RE: Product Gross Margin Or O/H Concern5 Mar 2014 21:09
Straightforward simple case of one person getting their foot in the door and then slowly but surely manipulating situations and people to oust others one by one until the balance of power has shifted - unfortunately it may be the case that at least one or two of the initial team may have been instrumental in the future development of the company, or more to the point its products and intellectual property, rather than cutting them adrift to steer their own path in future competition for the company (particularly whilst PIM stutters to deliver even given a head start as it is too enveloped in having a complete clear the decks exercise and relocate from its roots to a more 'desirable/fashionable location' for its new management
InCa was developed, launched and commercially sucessful, effectively subsidising and financing all other products both past and current but yet now seems to be out of favour and all focus moved to its newer products at the expense of this established business - hopefully the plan works or the core business PIM has survived on so far will have disappeared under other competing products - the secret of cutting adrift the pioneer of your products is to ensure you take advantage of what you already have before they are able to develop their own products and bite you in the ass - quite clearly PIM either have been too full of themselves to deal with this or don't have the expertise (in house anyway) to continually develop newer improved products. I would guess they are now maybe shelling out fortunes on consultants and 3rd parties to get back the momentum