Interpreting the 2019 Cost of Doing Business Report
Includes a Live Event on 09/25/2019 at 11:00 AM (EDT)
The 2019 Annual Cost of Doing Business Report is a management tool available to member dealers through AED. The report’s analytic content serves two purposes: 1) benchmarking of your dealership's 2019 operating results to the composite results of those in your peer group (based on revenue segments) and 2) identification of emerging strategic trends.
Please join our webinar for insights on using the report to expose opportunities for operational improvement in your dealership and to learn about competitive strategies being deployed by dealers participating in the report. Takeaways from the webinar will include how to navigate the report, how to utilize benchmarking as a tool for profit improvement, and how to interpret and apply the strategic trends embedded in the report’s content.
Dick is a veteran of the professional services sector with his career spent at Grant Thornton LLP and SAP. As a partner at Grant Thornton, Dick interacted with dozens of enterprises including independent equipment dealers. That experience feed his interest in why some companies do well and some do not, even though in the same industry. As a SVP and General Manager at SAP Dick engaged in leading edge technology issues and the reasons why the promise of technology often did not live up to its promise. At both Grant Thornton and SAP Dick held management and leadership positions that allowed him to work on the businesses in addition to in them.
Although formally retired, Dick’s curiosity and interest in business took him to the University of Denver where he is a 2018 Master of Science candidate with a focus on strategy and innovation. He has been sanctioned by the University to complete primary research in the independent equipment dealer sector with the aim of identifying emerging trends in dealer strategies and business models. That research is being conducted in partnership with AED.
Dick is a graduate of Wichita State University, the Young Presidents Organization, and executive programs from both Harvard and Wharton. Dick and his wife live in Colorado as do their married children and their grandchildren.