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John Cox & Nawin Gupta launch the "Company Health Check"
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- Subject: John Cox & Nawin Gupta launch the "Company Health Check"
- From: "John Cox" <John.E.Cox@btinternet.com>
- Date: Wed, 16 Sep 2009 18:37:30 EDT
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Experienced publishing professionals John Cox and Nawin Gupta have joined forces to offer scholarly and academic publishers a "health check" to ensure that their publishing business can cope with the recession. The problem with recession is that there is always a time lag before its impact on public spending is felt. It will take ten years or more to bring the budget deficit back to normal, so the pressure on the public sector generally, and library budgets in particular, is likely to persist for some years. Libraries are already cutting back; book buying is being cut, and journals are being scrutinized for cancellation in 2010. Nobody expects library budgets to return to normal in the next three years. At times like these, it is vital that the organization is fully and sustainably equipped to weather the economic crisis affecting the publishing business. John Cox, Managing Director of John Cox Associates, and Nawin Gupta of Informed Publishing Solutions Inc, the Chicago-based consultancy, are offering a "health check" to focus on the preparedness of the business to grow through these challenging times by concentrating on: *A realistic assessment of sales and cash flow forecasts *The scope for reducing the cost base of publishing through concentrating expenditure on activities that are critical to the publishing mission and business. *Practicable operational efficiencies, including efficient and effective use of marketing, purchasing of manufacturing and services, outsourcing, and the organization of the publishing business. Both consultants have decades of experience in academic and scholarly publishing - including the recessions of 1973-74 and the early 1990s and know how to manage publishing operations through challenging times. The standardized review is available for a package price, concentrating on sales and cash flow forecasts, the scope for reducing the costs of publishing by concentrating expenditure on mission-critical activities, and practical operational efficiencies, including outsourcing if it is appropriate. The extent of the health check is dependent on the type of publishing involved - books, journals or both - and can be tailored to the publisher's requirements. The standard review can cost as little as US$5,000, or GBP 33,250. It will be undertaken by John Cox in Europe, and by Nawin Gupta in North America. They are confident that they can add value and recommend savings worth more than the cost of the review. If a publisher implements their recommendations and can demonstrate that the savings yield less than the cost of the review, they will refund the difference. Further information: John Cox John Cox Associates Ltd Rookwood, Bradden Towcester NN12 8ED United Kingdom Tel: +44 (0) 1327 861184 E-mail: John.E.Cox@btinternet.com Web: www.johncoxassociates.co.uk Nawin Gupta Informed Publishing Solutions Inc 6285 North Kolmar Avenue Chicago IL 60646 U S A Tel: +1 773 623 9199 E-mail: Nawin@nawingupta.com Web: www.nawingupta.com
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