A Balanced Approach

摘要

It's a fact: For a business to be successful, income must be greater than expenses. The company must find the optimum size with respect to its market and prevailing economic conditions to efficiently service its customers. For most distributors, this has meant layoffs during the economic downturn. "Rightsizing is not downsizing," cautions Steve Thompson of Texas A&M University. "Be careful about that distinction, it's essential to success in the long haul." Thompson is an associate professor at Texas A&M's Thomas and Joan Read Center for Distribution Research and Education in College Station, Texas. He says it's critical to understand the true performance drivers of an organization.