He's had three strikes. Surely Pearson's chief executive is out?

Two mistakes from the US educational publisher would be understandable. Their confidence three months ago? Less soForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were understandable, or at least not unique. Most big US educational publishers were too optimistic about the numbers of students enrolling in US colleges and the number of students who would opt to rent, rather than buy, their textbooks. Related: Pearson profit warnings wipe almost £2bn off its value Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-01-19 00:00:00 UTC ]

Other news stories related to: "He's had three strikes. Surely Pearson's chief executive is out?"


Reopening your bookshop? You need OODA

Bookshops are currently overwhelmed with advice, support and well-meaning individuals offering ideas and 'tips' on what to do. A few months ago, booksellers might have been considering author events, boosting literacy and how to be greener. Now, the 'strategic space' within which their... Continue reading at The Bookseller

[ The Bookseller | 2020-06-21 18:52:53 UTC ]
More news stories like this


Marketing to kids in difficult times

Many months ago, when we all sat in our meeting rooms, sipping coffee and bouncing campaign ideas around, I don’t think any one of us marketing folk could have predicted just how much our plans would be forced to change. The effects of the national lockdown on marketing campaigns and the... Continue reading at The Bookseller

[ The Bookseller | 2020-05-20 21:41:29 UTC ]
More news stories like this


Books from Scotland: the big picture

It feels slightly strange to be writing this introduction to the Books from Scotland special as the world, and the world of Scottish books, has changed greatly, perhaps even irrevocably, since we started planning these features some months ago. The impact the coronavirus will have on Scottish... Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 21:22:05 UTC ]
More news stories like this


Bookselling at the End of the World

On the afternoon of Wednesday, March 18, 2020 I stood in an empty bookstore and cried. A friend had just sent a congratulatory text with a picture from the April issue of Alta Magazine. My wife and I were interviewed a few months ago for a profile of Point Reyes Books, the bookstore we’ve owned […] Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-20 08:49:38 UTC ]
More news stories like this


AWP Fires Executive Director, Who Alleges Discrimination

Chloe Schwenke, who served for one year as interim executive director of the Association of Writers and Writing Programs before being officially named executive director about six months ago, has been let go. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-13 04:00:00 UTC ]
More news stories like this


Pearson pays tribute to employee killed in Sri Lanka bombings

Pearson c.e.o. John Fallon has paid tribute to employee Dieter Kowalski, who was killed in the Sri Lanka bombings on Easter Sunday.  Continue reading at The Bookseller

[ The Bookseller | 2019-04-25 00:00:00 UTC ]
More news stories like this


De Blasio: Bloomberg had 'no chance' in 2020

Just a few months ago, Vice News published a story with a provocative headline: The Coolest Place to Get a Drink in Midtown Manhattan Is the New Taco Bell. The title was tongue-in-cheek, but it... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-03-11 00:00:00 UTC ]
More news stories like this


AWP Leaders, Former Conference Director Exchange Public Barbs

After former AWP conference director Christian Teresi wrote an essay that leveled a host of charges against the organization, the AWP board fired back, claiming the organization is in much better shape than it was six months ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-16 00:00:00 UTC ]
More news stories like this


Cengage Reaches Deal in Suit Over Subscription Service

The company has reached an agreement with two of its authors who had filed a suit alleging that the educational publisher's Cengage Unlimited subscription service will improperly cost them sales and royalty payments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-05 00:00:00 UTC ]
More news stories like this


Obituary: Liz Hohenadel, 34

Liz Hohenadel, senior publicity manager at Riverhead, died September 24 as a result of a medical condition that arose suddenly a few months ago. She was 34. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-26 00:00:00 UTC ]
More news stories like this


Going Beyond Protecting the Print Book

The counterfeiting of textbooks has been the bane of many educational publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
More news stories like this


Facebook suddenly cares about news again

Facebook’s ever-changing opinion on which content it will boost in its News Feed is, well, changing yet again. After the company announced only a few months ago that it would de-emphasize content from publishers and brands, meaning news organizations would likely see their Facebook traffic... Continue reading at Fast Company

[ Fast Company | 2018-03-05 00:00:00 UTC ]
More news stories like this


Digiday Research: European publishers’ GDPR fears recede

Digiday found that publishers were more likely to be unconcerned by the GDPR and the ePrivacy Regulation than they were five months ago. The post Digiday Research: European publishers’ GDPR fears recede appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-03-03 00:00:00 UTC ]
More news stories like this


Be wary of 'sexy' tech such as AI and VR, says Tribe

Educational publishers should be focusing on technology that can actively help improve teaching and learning, Hodder Education m.d Liz Tribe has told The Bookseller's FutureBook conference. Continue reading at The Bookseller

[ The Bookseller | 2017-12-02 00:00:00 UTC ]
More news stories like this


Pearson shareholders reject chief executive's £1.5m pay package

Investors’ revolt against deal for John Fallon comes after educational publisher reports largest annual loss in its historyMore than six out of 10 Pearson shareholders have voted against the £1.5m pay package awarded to the embattled chief executive, John Fallon, after the educational publisher... Continue reading at The Guardian

[ The Guardian | 2017-05-05 00:00:00 UTC ]
More news stories like this


Pearson: two-thirds of shareholders reject pay package

Two-thirds of investors in the loss-making education publisher vote against John Fallon's pay rise. Continue reading at BBC News

[ BBC News | 2017-05-05 00:00:00 UTC ]
More news stories like this


Pearson chief Fallon awarded 20% pay rise depsite losses

Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016.  Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
More news stories like this


He's had three strikes. Surely Pearson's chief executive is out?

Two mistakes from the US educational publisher would be understandable. Their confidence three months ago? Less soForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016... Continue reading at The Guardian

[ The Guardian | 2017-01-19 00:00:00 UTC ]
More news stories like this


Fallon admits 'we got it wrong' as Pearson shares plunge

Pearson's c.e.o. John Fallon has been forced to defend his position after admitting the company "got it wrong" last year, resulting in revisions to its 2017 forecast and dividend, and the withdrawal of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-01-19 00:00:00 UTC ]
More news stories like this