My father used to tell the story of an elderly couple living in a small New England town. The husband had worked his entire career polishing the cannon on the town green every day. One day, as he neared retirement, … read on
Nearly 40 percent of every company is unprofitable… by any measure.
20 to 30 percent of every company is so profitable that it provides all the reported earnings — and subsidizes the losses — of the entire business.
Top companies around the world turn to MIT’s Jonathan Byrnes to figure out where the profit is — and where it isn’t.
Using his systematic, field-tested approach to analyzing profitability, Dr. Byrnes helps companies quickly determine which parts of the business are worth expanding and which parts drain resources. Then, using his breakthrough concept of “profit levers,” he shows them how to implement effective and sustainable change to improve the bottom line.
Listen to Jonathan’s 14-minute “First Steps to Profitability Turnarounds”.
Dear Friends and Colleagues, I am very pleased to let you know that John Wass has joined Profit Isle as CEO and Partner. John is former Senior Vice President of Staples, and was a key senior executive during Staples’ growth … read on
Recently a friend, who is editor of a leading business publication, sent me this note: Another question for you. How valuable do you think segmentation is for omnichannel retailers? Should every retailer do this type of analysis before deciding whether … read on