Presentation on theme: "PSPB Initiative on Competitive Positioning 2008 A briefing for the IEEE OU Series February 2008 John Baillieul, Vice President, PSP."— Presentation transcript:
PSPB Initiative on Competitive Positioning 2008 A briefing for the IEEE OU Series February 2008 John Baillieul, Vice President, PSP
Why we need to think about Competitive Positioning? Now, HERE, said the Queen, it takes all the running YOU can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!'
What is the Initiative on Competitive Positioning? Historically we had a coordinated way to benchmark ourselves against the competition from a library sales point of view Examples: price comparisons, journal impact factor, web delivery features But in other dimensions of competitive positioning we have a less coordinated view Timeliness of publications Services to authors, reviewers Identifying new forms of content, methods of delivery, operating procedures System availability and user support
Why worry now about Competitive Positioning? PSPBs strategic plan observes that a confluence of factors is forcing the reinvention of STM publishing Large-scale consolidation in the STM publishing industry: IEEE is farther from being the largest publisher than in the past Publishers of comparable and larger size are also reinventing themselves The STM Publishing industry faces the challenge of new business models; we must be prepared Number of so-called open access journals is increasing; Boundaries between free and restricted Web content will increasingly challenge our relationships with members and customers
Whats Different About PSPBs New Competitive Positioning Initiative? A cross organizational joint task force PSPB and TAB - volunteers + staff Eventually could include others: EAB, Standards A goal to create understanding – and maybe even agreement – across IEEE organizational units on several key points: The elements of competitive positioning that are essential to our reputation; The competitive advantages in todays interdisciplinary world of presenting a more coordinated front to the outside world; and The potential advantages in savings and efficiencies offered by our scale
Goals of the PSPB Initiative on Competitive Positioning Identify key areas of competitive positioning: Quality of publications Quality of experience for all users: authors, reviewers, readers For each key area, the initiative will establish Metrics of performance Performance goals Procedures for assessment Identify opportunities to improve product line Rapid development of new products and services Transition strategies for underperforming products and services Exit strategies for products and services that consistently fail to be market leaders
Initial Efforts In PSPBs Initiative on Competitive Positioning Formal efforts to track what competitors are doing: Were getting our own subscriptions to competitor publications (AMS, APS, Elsevier, etc.) Engage our own volunteers who are also involved with other STM published to share their user experiences Efforts to benchmark key components of competitive positioning: Timeliness survey now underway IEEE SPC conducting Strategic Program Assessments of many lines of products and services – are they the right ones in terms of the competitive market place? IBM assessment of Xplore availability and recommendations to improve
Potential Outcomes Of The PSPB Initiative More emphasis on new products and services: New ways to support professional communities Increased availability of real-time help New forms of content that cross-cut our fields of interest. Expanded promotion and advertising IEEE publications are in many cases leaders in their fields. We can do more to publicize this to the author and reader community
Potential Outcomes Of The PSPB Initiative Specific idea: IEEEdia - an open access on-line technology encyclopedia created and maintained by IEEEs membership Example: searching for information about Fourier transform leads Google to: en.wikipedia.org/wiki/Fourier_transform and mathworld.wolfram.com/FourierTransform.html Why not IEEE?
Resources Related to The PSPB Initiative Customer service and support Staff positions---new and redefined New products and services Buy-in from OUs Need to establish non-print-centric mindset for publishing
A multifaceted effort to Assess the market position of IEEE Publications services and products vis-à-vis other technical scholarly publishers; Identify new forms of content, methods of delivery, and operational procedures aimed at keeping IEEE at the industrys cutting edge; Ensure that the IEEE becomes and remains the gold standard for web-based access to publications services and products; Ensure that IEEE Publishing has impeccable customer satisfaction---among readers and users, within the author community, and among the volunteers who carry out our peer review mission. The PSPB Initiative Redux
Goals of the PSPB Initiative on Competitive Positioning Identify obstacles to enhancing IEEEs business agility in information products and services Are roles and responsibilities of the various IEEE OUs understood with regard to managing their products and services? Societies and Councils PSPB TAB and its committees: Periodicals, Conference Publications, Products & Services Committee New Marketing and Sales Committee IEEE Strategic Planning Committee How do these roles and responsibilities need to be updated to enhance IEEEs effectiveness?