alt Hacker News> What does it mean in this context to be more intelligent and shrewd than the existing owners?
Streamlining everything. Sometimes this is done in a bad faith way, but it’s often not difficult to do it in a good faith way.
Some simple examples:
- right-sizing staff (can be reducing, increasing, or changing roles)
- improving marketing (e.g., simple things like customer reactivation, packaging the product/service better, or just plain, ol’ getting the word out better via stuff like before/after pics or success stories)
- improving operations (e.g., better organization, better processes, better communication, better training, better logistics, etc.)
> Delivering better profit margins?
Improved profit margins are a byproduct of the things listed above.
You're putting the cart in front of the horse. Their incentive and their job isn't about 'streamlining' anything, let alone in a good-faith way, and that just so happens to deliver some extra cash on the side in a pleasant surprise. Their sole purpose is the profit, and they will try absolutely anything to get it. Sometimes it may accidentally produce good outcomes, but in general there's no rule or incentive to ensure that happens. They can do anything, and if there's anything to go off of, every entity I see desperately chase profit over all turns utterly evil. Being evil just deepens your toolbox for getting the only thing that matters in the world - money - so of course they tend to win out over anyone who still actually cares about the underlying business or customers.