There’s an interesting NY Time’s Article about the problem Playboy Enterprises has had that we also talk about all the time in the learning industry.
The squeeze between old media and new media.
Explanation by CEO talking out both sides of mouth: Christie Hefner says the problems are due to “the dual challenges of structural transformation in our traditional media business and a difficult U.S. economy and unprecedented changes in the way consumers access and use media content.” Later in the article she says, “there isn’t anything different about the fact that people can access content on the Internet because they could access it in other forms before.”
I pause to ponder… First, I thought the sex industry was recession-proof. Second, what’s different about accessing content? Oh, yeah… I can rate it, create it, tag it, share it, discuss it, mash it up, and OH YEAH, it’s mostly free. There isn’t anything different? Really?
Analysis: Ed Moran, director of production innovation at Deloitte noted, “Their [Playboy’s] model worked very well when what they sold was hard to come by, but now they’re living in a world where there are zero distribution costs because of the Web and a tremendous variety of material that is limited only by your ability to search for it.”
I pause …could it be that they just let the brand stagnate? Can they still think people read Playboy for the “breadth of content?” [I know, you only read it for the articles...ha ha! Good one. I've only heard it like...gee...a zillion times.]
So, the plan to keep Hugh Hefner in satin jammies: casinos, men’s perfume, upgrade online operation, improve content, put videos on YouTube, and continue profitable licensing of brand.
To me, this means they are adding depth and breadth to the brand and recognizing the concept of groundswell, the “sudden gathering of force.” (I’m reading the book Groundswell...will post about that later.)
How does an industry that’s not recession-proof (like training) become recession-resistant? It seems, we should never stop moving and changing, we should work with things unproven, and we should recognize the groundswell among our learners.
In some ways, I feel like Chicken “the sky is falling” Little lately with all this do or die talk. But I just see it in too many industries. Same new story.
So, while the “ILT will never go away” statement is true, it doesn’t address the fact that ILT continues to be a smaller percentage of the total training pie. And it doesn’t address the fact that the high-fidelity element of ILT is not so much better than the high-fidelity element of certain online activities. And it certainly doesn’t address the concept of groundswell. The only sudden gathering of force I remember in the training room was the appearance of the donuts.
MOVE, CHANGE, WORK WITH THINGS UNPROVEN.
What other six words of advice would you give?



Bersin & Associates