Margin

Combatting Margin Compression

Written by Lincoln Intelligence Group | Nov 3, 2022 10:14:11 PM

Incessant cost inflation plus a radar full of revenue deflation - it all adds up to continued pressure on gross margin percentages and dollar contributions. We will review current strategies for tapping into the four big opportunities for pushing back on margin compression:

  1. Grow revenue organically
  2. Manage direct costs and resources
  3. Streamline operating expenses
  4. Launch new services – including at-risk

Speakers:

  • Mike Dordick, President, McBee Associates
  • Mark Sharp, Practice Leader, FORVIS