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Our gross revenues for 2004 were a record $127.4 billion. After tax rebates, currency conversions, carry forward deductions from operational streamlining in Portugal, declaring disk space as real estate, reincorporating in the Cayman Islands, subtracting out inventory losses and depreciating dry ink, our net profit for the year was $32.15. Of great concern to me is that 99% of our profit margin came from the sale of mousepads. What does this mean? Well, for one thing, it means we need to put a LOT more thought into improving the manufacturing efficiency of our mousepad division. Clearly we cannot rest on our laurels. For one thing, the Krell Computer Company has announced it's intention to offer its own line of mousepads. Diversification is the key and in a brain storming session with senior leadership we have considered really new ideas such as cute little covers to put over your mouse as well as a line of chocolate coated kumquat candies. There's even the radical thought of putting more focus into the computers themselves and less into the mousepads and accessories. I need to give that one more thought. It would be very easy for me to simply lay the blame for this performance on the previous CEO. So that is exactly what I will do, and I encourage you to do it too. There is nothing so helpful as having someone to blame for your problems. Eventually, though we will need to find someone else to
blame. Notice: All names of companies and/or people used in this website are purely fictional. This site is not endorsed by any company. Use of this site means you accept our Terms of Service Copyright (C) 2002-2005 Round Mountain Group LLC. All rights reserved. Unfortunately, due to copyright issues, we cannot accept any contributed ideas or material for our sites. |