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by wb36
2899 days ago
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Small 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. |
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