Pearson CEO: We're Modernizing, Simplifying the Company

The video discusses significant portfolio changes over the past 20 years, focusing on modernization and simplification to enhance global product scaling. It highlights the education sector's long-term potential despite recent challenges, with a growth plan aiming for substantial profits by 2018. The strategy for Penguin Random House is outlined, including integration and potential asset disposal. The potential impact of Brexit on business is considered, with a preference for the UK remaining in the EU. Finally, international growth opportunities, particularly in China, are explored, emphasizing the demand for English learning.

What has been a major focus for the company over the last 20 years?

• Increasing local operations

• Expanding into new industries

• Selling and acquiring businesses

• Reducing the workforce

What is the company's target profit by 2018?

• £1.5 billion

• £800 million

• £1 billion

• £500 million

What percentage of Penguin Random House does the company own?

• 47%

• 25%

• 75%

• 60%

How might Britain's exit from the EU affect the company?

• It would significantly impact global operations

• It would have little effect on the business

• It would lead to a major restructuring

• It would increase profits

Which country is highlighted as having exciting growth opportunities?

• Brazil

• India

• Germany

• China