Tutors:
Martin Delahunty, Nature Publishing Group
Oliver Callaghan, IOP Publishing
Overview:
Strategic Journals Finance will be of importance to middle and senior publishing managers, who meet a multiplicity of financial problems in managing a journals portfolio. The aim of the course is to introduce finance and accounting problems that managers face at senior level, and to enable them to feel at ease working with finance and accounting experts.
Programme:
- Portfolio risk management: including attitude to risk, balancing society versus proprietary and new versus mature journals, currency exposure
- Decision making: including project appraisal, net present value, investment decisions, product & company valuation
- Understanding the competitive environment: including Porter's Five Forces, pricing policy, strategic issues
- Electronic business models: including print versus electronic, e-only, pay-per-view, licensing
Learning objectives - by the end of the course delegates will be able to:
Appreciate the financial strategy issues that affect journals and organizations; understand the relevance of finance and accounting both within the organization and to stakeholders; undertake a financial analysis of a journal or portfolio and interpret the results in the context of strategic and investment decisions; make investment and financing decisions; be aware of the financial choices available to organizations; assess the financial risks that journals face; and understand how organizations measure financial performance internally and how their financial performance is assessed by stakeholders.
Who should attend:
This level 2 course is aimed at experienced journal publishing managers, publishing editors and publishers responsible for the financial growth strategy of their portfolio. Also financial controllers supporting journals will benefit. Ideally delegates will have had direct experience of some or all of the following: journal acquisition, proprietary journal/portfolio purchasing. Journal/portfolio sale, long-term budget setting; contract negotiation & agreement; establishing joint ventures; presenting business strategies at senior level.
Delegate comments:
'Good opportunity to consider overview of financial questions away from day to day tasks.'
Guy Edwards, Palgrave MacMillan
'Best external training course I have done. Extremely well pitched for managers of journal portfolios with no formal economics/accountancy training.' Richard Hughes, Informa Healthcare
'Excellent content that really fits my needs.' P Hoffman, Wiley-Blackwell
'Right mix of new information and reapplication of existing knowledge.' Andy Flower, Cambridge University Press
'Small group (7) was great for discussion and exercises also we all had varied backgrounds.' Claire Bedrock, IOP Publishing
'Excellent content that really fit my needs....Very helpful and useful. Martin was an excellent teacher and worked effectively with the course material.' Paul Hoffman, Wiley-Blackwell
Further Information:
Barbara Holmes telephone +44 (0)1993 772 727 (email)
Amanda Whiting telephone +44 (0)1865 247776 (email) |
