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Essay text:
On top of the recent issues, the company hired a new CEO with opposite visions on the publishing industry compared with his predecessor.
Describe the Situation
Issue and Opportunity Identification
Harrison-Keyes is a well-established global publisher of print products operating in a market with fierce competition, which has led to a decline in sales over more than a decade. One of the key challenges for Harrison-Keyes is to look for new sources of profit that will take the company into the 21st Century. The board recently fired its CEO Meg McGill, who strongly supported e-publishing. Mrs. McGill was replaced by William Guardo, a former president of a competing publisher favoring traditional publishing...
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