• Business
  • Published 2015

Tying Profit to Performance: A Valuable Tool, But Use With Good Judgment

@inproceedings{Kendall2015TyingPT,
  title={Tying Profit to Performance: A Valuable Tool, But Use With Good Judgment},
  author={Frank Kendall},
  year={2015}
}
Abstract : One thing I enjoyed about working in industry was that everyone in the private sector understood the definition of success: It was profit. If something did not make a profit for a business, then it was not good. Profit is the fundamental reason that businesses exist: to make money for their owners shareholders. Without profit, businesses die. From industrys point of view, more profit is always better. Not being profitable makes a company unsustainable and will lead to bankruptcy… CONTINUE READING

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