Quote:
Originally Posted by jhowell
Using Google Translate set from Management Doubletalk to English yields:
1) strengthening the core business by enhancing the customer value proposition;
Sell cheap crappy products
2) improving profitability through an aggressive expense management program, which will be used to fund growth initiatives;
Cut staff to the bone
3) accelerating execution through simplification; and
Reduce the product selection
4) innovating for the future, which will position the company for long-term growth."
I plan to be out of here before the **** hits the fan
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In an idealized world (I know this isn't true):
1) strengthening the core business by enhancing the customer value proposition;
Offering a free customer loyalty program, or discounting all books the way Crown Books used to
2) improving profitability through an aggressive expense management program, which will be used to fund growth initiatives;
Cut staff to the bone (<--Yeah, I agree with you there) Maybe move back to smaller stores
3) accelerating execution through simplification; and
Focus on books and reduce/remove the rest (music, movies, toys)
4) innovating for the future, which will position the company for long-term growth.
Make Nook good again. Remember when it was seen as a worthy competitor to Kindle?