NewsBite

Chanticleer

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.

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

“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 now

Already a subscriber?

Read More

Latest In Financial services

Fetching latest articles

Most Viewed In Chanticleer

    Original URL: https://www.afr.com/chanticleer/back-to-basics-works-for-bombed-out-blue-chips-20240830-p5k6ol