Overview
This workshop will introduce finance and accounting problems that managers face at senior level, and ensure they have the tools to deal with these effectively.
Who should attend?
This training is aimed at experienced journal publishing managers, publishing editors and publishers. Financial controllers or managers from other functions supporting journals will also benefit. Ideally delegates will have had experience of some of the following: running a journals portfolio, partner acquisition, proprietary journal/ portfolio purchasing; long-term budget setting; contract negotiation and agreement; establishing joint ventures; and presenting business strategies at senior level.
What will you learn?
Participants will learn to fully appreciate the financial strategy issues that affect journals and organizations and feel at ease dealing with accounting and finance experts. Learn how to carry out a strategic review of the business environment and journals portfolio and be confident at developing a financial plan for new business including open access.
Programme
- Understand the competitive environment including Porter’s Five Forces, pricing policy, strategic issues. Making investment decisions in a strategic context
- Know how to manage risk for a journals’ portfolio, including attitude to risk, balancing society versus proprietary and new versus mature journals, new business models and financial risks associated with trading overseas
- Understand how to approach investment decisions and securing budget, including: investment appraisal, net present value, investment decisions, title and portfolio valuation
- Financial planning for new business models including accounting for open access.
By booking this event, you are agreeing to ALPSP’s [Terms & Conditions].
Please review the Terms & Conditions before completing your purchase.
Speakers
Testimonials
The tutors provided an outstanding overview of the key financial considerations for managing a portfolio of journals. The tutors were extremely knowledgeable, explaining complex financial concepts in an understandable way for those without extensive finance backgrounds. I would highly recommend it to any publishing professional looking to deepen their financial strategy skills for journals portfolios." Elena Griniari, Independent Consultant Scientific Publishing
The course gave me a solid understanding of what information first needs to be gathered to understand the financial outlook of a journal and what elements then should be considered to develop a robust financial strategy." Anna Savage, BMJ
The overview of the P&L will be especially useful for me to apply to my job in the day to day. Information provided was very helpful and will be useful to feedback to my team.” Megan Gough, De Gruyter
Ready to attend?
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