Nelson Leadership Seminar - Post 1

This blog will start a series of posts highlighting key take-a-ways from Thomas Nelson's Leadership Technology Seminar Series. We had the first seminar last Friday. The presenters were Tim Bajarin and Ben Bajarin, the principals at Creative Strategies.

Let's start with these two intersting facts presented at the technology seminar:

1. Processing power is continuing to increase at an amazing pace, while the processors driving that power continue to get smaller
2. The Internet is allowing anyone to connect on anything to any digital content any where in the world

These two converging facts are making our cell phones into what is called smart phones, or basically functional computers that fit easily in our pockets and purses. The iPhone is the most popular smart phone today.


Consider these facts:

• In the United States, 80% of the population has PCs; 77% have mobile phone
• Globally, only 13% of the world's population has computers, but 42% have cell phones
• About 23% of all cell phone purchases today are smart phones

It is estimated by 2012, 50-60% of the world will have smart phones. This raises a series of threats and opportunities to our business. Imagine if half the world's 6.8 billion population can now have access to our content with a device the size of a cell phone. How does that change our publishing strategy from how we acquire rights to print runs on books we sell in a traditional print format?

This is likley a threat to our print volume in the future, but huge opportunity for digital delivery of our content. Read what Michael Shatzkin has to say of the future of e-books in his post Sunday. It will definitely make you think. It might even scare you.

Stay tuned. There is a whole lot of interetsing stuff to come from our first Leadership Technology Seminar.

Future of Book Publishing

I attended BEA a couple weeks ago basically to engage in research for our online and digital strategies. It was the most interesting BEA I have attended, and I have been going to them off an on for 20 years. The anticipation around the imminent changes in our business creates a unique atmosphere.

One of the more interesting speakers was Michael Shatzkin. I have found Michael’s blog, The Shatzkin Files insightful and interesting. In a recent blog, Michael posted his BEA speech:

“Stay Ahead of the Shift: How Content-Centric Publishers Can Flourish in a Community-Centric Web World”

I spend most of day listening to so called “experts” on where our industry is going. If you want to be a leader in publishing in the future, Michael’s views are at least worth considering. It takes 30 minutes to listen to the link, but it is definitely worth it. Michael makes special mention of Thomas Nelson as a publisher that may be on the right path in at least one area.