Discuss an event or process from your work experience which has contributed to your personal/professional development, under the following headings:Briefly describe the event or process.How were you involved and how did you respond?What were the outcomes?What did you learn that you could realistically apply in the future?I am currently a Research Fellow at the University of Birmingham who wishes to make a career transition. One of the most important events in my personal and professional development comes from my experience in the publishing industry.As a Journal Development Specialist at Open-Access scientific publisher Frontiers, it occurred to me that whilst the company was interested in publishing scholarly content also in the humanities and social sciences, the company’s business model would be unsustainable in such fields. I flagged my concerns to the upper management and I independently offered to carry out research on new journal possibilities in the humanities and social sciences. Eventually, I pitched my business report to the CEO and other key stakeholders.The two main conclusions of my report were that i) the market would not be able to absorb high article processing charges and ii) the high presence of illegal journal article copies retrievable from academic social networks or pirate sites would make the company’s business model less likely to succeed, as scholarly content is typically already available open access. Importantly, both aspects had been mostly overlooked or underestimated.The report and its unexpected conclusions were enthusiastically received and led to several noteworthy outcomes. The company eventually decided to limit the number of journals to launch in the humanities and social sciences, to reduce the article processing charges for such fields, and to grant a higher number of fee waivers than originally planned.Moreover, from a personal perspective, this moment was of particular relevance, as it clearly showed to me how I could successfully utilize my outstanding research skills and exercise superior critical reasoning tools to make a real-world impact. This was a key lesson, and one that also led to my decision to consider an MBA to improve my chances of landing a prestigious managerial role in the Publishing Industry or a consultancy job in Intellectual Property and Science.What are your aims for your future career development?How will the Strathclyde MBA assist you in achieving your aims?In the short term, I plan to land a managerial role in the Publishing Industry or a consultancy job in Intellectual Property and Science. Yet I also have longer-term goals, and I aim to launch my own publishing company within the next five years.Pursuing an MBA at Strathclyde would improve my chances of fulfilling my professional goals and ambitions in a number of ways. Besides that obvious fact that the MBA’s triple accreditation and high position in widely renowned rankings would have a direct and positive impact on my profile’s employability and marketability, there are other key considerations in support of my application. For instance, in light of my interest in landing a consultancy job, I greatly value that you are typically able to offer consultancy opportunities for MBA participants as part of their MBA final project.But pursuing this MBA would help me accomplish also my longer-term goals. In particular, an MBA would allow me to learn not only from its excellent staff, modules and invited speakers, but also from its terrific cohort of participants. At Strathclyde, MBA participants are carefully selected leaders who bring different perspectives and come from different positions and backgrounds. This matters a lot to me. Over the past years, I have learnt how important it is to gain knowledge and skills not only during formal training, but also from more informal interactions with bright and competent peers. For instance, some colleagues of mine have already launched their startups, in some cases joining business incubators such as the Alchemist Accelerator, and they have provided me with helpful insight into various aspects of business development. During daily interactions with other MBA participants, I plan to gather knowledge, contacts and information that will prove useful in developing my own company over the next few years.Describe how your work experience could be used as a source of information for your learning and for contribution to group discussions.My experience in academia and in the scientific publishing industry will be particularly useful during group discussions. As it turns out, the scientific publishing industry is peculiar in many ways. Whilst a traditional publisher needs to pay writers for their articles and to employ editors to commission and assess such articles, scientific publishers can avoid such costs. This is because researchers write their articles and give them to publishers for free, and researchers who work on a volunteer basis do most of the editorial work. Hence, profit margins are extremely high in this industry.This situation is typically mocked outside academia. To be fair, academics typically complain about the proliferation of unsustainable or exploitative business models in the context of scholarly publishing, but they have so far struggled to find effective solutions to the problems they envisage.Recently, some attempts have been made to propose new business models in the industry. In the case of magazines and non-scholarly publishers, it is typically the reader who pays to access information and content, and this publishing model has also been popular in scholarly publishing. The recent so-called open access revolution encourages a shift, however, from a “reader-pays” to an “author-pays” model.I worked as Journal Development Specialist at Frontiers, an open access publisher based in Switzerland and with the mission to revolutionize scientific communication. As most open access publishers, Frontiers would also levy a charge at the front end of the publishing process that has to be paid by authors, their institutions or research funders. It is controversial, however, the extent to which these recently suggested business models could actually be sustainable and convincing in the long run. For instance, “author-pays” open access can collapse into predatory “pay to publish” publishing, where quality control is no longer incentivized.Moreover, several relevant questions have not as yet been properly addressed. For instance, should academic and scholarly publishers pay research authors and referees for their work? During this MBA I wish to acquire skills, tools and knowledge to successfully address these and other key questions and challenges in the publishing industry. My goal is to land a managerial role in the Publishing Industry or a consultancy job in Intellectual Property and Science after my MBA, and to launch my own publishing company within the next five years. I feel that I would be able to benefit from the insights of the MBA staff and other participants, while at the same time offering interesting and challenging case studies and proposals during group discussions.