Problem Solution: Harrison-Keyes Inc.The new strategic plan will convert Harrison-Keyes' existing and new publications to electronic format

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Problem Solution: Harrison-Keyes Inc.    

Running head: PROBLEM SOLUTION: HARRISON-KEYES INC.

Problem Solution: Harrison-Keyes Inc.

LaKisha Spurlock

University of Phoenix

John Matthews, Jr.

Week 4

August 24, 2006


Problem Solution: Harrison-Keyes Inc.

Over a century old, Harrison-Keyes, Inc. is a successful publication company that is recognized internationally.  The company started out publishing “the works of literary giants” and with the changes in demand, the company adapted and focused more on publishing business, scientific, and technical journals or publications.  With the recent advances in technology and the gaining popularity of e-books, Harrison-Keyes’ Board firmly believes that in order for the company to continue with its growth and not become obsolete, the company has to once again adapt.  The new strategic plan will convert Harrison-Keyes’ existing and new publications to electronic format.  Before Harrison-Keys can successfully implement its strategic plan, the company has to consider several variables, such as the challenges, ethical dilemmas, and opportunities that exist.

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Describe the Situation

Issue and Opportunity Identification

Meg McGill, Harrison-Keyes’ new Chief Executive Officer (CEO), was hired on during the strategic implementation of the project and was not part of the strategic planning.  Her background is high-tech and is a big proponent of digital media and anything high-tech.  She may not have full understanding of print publication.  Harrison-Keyes has suffered the woes plaguing the entire industry.  There has been a loss in revenue due to competition from low-cost retailers and lenient return policies.  

Mark Evans, the Chief Information Officer (CIO) lacks formal education in IT and his knowledge ...

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