4 ms·
> "Cut anything not making money" Does this mean unprofitable markets or things like janitors?
by KaoruAoiShiho 8y ago
> "Cut anything not making money"
Does this mean unprofitable markets or things like janitors?
- deleted 8y ago[deleted]
- toomuchtodo 8y agoYoga, free food, anything not required to contribute directly to the bottom line.
- perl4ever 8y agoWhere I worked, they had been shrinking through attrition, and there were no longer enough people to occupy two floors of a building. So one day they decided to consolidate on one floor. I had a thought and looked it up - yep, the bathroom was now below the statutory number of toilets per employee. Of course, that was nothing that couldn't be solved through further attrition.
- wb36 8y agoSmall child in business school here - in our vernacular, this means remove lines of business not turning a profit. Many are kept around either in hopes they'll get better or because executives think they round out a basket of offerings and maybe people are more likely to allow us to perform their cancer surgery if they know we also do neonatal surgery. So even though our neonatal unit loses money, let's keep it. The Vista camp here would say - that's a bs theory, let's focus on getting better at what we're good at rather than trying to make a business line profitable we've already spent 5 years demonstrating we don't know how to make profitable.
- sunstone 8y agoWhat about lines of business that are returning a contribution but not a profit?
- snarfy 8y agoProjects were cut. They did not touch our benefits in any meaningful way. Take the 40 or so projects that are going on, sort them by profit/cost, and chop the bottom 2/3 off. They were dumb projects anyway.