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Gap Analysis: Harrison-Keyes

Submitted by shella10 on September 24, 2007

Category: Miscellaneous
Words: 2600 | Pages: 11
Views: 591
Popularity Rank: 13,202
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Running head: GAP ANALYSIS: HARRISON-KEYES









Gap Analysis: Harrison-Keyes



Gap Analysis: Harrison-Keyes
The advent of the internet has spawned a great deal of opportunities for individuals and companies alike. Shifts from traditional methods of purchasing consumer goods like music, videos and goods have reshaped the market, and those that are able to adjust to these shifts have not only survived, but also flourished. Harrison-Keyes (HK) stands at the threshold of this opportunity, but before it can rise to the top, it must identify the underlying issues and effectively implement change processes for it to improve the company’s overall situation.
Situation Analysis
Issue and Opportunity Identification
Harrison-Keyes is a global publisher of print products specializing in a plethora of books ranging from scientific, technical and business books and journals, to professional and consumer books, textbooks and other educational materials for all levels of study. Over a century old, HK’s success was anchored by publishing the works of literary giants, and as time progressed, adjustments towards publishing business, scientific and technical works have allowed the company continued success. In recent years however, HK, as with the entire publishing industry, has been experiencing dips in profits. The advent of low-cost retailers have driven prices down, thus profitability, even mere survival, has become a challenge for this once-industry leader.
Harrison-Keyes started its venture into e-publishing through the leadership of its former Chief-Executive-Officer (CEO), Meg P. McGill. Meg McGill comes from a technical background, thus found it elementary for the company to align itself with the global trend of digitalization. Setbacks during her term ranging from technical difficulties to problems with HK’s formatting partner...

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