Quote:
Originally Posted by iamwhatiseem
I do the same, every month I release both revenue and margin numbers.
I think it is unfortunate that all companies do not do so.
However what you may not be seeing is how your line performs across the whole...meaning your particular area may be doing fine...but as a market, is it in decline - this is how some people are blind-sided - they see that their area is making good money, but do not know that the product as a whole is suffering - and they get a rude awakening when the company shifts priorities. (not saying of course yours in particular)
I tell people to look out for any of the below that are beside obvious signs.....
1) Capital spending is down
2) Much needed equipment is not being replaced
3) Changes are occurring that seem to defy logic (what you don't know can always hurt you)
4) Outside consultants appear
5) A Senior management member suddenly "retires"
6) Inventory is down, and their seems to be no urgent action to replace it.
7) You are being told "there are no planned layoffs right now" when there seems like there should be.
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After 9/11, we expected that spending would slow down.
As it turned out, though, people actually spent more on our products, and products like ours made by other companies. We produce what would be considered a luxury item; people don't need it to live. From what we could tell, while many industries suffered in the wake of 9/11, people weren't afraid to buy products like ours, with money they may have spent on airfares and vacations, and stay closer to home...