Originally Posted by
aacharya
Considering that many companies require CEO signoff for any risk/spend over $5MM, it is still a lot of money, and discretionary money to boot. Not saying it isn't something they should do. But it's still spend that is hard to quantify adding "back" to the bottom line. Personally, there is something to these little quick wins^ - it does add back to the bottom line - but not in a quantifiable manner.
Exactly! We know coffee is not a deciding factor, but it is part of an overall strategy that can begin to repair the damage the previous penny-pinching regime implemented by focusing solely on the income statement in-lieu of the big picture.
I hope (and believe) Oscar will continue these quick wins while focusing on a larger, multi-year strategy to right the ship.