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The rise of new e-book business models [Frey & TrendBiz.net]

On 05/27/2011, in change, digital learning, disruption, e-books, new business models, publishing, reinvent, by Daniel Christian

The rise of new e-book business models — from TrendBiz.net by futurist Thomas Frey
Experimenting our way to success – reinventing publishing models

 

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Excerpt:

Futurist Thomas Frey: Amazon revolutionized book reading in 2007 when it introduced its Kindle book reader. Within the past three years, the explosive sale of book readers has caused a massive surge in the sale of e-books, already outpacing the sale of hardcover books, with a prediction by Amazon CEO Jeff Bezos that they will outsell paperbacks within the next year.

We are witnessing a major transformation of this industry. Within five years, the vast majority of all books sold will be e-books. Big box retailers like Barnes & Nobel and Borders will have shuttered most of their storefronts. The printing press industry, along with the craftsmen of ages past who have made a fine art of applying ink to paper, will be mothballing their machines. And the media, almost in unison, will begin writing the eulogy for this 500-year old industry.

But before we focus too much on what we’ve lost, we need to pay close attention to the other side of the equation. Digital book publishing will be an exciting new industry with truly amazing potential for growth.

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(From DSC) Another example of what happens when an organization doesn’t take a pulse check on the trends & the future

On 05/16/2011, in change, changing business models, disruption, future, new business models, publishing, reinvent, surviving, trends, by Daniel Christian

Borders lacks bidder for chain, sources say — Detroit Free Press

Borders Group, the bookstore operator looking to reorganize in bankruptcy, has so far failed to find a bidder for the entire chain, according to four people familiar with the matter.

Also see:

 

 

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The story so far: What we know about the business of digital journalism [Grueskin, Seave, Graves]

On 05/11/2011, in business, business side of he, change, changing business models, disruption, innovation, internet, journalism, reinvent, by Daniel Christian

The story so far: What we know about the business of digital journalism — from Columbia Journalism School by Bill Grueskin, Ava Seave, & Lucas Graves

From DSC:
This type of report is relevant for many of the industries being disrupted by the Internet, including higher education. To me, the words “reinvent” and “innovate” came to my mind while reviewing this report.

Also see:

 

 

 

 

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Stepping up to the Genius Bar [Waters]; involves the changing role of campus bookstores

On 05/10/2011, in change, colleges, community colleges, digital textbooks, disruption, e-books, e-readers, future, higher education, new business models, organizational change, publishing, reinvent, tablets, universities, by Daniel Christian

Stepping up to the Genius Bar — from CampusTechnology.com by John Waters
As they reconsider their role on campus, college bookstores take inspiration from the Apple Store.

Excerpt:

“The advent of this technology isn’t going to eliminate the need for college bookstores,” insists Isabella Hinds, director of digital strategies and products for Follett Higher Education Group. “It’s disruptive–or it will be, eventually–but the role of the bookstore is already evolving. The college bookstore of the future is likely to be a very different environment. The digital textbook is going to be one of a range of course-material offerings…delivered on a variety of devices. As these options proliferate, the expertise of the bookstore personnel will be much more important. They will become trusted advisers who can talk knowledgeably about the strengths and weaknesses of increasingly sophisticated and complex products.”

In other words, the college bookstore of the future is going to look a lot like an Apple Store.

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The “Pedagogy of Poverty” in the Learning Age [NCTAF]

On 04/29/2011, in economics, education, education reform, K-12 related, leadership, reinvent, relationships, society, strategy, student-related, teaching & learning, United States, vision/possibilities, by Daniel Christian

The “Pedagogy of Poverty” in the Learning Age — from NCTAF

Excerpt:

Test results. Student achievement. These are mainstays of the conversation about what education “reform” is trying to achieve. But are they useful proxies for teaching and learning?

Testing cannot be the sole aim of education because test scores don’t tell the whole story of what is going on in classrooms around the nation. Higher test scores do not equate to deeper learning, which goes beyond “competence” to synthesis and analysis across disciplines. And deeper learning is not a luxury in the learning age; it’s a necessity and a right.

 

From DSC:
We are all in this together – let’s find ways to help each other and to learn from each other.

