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Tag: competition

Publishing and the five competitive forces

Michael E. Porter is a management writer and thinker, whose most famous essay is The Five Competitive Forces That Shape Strategy. I finally read this essay a couple of weeks ago, and it was natural while reading to think about how the five forces relate to publishing. Here’s what I think.

Business

Rising to the challenge

By Florinm
By Florinm

 

A few recent developments in publishing have made me think that publishers are not very good at responding to competition, and additionally there seems to be an attitude of martyrdom whenever a perceived threat to their livelihood emerges on the scene. New technological developments, for example, nearly always get a cynical treatment in publishing news, even if they will make publishing easier or cheaper, or have advantages to the book-buyer. The status quo is not only sacred, but seen to be a kind of birthright.

Business