«For a lot of these big producers
they get operating leverage out of higher volumes, so they will survive in the low cost model.»
Not exact matches
So look for revenues to keep waxing, and for
operating leverage to
get stronger as Moynihan fulfills his pledge to drive down costs well into next year, then hold the expense line steady thereafter as loans and interest income keep growing.
Well, because of the
operating leverage of the business, if management can
get it just right and the pulp and paper market are somewhat stable, the company could make a boatload of money.
As such, you will
get the most out of your employees if you allow them to
leverage their own strengths, work according their own productivity rhythms, and
operate with at least a little autonomy.