Joel Lesser
Laura Beverly, the CFO for Half Price Books, is reluctant to raise prices given the weak economy. Further, 54% of CFO's stated their firms absorbed the increased expenses because they feared their customers would simply reject the price hikes. However, small increases to the customer, will make a significant difference to the bottom line. Many companies have negotiated with suppliers, added surcharges, or found efficiencies in their organization to offset the effects of inflation. It boils down to the age old dilemma of managing profits and keeping the customer happy...however these days...it boils down to keeping the customer.
Joel Lesser is a CFO who makes decisions - with his own brand of diligence, integrity and thoughtfulness - that ensure reliable foundations on which businesses and talent may grow.
Acutely aware of the domino effect of change, he constantly asks himself, “Are we not only doing it right, but also are we doing the right thing?”
www.joellesser.com/blog_index.html
Joel Lesser is a CFO who makes decisions - with his own brand of diligence, integrity and thoughtfulness - that ensure reliable foundations on which businesses and talent may grow.
Acutely aware of the domino effect of change, he constantly asks himself, “Are we not only doing it right, but also are we doing the right thing?”
www.joellesser.com/blog_index.html