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Title: Islands of Profit in a Sea of Red Ink: Why 40% of
Your Business is Unprofitable and How to Fix It
Author: Jonathan L.S. Byrnes
Stars: *****
Author Jonathan Byrnes makes the case that significant portions of most
businesses are unprofitable, which too often goes unnoticed by
management. Byrnes provides a systematic method to first identify the
unprofitable products/service within a company, and then describes how to fix
the undesirable situation.
Byrnes follows his own teaching advice by first identifying the main underlying
concepts and then using the course materials - the examples and chapter
summaries - to amplify and illustrate the concepts. It contains very
comprehensive, practical instruction for how to improve your business.
Although most examples favor manufacturing businesses, the instructions
translate to service-based businesses as well.
This is important stuff. There is tremendous opportunity for companies to
improve without the need to embark on a multi-year, costly initiative. Byrnes
offers up a darn good recipe.
Not many titles achieve a 5 star rating on this site which speaks to the value of
this book. Once you read it, you’ll want to share it with others. Hopefully you
will also get busy following the advice.
Your Business is Unprofitable and How to Fix It
Author: Jonathan L.S. Byrnes
Stars: *****
Author Jonathan Byrnes makes the case that significant portions of most
businesses are unprofitable, which too often goes unnoticed by
management. Byrnes provides a systematic method to first identify the
unprofitable products/service within a company, and then describes how to fix
the undesirable situation.
Byrnes follows his own teaching advice by first identifying the main underlying
concepts and then using the course materials - the examples and chapter
summaries - to amplify and illustrate the concepts. It contains very
comprehensive, practical instruction for how to improve your business.
Although most examples favor manufacturing businesses, the instructions
translate to service-based businesses as well.
This is important stuff. There is tremendous opportunity for companies to
improve without the need to embark on a multi-year, costly initiative. Byrnes
offers up a darn good recipe.
Not many titles achieve a 5 star rating on this site which speaks to the value of
this book. Once you read it, you’ll want to share it with others. Hopefully you
will also get busy following the advice.
V E N T U R E S , L L C