Monday, September 12, 2011
You can just imagine publishers’ mental angst deciding “Should I get out of this rapidly changing fireball of an industry or should I admit that the old ways are going down the drain and commit to learning a whole new process … dealing, perhaps, with an entirely new and separate tech industry?”
Karina Mikhil (pictured), a publishing executive with a Master’s in Publishing from New York University, has some excellent questions and analyses that will help these publishing execs and their firms reach a viable decision.
From Karina Mikhil in Publishing Perspectives:
Migrating to Digital Publishing? The Six Key Questions to Ask
Here are the six “Ws” you need to ask yourself before transitioning from the old to the new: why, who, what, when, which, and where.
The publishing industry is not generally known for being agile or quick to change, yet it is facing one of its biggest times of change probably since the invention of the printing press. At the heart of this is the migration to digital.
Prior to this migration, a time-tested process and structure existed for getting books printed: from acquisition, copyediting and typesetting, to author reviews and proofreading, to print. Although hiccups occurred and no two companies had the exact same workflow, the foundations were the same and ensured quality products got released in expected time frames.
Whether publishers are dealing with online content or e-books, digital only or both print and digital, publishers are now faced with more questions than answers as to how to incorporate the new with the old. Below I provide a framework for those questions, using the traditional 6 Ws: why, who, what, when, which, and where.
Of the six questions, this is the easiest to answer. No publisher can afford to ignore the digital any longer: the tipping point has come and gone; more and more e-books and e-readers are being sold weekly; and authors will begin demanding this, if they haven’t already. And traditional publishers need to offer all things digital to compete with the emerging “digital publishers.”
Even prior to the migration to digital, publishers would do one of two things to keep costs down: outsource as much as possible, keeping headcount down, or the reverse, which is hire talent to keep all services and costs internal. With digital, publishers have to make this decision anew. Should they invest in new talent from other industries (e.g., technology) or in educating existing talent, those who are eager to learn and have a background in publishing? Or should they turn to one of the many conversion and content solutions providers that exist in the market?
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