Don Tapscott, CEO, The Tapscott Group
The Digital Economy:
Rethinking Promise and Peril in the Age of Networked Intelligence
When Don Tapscott wrote The Digital Economy in 1994-95, The Digital Age was in its infancy. The pioneering Netscape Web browser 1.0 was in beta, websites didn’t do transactions, we all used dial-up modems, and smartphones didn’t exist. Google, YouTube, Netflix, Facebook, and Twitter wouldn’t appear for many years.
Yet Tapscott’s analysis – raising issues such as networked business models, the impact of technology on privacy, the inevitable demand for corporate transparency, and the influence of new media on successive generations — deftly captured the many opportunities and challenges that lay in store for society. His pioneering term “digital economy” is now ubiquitous.
Today Tapscott reflects on the last 20 years and takes a Reality Check for the digital age. He explains that while much of the promise has been fulfilled there so have many of the dangers he predicated 2 decades ago. He argues that as with all disruptive platforms and social revolutions, networked intelligence destroys as it creates. Technology is also the foundation of new species of businesses that are capable of wiping our entire industries. Digital Conglomerates such as Google are achieving leadership roles in a dozen industries, where they do a better job with a fraction of the employees. Excess Capacity Networks like Uber, Lyft, and Airbnb hold the power to wipe out jobs in industries ranging from taxis to hotels. Data Frackers like Facebook are acquiring vast treasure troves of data that position them to dominate multiple industries.
Some of the issues he addresses.
Open Access in Two Acts
The open access environment changes on a daily basis – and just keeping up with last week’s news can leave a publisher losing out. From licenses, collaborations, models, new services, or information sources beyond the journal, today’s publisher is juggling a variety of innovative open access pilots. Let’s move beyond the basics and hear from some key innovative publishers as David Crotty moderates Open Access in Two Acts.
OA 1: Speed-Dating
Licenses – why CC BY?
OA and the Challenges Presented to Humanities Journals
OA 2: Beyond Journals: Books
Experiments in OA book publishing: what have we learned?
David Crotty, Senior Editor, Oxford University Press
Seth Denbo, Director of Scholarly Communication and Digital Initiatives, The American Historical Association
Gita Manaktala, Editorial Director, The MIT Press
John Wilbanks, Chief Commons Officer, Sage Bionetworks
[Dinner on Your Own]
Event Horizons: Investment Community Perspectives on the Professional & Scholarly Information Industry
A key function of the financial community is to allocate capital to businesses with the best prospects for revenue and profit growth. M&A activity is alive and well in the professional and scholarly information industry, evidenced by recent high-profile transactions like the acquisition of McGraw-Hill by Apollo Management, the divestiture of Highwire Press by Stanford University, and the acquisition of Mendeley by Elsevier. In this session key players from the world of investment banking and private equity will offer their views on the trajectory of the industry and how the greatest value is being created.
Scott Grillo, VP, Publisher McGraw-Hill Professional, McGraw-Hill
Thane Kerner, CEO, Silverchair Holdings LLC
Gregory R. Miller, Managing Director, Greenhill & Co.
Brian A. Napack, Senior Advisor, Providence Equity
Thomas P. O’Connor, Managing Director, Berkery Noyes
Ann M. Riposanu, EVP Strategy, Business Development and M&A, Wolters Kluwer Health
PSP Business Meeting (PSP Member Companies Only)
PSP Budget, Goals, and Plans for FY 2015–2016
Presentation of New Executive Council Officers for 2015-2016
|Symposium topic #1:
Prospering in a Multimedia World:
Publishers as Non Traditional Content Providers
For both eBooks and Journals, publishers now have to consider the pros and cons of incorporating other content formats, i.e., video and other multimedia content, such as data sets and perhaps interactive content, to their traditionally static, text-based products.
How to develop/produce multimedia content, whether it is needed or relevant to a publisher’s particular audience, and also, whether to acquire the tools to develop this new content “in-house” (the do-it-yourself, or DIY approach), versus using an outside technology partner, or service provider to do so.
