From WeldenOwen where the author introduces this infographic as a “roughly 74 percent accurate story of how an idea churns through the publishing process just like—as a publisher we once knew put it—a rat travels through an anaconda.”
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Beyond Survival in a School Library · With a little help from my friends
Beyond Survival in a School Library 
There is a new alternative to this mess. Unbound–where potential readers vote for books pitched by authors online.
Very interesting concept: “Unbound puts the power of publishing in the hands of authors and readers. Authors pitch their book ideas directly to you. If you back a project before it reaches its funding target, you get your name printed in the back of every copy and immediate behind-the-scenes access to the author’s shed. If any project fails to hit its funding target, you get refunded in full.”
I’m kind of wondering what I might find behind an author’s shed, but nonetheless it sounds like a neat idea.