Shining Light Spotlight – Wiley & Sons

ABOUT JOHN WILEY & SONS

John Wiley & Sons, or more recently referred to as Wiley, is a global publishing company with more than 5,000 employees whose focus is academic publishing. On the New York Stock Exchange since 1995, the company trades under the symbols JW.A. Established in Manhattan in 1807 by Charles Wiley, the company has published for renowned writers such as Washington Irving, Herman Melville and Edgar Allan Poe. The focus of the company began changing in 1865 as it moved away from literary concentrations. Wiley’s primary emphasis was publishing scholarly information geared toward scientific, technical and engineering material. In 1867, the company changed its name to Wiley and Sons. Publicly owned since 1962, Wiley is one of the world’s oldest independent publishing companiesmanufacturing various books, journals and encyclopedias. Though most of their products are offered in print and electronically, they also offer online training and online educational materials. These materials are geared towards undergraduates, graduates, and those continuing their higher education.

MISSION AND ADVANCEMENT

Wiley and Son’s mission statement is “always being focused on helping our customers succeed, wherever they are in their education and professional careers”.To make certain their mission statement is fulfilled, Wiley continuously ensures their content is delivered in “new and innovative ways to enrich the learning experience”. In pursuit of helping others achieve success, Wiley collaborates with both educators and organizations worldwide.The company advanced their publishing accessibility to China in 2001.  Since then, China has become the 6thlargest market for STEM (Science, Technology, Engineering & Mathematics) material.  Continuing their growth, Wiley and Sons extended publishing operations to India in 2006 followed by the opening of an office in Dubai in the latter part of 2010. The company also holds sales agreements with academic organizations in Tunisia, Libya, and Egypt. In 2012,  they instituted Wiley Brasil Editora LTDA located in São PauloBrazil. As of 2018, the company has over 15 offices worldwide.

STAR-STUDDED ACCOMPLISHMENTS

Since the inauguration of the Nobel Prize in 1901, Wiley has published compositions of more than 450 Nobel Laureates, in every category in which the prize is awarded.  2007 marked Wiley’s bicentennial for which they facilitated a year-long celebration that included festivities on four continents in ten countries.  As part of their celebration, Wiley and Sons were privileged to ring the closing bell at the NYSE on May 1st.  That same year the company publishedKnowledge for Generations: Wiley and the Global Publishing Industry, 1807-2007, which represented the company’s fundamental role in “publishing against a social, cultural, and economic backdrop”.

 A FLOURISHING COMMUNITY

The importance of learning is crucial to Wiley as they believe it should be “a continuous, lifelong experience – an integral, essential part of every stage of building a career.” Wiley understands continued determination combined with hard work and loyalty ensures sustained trust and reliability between Wiley and those who do business with them. Wiley gains it’s strength from the efforts and accomplishments of people who are distinguished by their integrity, creativity, talent, initiative, and dedication.  To offer their customers superlative service, Wiley takes great strides in getting to know their customer by interacting with them to find out what forms of communication would best suit them with regards to delivery of their products. To that end, Wiley has leveraged social media to build vibrant communities for collaboration and innovation among and with their various constituents. Through this continuous communication platform, Wiley has learned that offering top-notch learning and teaching materials helps support employers by enabling them to locate the most talented candidates when it comes to filling positions. Wiley stresses that it’s not only about learning but also empowering people to go above and beyond their current skill sets. It’s about a transformation. “For decades we’ve helped people learn; today we’re showing them new ways to achieve, get certified and advance their careers.” Wiley connects with authors, societies, libraries, and other members of the research community to generate, communicate, and enable access to the scientific and scholarly insights that are helping to solve some of the world’s biggest challenges.

WILEY, A SHINING LIGHT

From their humble beginnings, John Wiley & Sons has put the needs of their customers first.  Their focus remains on how they can better serve those within educational and research communities by providing exceptional materials and making certain that information is delivered in the most convenient medium possible.  Their noble purpose of promoting lifelong learning and empowerment through the production and delivery of these resources and their many acts of selflessness have enabled Wiley to become a burgeoning enterprise. For this we are proud to call Wiley & Sons a Shining Light Company embodying Psalms 119:36 Incline my heart to your testimonies, and not to selfish gain!

DISCLOSURE: Shining Light Companies are exemplary companies who live out the Golden Rule in their business practices, demonstrate strong servant leadership and create compelling value through the products and services they offer. This is intended for general information purposes concerning only the values, corporate culture and business practices of the companies being spotlighted. It DOES NOT incorporate any analysis of the companies’ investment merit based on intrinsic value, fundamental analysis, etc. This must not be construed as investment advice or a buy/sell recommendation. These companies may or may not be included in our LightPoint Portfolios at any given time.