Symposium topic #1:
Adapting Education: How Adaptive Learning Can Benefit Professionals
By leveraging innovative technologies and advanced analytics, adaptive learning is bringing a new level of customized study to the classroom, but can it go further? This session will explore how adaptive learning vendors are combining forces with scholarly publishers to not only address professional’s initial class-based training and preparation, but to also to become a prominent force in their lifelong training and education needs.
How can technology, data, and a deeper understanding of the learning process come together to provide a personalized experience beyond the classroom in environments where training, board review, certification, and maintenance of certification are critical to the user community? By dynamically assessing each users’ level of expertise and their unique needs, adaptive learning technology can be used to determine user proficiencies, identify knowledge gaps, and predict performance, enabling the learner to more accurately assess their abilities and direct their preparation time and efforts effectively.
PROSE Awards Luncheon(Tweet live at the luncheon #PROSEAwards)
|Symposium topic #2:
Chunking Book Content for Extra Profit!
The scholarly publishing industry has transitioned a lot of their book content to digital. But once the backlist and archives have been digitized and uploaded, then what? Can these incredible troves of content be repurposed? How can the long tail be monetized? Metadata, semantic analytics, and other tools provide publishers with the opportunity to create new derivative content, products, and services that will lead to new profits! Our panel will explore the current landscape of chunking content and what is in store for the future!
Symposium topic #2:
An Interview with… Tom Allen, AAP’s President & CEO will interview Elaine C. Kamarck and A. Thomas McLellan
Ms. Kamarck is the author of “How Change Happens—or Doesn’t: The Politics of US Public Policy”. Elaine served in the White House from 1993 to 1997, where she created and managed the Clinton Administration’s National Performance Review, also known as reinventing government.
Librarians as Publishers
The relatively new phenomenon of research library as publisher is an important facet of the changing landscape of scholarly communications—and inevitably raises questions among “conventional” publishers. For example: What have been the primary motivators spurring the development of library publication programs? (An attempt to redress a lack of publishing opportunities in particular fields and/or for a particular group of scholars? Other factors?) What can library publishers offer that conventional scholarly publishers cannot? Are there avenues for partnership between library and conventional publishers? During this session, three expert panelists will address these questions as they explore the varying roles of library publishers and discuss how those roles fit into the mission of the research library of tomorrow.
Jennifer Crewe, President & Director, Columbia University Press
Lynne Rienner, President & CEO, Lynne Rienner Publishers
Alex Holzman, CEO, Alex Publishing Solutions
Tyler Walters, Dean, Virginia Tech University Libraries
Charles Watkinson, Associate University Librarian, Publishing / Director, University of Michigan Press University of Michigan Library
[Dinner on Your Own]
Howard Ratner, Executive Director, CHORUS
Researchers our ultimate customer! How do we provide them more value?
Researchers are faced with a plethora of challenges that interface with the publishing world, whether it is from the peer review process, promoting articles and obtaining Grant funding. Publishers are actively working to provide researchers with services that better enable them to meet these challenges successfully. Join us as our panel explores this topic from a 360° viewpoint, sharing their perspective on what emerging needs researchers have or anticipate having in the future and debating what are the best practices in improving the value chain of the researcher.
Sarah Tegen , Vice President, Global Editorial & Author Services, Journals Publishing Group American Chemical Society
Glen Campbell,Managing Director, North America, The BMJ Publishing Group
William Jackson, Assistant Professor, Medical College of Wisconsin
Simone Sacchi, Research and Scholarship Initiatives Manager at Center for Digital Research and Scholarship, Columbia University
True innovation at its core should disrupt the status quo but more importantly improve the value chain. How do you transcend your company’s culture to be innovative and create a more competitive environment? What is true innovation and how do you achieve it? Our panel of innovators will explore this topic and share with you their insights, thoughts and experiences on innovation.
Darrell W. Gunter, Founder and CEO, Gunter Media Group, Inc.
Chirantan Bhatt, Founder and CEO, tapCLIQ
Eric Hellman, Founder, Unglue.it
Stephen A. Leicht, Managing Director, ÜberResearch
Daniel Stinfil, CEO, PrepCube.com