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Netflix reinvents itself — to its own benefit and to Blockbuster’s downfall

On 04/27/2011, in business, dangers of the status quo, Daniel S. Christian, digital video, disruption, innovation, new business models, pace of change, reinvent, staying relevant, strategy, vision/possibilities, by Daniel Christian

From DSC:
Netflix reinvents itself — to its own benefit and to Blockbuster’s downfall.  By the way, note how quickly this happened! There’s a lesson in this for higher ed (though perhaps the speed of such changes may be different in higher ed).

Some items on this:

Blockbuster’s Fall and Netflix’s Rise, in Pictures

 

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A hugely powerful vision: A potent addition to our learning ecosystems of the future

On 04/09/2011, in 21st century, 24x7x365 access, A/V -- audio/visual, change, colleges, convergence, dangers of the status quo, Daniel S. Christian, digital audio, digital learning, digital photography, digital storytelling, digital textbooks, digital video, disruption, distance education, e-books, e-readers, education, education reform, education technology, educational games / serious games, elearning, emerging technologies, engagement / engaging students, entrepreneurship, future of higher education, game-changing environment, generational differences, global / globalization, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), hybrid learning, immersion, informal learning, innovation, instructional design, intelligent systems, intelligent tutoring, interaction design, interactivity, interface design, internet, IT in HE, K-12 related, learning agents, learning ecosystem, learning spaces, lifelong learning, marketplaces, mobile learning, mobile technologies, multi-touch, multimedia, New "Amazon.com" of Higher Education, new business models, new media literacies, online learning, online media, online tutoring, pace of change, personalized/customized learning, platforms, play, podcasting, professional development, reinvent, RSS, simulations, smart classrooms, social learning / networks, social media, society, storytelling, strategy, student teaching/teacher education, student-related, surviving, tablets, teaching & learning, teaching online, technologies for your home, technology (general), telecommunications, telepresence, television, transmedia, trends, ubiquitous learning, universities, user experience (UX), using teams, videoconferencing, virtual field trips, virtual K-12 schools, Virtual Reality (VR) / worlds / learning, virtual tutoring, vision/possibilities, web-based collaboration, webinars, by Daniel Christian

 

Daniel Christian:
A Vision of Our Future Learning Ecosystems


In the near future, as the computer, the television, the telephone (and more) continues to converge, we will most likely enjoy even more powerful capabilities to conveniently create and share our content as well as participate in a global learning ecosystem — whether that be from within our homes and/or from within our schools, colleges, universities and businesses throughout the world.

We will be teachers and students at the same time — even within the same hour — with online-based learning exchanges taking place all over the virtual and physical world.  Subject Matter Experts (SME’s) — in the form of online-based tutors, instructors, teachers, and professors — will be available on demand. Even more powerful/accurate/helpful learning engines will be involved behind the scenes in delivering up personalized, customized learning — available 24x7x365.  Cloud-based learner profiles may enter the equation as well.

The chances for creativity,  innovation, and entrepreneurship that are coming will be mind-blowing! What employers will be looking for — and where they can look for it — may change as well.

What we know today as the “television” will most likely play a significant role in this learning ecosystem of the future. But it won’t be like the TV we’ve come to know. It will be much more interactive and will be aware of who is using it — and what that person is interested in learning about. Technologies/applications like Apple’s AirPlay will become more standard, allowing a person to move from device to device without missing a  beat. Transmedia storytellers will thrive in this environment!

Much of the professionally done content will be created by teams of specialists, including the publishers of educational content, and the in-house teams of specialists within colleges, universities, and corporations around the globe. Perhaps consortiums of colleges/universities will each contribute some of the content — more readily accepting previous coursework that was delivered via their consortium’s membership.

An additional thought regarding higher education and K-12 and their Smart Classrooms/Spaces:
For input devices…
The “chalkboards” of the future may be transparent, or they may be on top of a drawing board-sized table or they may be tablet-based. But whatever form they take and whatever is displayed upon them, the ability to annotate will be there; with the resulting graphics saved and instantly distributed. (Eventually, we may get to voice-controlled Smart Classrooms, but we have a ways to go in that area…)

Below are some of the graphics that capture a bit of what I’m seeing in my mind…and in our futures.

