Wednesday, July 12, 2006
Pearson's Financial Difficulties
Barely one week after I predicted that Pearson would restructure their business, rumors of restructuring hit the press. In truth, I'm not that prescient--the rumors are that they will sell their financial publications to concentrate on their education business, which is the opposite of what I predicted. I'll therefore weigh in with another prediction: selling FT buys the education business time, but if they don't hire some technology management expertise, look for Pearson education to find itself in serious trouble a year from now.
Barely one week after I predicted that Pearson would restructure their business, rumors of restructuring hit the press. In truth, I'm not that prescient--the rumors are that they will sell their financial publications to concentrate on their education business, which is the opposite of what I predicted. I'll therefore weigh in with another prediction: selling FT buys the education business time, but if they don't hire some technology management expertise, look for Pearson education to find itself in serious trouble a year from now.
# posted by vicbastard @ 6:44 AM 
