process:  Simplicity, Integration of Workflows, and Continuous Improvement Digital Workflow Contracts & Royalties Publicity Warehouse Management Systems DAM Order To Cash Reporting Customers Suppliers Author
3. Master Inventory Intelligence
Product based decisions Bookstore Publisher Distributor Information  based decisions Information Flow ,[object Object]
Inventory levels
Fill Rates
Forecasts
Promotional Activities
New Product Introduction,[object Object]
Data & Intelligence to Inventory Forecasting  Single web-based platform Contact Management  List Management  Campaign Management  ,[object Object]
Targeted distribution of marketing materials
Outbound & inbound marketing
Event-based, time-sensitive marketing activities:

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02 making information pay 2011 -- michaels, kenneth (hachette)