In our seminar on Monday we discussed businesses models. We looked the disruptions that some media business models have gone through in the past few decades, and how come businesses fail as they do not realize just how disruptive these changes will be. We then looked disruptions to the book publishing model, using the following frameworks: resources, processes and values. For example, the disruption of digital means that companies may need new staff, or they will need to train existing staff. Technology, hardware and software need to be constantly updated. Publishers need to ensure that their brand had a solid web presence. The better a company’s web presence, the more involved the consumer feels in the company. This gives the consumer a better value proposition and makes them more likely to continue using the business.
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