GREY:LGLTF - Post by User
Post by
Gerritoson Sep 26, 2013 12:45am
277 Views
Post# 21768617
LOY Strategy
LOY StrategyRuy's strategy is based strictly on revenue growth with no regard to profitability. Easy to buy schools but trying to integrate the culture not to mention salary structure is a huge obstacle. Hard to make money. I know for a fact that some of the cost savings they claim do not exist. As per MTI, all the overheads are still there. No changes or cost savings.
Hugely overpaid for KGIG. If you own 7 schools in Vancouver, why would a student go to one vs another? Competition between administrators and admissions between schools bwith no differentiation. What ever happened to the brilliant idea of home stays?
Ryu doesn't have a clue