Week4 – Business Foundations

 
 Business, Project Plans and Communication – Client Relationships, Insight, Content, Structure. 

Podcast


 Emma Harverson is an editor at White Lion Publishing.
 White Lion is a trade, illustrated, non-fiction publisher.  The do variety of topics from smart thinking, food and drink, sport, wellness, gardening, popular science, heritage, arts… 

Stuart Tolley  is a creative director and founder of a graphic design studio called Transmission, based in Brighton. 

 Lucy Warburton  is a commissioning editor.

The three of them have worked together over the last couple of years on the Build+Become book series.

Lucy felt that the changing nature of the world outside meant that people were more and more looking for books that are personal development focused, or answering questions about the hot topics of today. 

Stuart said that It’s a process of identifying the area of the market you want to be in then approaching people that are in the heart of that and have a profile within it, a following within it, that you can see how they would not only write a good book or come to it with really good ideas, but also be able to talk to people that want that book in the end. That is a huge part of commissioning. Knowing that the person there is going to help you market that book. It definitely is both that they need to understand the idea, or they will come with their idea, and know how to get a message out there. 

2. Build+Become Series Concept and Development

  • The Build+Become series was designed to address modern topics through 20 bite-sized lessons, making complex subjects accessible and applicable to daily life.
  • Lucy explained the initial pitch process, where she identified smart thinking as a growth area in publishing and proposed a series with longevity and global appeal.
  • The series aims to create a distinct brand identity, with consistent design and content that resonates across multiple markets and languages.

3. Strategic Planning and Business Model

  • Lucy outlined the rigorous planning process for the series, including a three-to-five-year business plan to ensure financial stability and long-term success.
  • The series required higher initial investment compared to individual books, with a focus on creating a resilient model adaptable to changing markets.
  • Globalization was a key strategic element, with foreign language editions and co-editions being integral to the series’ success.

4. Design Direction and Branding

  • Design played a crucial role in establishing the Build+Become series as a recognizable brand, with Stuart Tolley’s Transmission studio creating a distinct visual identity.
  • Lucy organized focus groups and conducted tests to refine the design, ensuring it aligned with market expectations and stood out on shelves.
  • The design evolved from hardback to paperback formats based on sales data and consumer behavior, particularly in travel stores.

5. Author Commissioning and Content Development

  • Lucy described the process of identifying and commissioning authors, focusing on fresh voices and expertise in relevant subject areas like philosophy and personal development.
  • Recommendations, university talks, TED events, and market research were key methods for finding suitable authors who could contribute to the series’ vision.
  • Emma highlighted the importance of considering authors’ perspectives, especially first-time authors, and ensuring their involvement in the process.

6. Publishing Process and Team Roles

  • Emma detailed the publishing process, including manuscript development, design phases, copy editing, proofreading, and indexing, with input from in-house and freelance teams.
  • Communication and flexibility were emphasized as critical to managing schedules and addressing delays, ensuring all stakeholders are kept informed.
  • The series benefits from having a consistent team, including a dedicated copy editor familiar with its structure and style.

7. Feedback and Adaptation

  • Feedback structures evolved as the series developed, with consolidated comments from multiple stakeholders being shared with Stuart to streamline the design process.
  • Lucy and Emma discussed the importance of responding to market data, such as sales trends and retail behavior, to adapt formats and titles for better placement and sales.
  • The series has grown in recognition, with foreign publishers adopting its design and authors expressing interest in contributing to future books.

8. Metrics for Success

  • Success for the Build+Become series is measured not only by sales but also by its longevity, brand recognition, and global reach, with editions in nine languages.
  • Emma and Lucy emphasized the importance of backlist sales and consistent presence in stores, aiming for widespread recognition similar to established brands like “Dummies.”
  • The series has shown promising growth, with foreign publishers continuing to invest in additional titles and maintaining the original design across markets.”

It is amazing to see how many rejections this design got before the final one!




Business strategy: a guide to effective decision-making

Most of the things that Chris talk about customers relationships, I see it here in Jeremy’s book:

“To make sure decisions benefit customers and improve long-term sales and profits:

  • be competitive;
  • deliver a consistent (ideally branded) experience each time a customer deals with your business;
  • make a customer’s experience as simple and enjoyable as possible;
  • be clear about the value proposition – what you are offering customers;
  • provide incentives for new customers to return and reorder;
  • reward loyalty from established customers;
  • reassure customers with a reliable service and product offer;
  • continuously improve the process, based on customer feedback;
  • deliver reliability by working with partners and investing in resources.”

New ideas are essential to improving an organization. They may come from flashes of creative brilliance, from other industries or from analysis of new information. Ideas are central to making the right decisions, solving problems and adding value for customers. This can be achieved by efficiently applying knowledge and information.

Organizational learning is a powerful technique for improving performance, especially in turbulent times.

It begins with observing what has occurred, reflecting on what has been observed and assessing the underlying structures that drive the behavior observed…

Stimulate the exchange of ideas by reducing bureaucracy and boundaries. In most organizations, structures, hierarchies and boundaries inhibit the flow of information, keeping individuals and groups isolated and reinforcing preconceptions. Emphasizing communication and opening up the organization lead to fresh flows of ideas, competing perspectives and insights. Jack Welch, former CEO of General Electric, says “boundarylessness” is one of the most potent forces for change…

Develop a positive attitude to budgeting. People need to understand, accept and use the budget, feeling a sense of ownership and responsibility for developing, monitoring and controlling it.”

Jeremy Kourdi said also that “as a result of the employee- customer – profit chain, managers at Sears are recruited, promoted and appraised on 12 criteria: customer service orientation; initiative and sense of urgency; business knowledge and literacy; problem solving; developing associates and valuing their ideas; teamworking skills; two-way communications skills; valuing diversity; empowerment skills; interpersonal skills; change leadership; and integrity.”




Here my Project 1 (is still work on progress)