Volume 15, No. 11 November 2021
Strategic & Financial Arguments (TM)
for the pulp and paper industry worldwide
Participating as industry experts in pulp and paper financing and M & A deals around the world for nearly three decades, we continue to see the same mistakes made over and over. This newsletter is designed to help you avoid costly mistakes we have seen others make. We will be giving you one or two points each month to help improve your performance.
 
Mixed Results


As I write this, third quarter results are coming in. Surprisingly, they seem to be quite mixed. Some doing very well, others, performing poorly.

For the poor performers, lots of excuses abound, from supply chain disruptions to inflation and everything in between.

I'll suggest you take the stance a wise CEO once took with our team as we visited headquarters to review our monthly results. He said this, "I hired you to make your numbers each month despite conditions out in the world, not to give me excuses because of conditions out in the world."

Now, maybe you want to give a company's executive team a break for one missed quarter, but I would urge you to consider that two missed quarters may suggest it is time for a deeper look at how they may be performing.
If you have a casual question or a major deal, call me on my personal cell phone - 404-822-3412 or email me at jthompson@taii.com or jim.thompson@ipulpmedia.com. We are here to help.

 
Sincerely,