Alternatively available as a PowerPoint Presentation (audio forthcoming in a future version)

 

 

 

 

 

 

 

 

 

 

 

 

 

— from Daniel S. Christian | April 2011

See also:

Addendum on 4-14-11:

 

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The anti-Blockbuster way: Disrupt your business rituals before someone else does

On 04/08/2011, in change, changing business models, disruption, leadership, reinvent, strategy, vision/possibilities, by Daniel Christian

The anti-Blockbuster way: Disrupt your business rituals before someone else does — by Martin Lindstrom

 

 

Excerpt:

Over the years, I’ve worked with many companies who stubbornly believe their product couldn’t be beat. Some were right. Most were wrong. Very often, some of the world’s most iconic brands wake up to an extraordinary industry shift that takes them by surprise–but which, looking back, could have been predicted. The question is: wouldn’t it be better to intuit what the future may resemble before market forces and innovations “suddenly” wreak havoc with your company a few years down the line?

My advice? Throw a live-wire idea–or two, or three, or four–onto your boardroom table now. Get speculative. Get futuristic. Put on your Spock ears. Grab your TED microphone. There’s no other way to uncover how poised you are for a radical change in your industry’s future. If you’re a technology company, spend some time surfing the web in search of intriguing and even jarring slogans that could smash your entire category–such as Skype’s “The Whole World Can Talk for Free,” or Compaq’s “Has it Changed Your Life Yet?” Now try one or another of these slogans on for size. Do they transform the near and far edges of your business? Next question: Who got there first–you or someone else?

…

Which is why I recommend that you pre-order your own wake-up call today.

 

From DSC :
This goes for higher ed as well…

 

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How Netflix innovates and wins

On 03/17/2011, in business, disruption, innovation, leadership, reinvent, strategy, vision/possibilities, by Daniel Christian

How Netflix innovates and wins — from Forbes.com by Chunka Mui

Excerpt (emphasis DSC):

Netflix illustrates a design principle that any company aspiring to succeed at disruptive innovation must adopt. It has four parts:

  1. Think Big
  2. Start Small
  3. Fail Quickly
  4. Scale Fast

…

Hastings pursued his big idea, streaming video, even though it would render obsolete his wonderfully successful, highly tuned, mail-based system for distributing DVDs.

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The need to constantly reinvent ourselves as well as our organizations

On 01/13/2011, in career development, corporate / business world, future, higher education, organizational change, reinvent, workplace, by Daniel Christian

From DSC:
Below is a link to an article at USA Today — as well as a few graphics — to demonstrate the increasingly important requirement (nowadays) to constantly reinvent yourself and to stay marketable. Just as organizations need to do this, each of us as individuals in charge of our own careers need to do this.

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Tense time for workers, as career paths fade away

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The Future of Work -- presentation from December 2009 -- odesk.com

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Another example that supports what Clayton Christensen/Michael Horn have been saying…

On 11/06/2010, in change, changing business models, disruption, future of higher education, game-changing environment, reinvent, staying relevant, technologies for your home, trends, by Daniel Christian

From DSC:
All of us must constantly reinvent ourselves — if current trends continue, this will become truer with each day that passes for the rest of our lifetimes.

The article below points out yet another example of how the entrenched incumbents who don’t reinvent themselves ultimately lose customers, and therefor relevancy. It is very difficult to make a right turn from our traditional “bread and butter” business models and methods of doing business.  But if an organization is to stay atop its field, it must reinvent itself.  This is not a message for just the corporate world — it is a message for those of us within higher education.

Cable TV Bleeds Subscribers, Internet TV Cleans Them Up — from FastCompany.com by Austin Carr

Free Internet TV

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Staying Relevant

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5 things Netflix streaming can teach higher ed

On 10/29/2010, in change, disruption, future of higher education, higher education, innovation, leadership, reinvent, strategy, vision/possibilities, by Daniel Christian

5 things Netflix streaming can teach higher ed — by Joshua Kim

1. Replace Yourself:
Where can we replace ourselves in higher ed, before someone else does it for us?

2. Service Tomorrow:
Do we have a good idea how education will be constructed, delivered and consumed in the future?

3. Experience, Not Technology:
How can we in higher ed focus on the experience of learning, as opposed to the delivery mechanism?

4. Be Fearless:
How can we be more fearless in higher ed, and be willing to take risks for our students?

5. Design For Your Customer:
Are we in higher ed offering enough choices for how our students’ want to consume and participate in learning?


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