{"id":18013,"date":"2015-04-29T13:43:08","date_gmt":"2015-04-29T13:43:08","guid":{"rendered":"https:\/\/lern.org\/?p=2786"},"modified":"2021-08-02T12:23:34","modified_gmt":"2021-08-02T17:23:34","slug":"poor-decisions-cost-you-money","status":"publish","type":"post","link":"https:\/\/lern.com\/lern\/poor-decisions-cost-you-money\/","title":{"rendered":"Poor Decisions Cost You Money"},"content":{"rendered":"<p><a href=\"https:\/\/lern.org\/wp-content\/uploads\/2015\/04\/decisions.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-2787\" src=\"https:\/\/lern.org\/wp-content\/uploads\/2015\/04\/decisions-300x227.jpg\" alt=\"decisions\" width=\"300\" height=\"227\" \/><\/a>\u201cPoor decisions are being made by too many administrators regarding the performance of a class, event, or contract,\u201d says Greg Marsello, LERN Senior Vice President for Organizational Development.<br \/>\nMarsello travels around Canada and the United States each week and sees program financial data.\u00a0 He reinforced the unfortunate \u201cnews\u201d at the Operations and Staffing Institute in Savannah, while participants at the Advanced Programming Institute also got the word.<br \/>\nPoor decisions are being made due to administration cost factoring\u00a0when operating margin should be the focus, notes Marsello.\u00a0 By focusing on administration costs instead of operating margins, too many successful classes and events are being cut.\u00a0 Not only are these classes and events profitable, they are also prime classes to grow to become even more profitable.\u00a0 Instead of looking at costs, look at your Division and class Operating Margins to determine financial performance.<br \/>\nSome 25 percent of programs are not doing very well financially due to their own poor decision-making.\u00a0 The other top four ways programs shoot-themselves-in-the-foot are:<\/p>\n<ol start=\"2\">\n<li>Cutting back or eliminating print brochure.<\/li>\n<\/ol>\n<ol start=\"3\">\n<li>Cancelling classes based on the wrong criteria, budget, instead of cancelling classes based on the Go-No Go point.<\/li>\n<\/ol>\n<ol start=\"4\">\n<li>Not pricing just below price points.<\/li>\n<\/ol>\n<p>To get the best return for your LERN consulting, bring Greg Marsello to your program doing a Program Review.\u00a0 The Program Review has saved, or made, tens of thousands of dollars for programs.\u00a0 Some Program Reviews have led to making programs up to a million dollars.\u00a0 Just email Greg at <a href=\"mailto:marsello@lern.org\">marsello@lern.org<\/a> for information.<br \/>\n<em>Photo: Some people learn better poolside at the LERN Institutes.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cPoor decisions are being made by too many administrators regarding the performance of a class, event, or contract,\u201d says Greg Marsello, LERN Senior Vice President for Organizational Development. Marsello travels around Canada and the United States each week and sees program financial data.\u00a0 He reinforced the unfortunate \u201cnews\u201d at the Operations and Staffing Institute in<\/p>\n","protected":false},"author":17,"featured_media":2787,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-18013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/posts\/18013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/comments?post=18013"}],"version-history":[{"count":1,"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/posts\/18013\/revisions"}],"predecessor-version":[{"id":19123,"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/posts\/18013\/revisions\/19123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lern.com\/lern\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/media?parent=18013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/categories?post=18013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lern.com\/lern\/wp-json\/wp\/v2\/tags?post=18013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}