Chanticleer
Back to basics works for bombed out blue chips
Here’s a lesson for all the new chief executives; investors prefer it when you fix what you’ve got, rather than chase what you think you need.
“Not wild.”
All the CEOs who have inherited tricky clean-up jobs would do well to remember that two worded-promise. That’s what your big investors want; cost discipline, more focus on margins than topline growth, and shrewd capital allocation.
Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles