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Here is a brief section of an interview by AnnArbor.com with Borders CEO Mike Edwards about the ongoing bankruptcy, and his surprised reaction to how fast e-books and tablets have impacted the publishing industry.

AnnArbor.com: With e-books, how fast do you see the transition occurring? Are you surprised by how fast it’s occurring already?

Edwards:

Yes. I joined the company just a little over a year and a half ago. When I joined, e-books were less than 1 percent of the market. The Kindle was out but it didn’t have the traction. The Nook had just been released. The Apple product wasn’t even on the market.

Within a year it went from 1 percent to almost 10 to 11 percent of the total publishing sales. That is a radical transformation. And that comes at the expense of physical books.

That profound impact on the retail traffic puts a lot of pressure on not just our bookstore, but all bookstores. So I was surprised to see it move that fast. I don’t anticipate it slowing down any time soon.

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Please note: This app was replaced in early 2018

This app had a great 6-year run since it’s launch in 2012. Nonetheless, we’ve been focused on creating great universal web experiences and have launched other resources to take the app’s place.

We’ve recently launched a brand new site with both free and paid in-depth training courses on creating positive change, at home, at work, and in your communities. So please visit our new site at positivechange.training:

 

We are extremely pleased to share that “Embracing Change”, our most recent app, is now available in the iTunes app store.

Deal with Disruptive Change *** Discover your Strengths *** Dream & Design your Best Future

This app supports you in embracing change – personally and professionally – in your relationships at home and at work. Just about every change has high points and low points. This app helps you deal with change and disruptive forces, whether you chose them or not.

You follow a world-acclaimed method and practice, (Appreciative Inquiry and the 4-D cycle: Discover, Dream, Design, Destiny), that allows you to discover your own strengths in dealing with change; you go on to envision how to apply your strengths, organize yourself and identify resources to embrace future changes. This app works for individuals and teams. The approach taps into your imagination and is sustainable.

To find out more visit iTunes or the app’s page.

Embracing Change - The App