Just write a compelling subject line that gets more opens, right? Well, yes—getting your prospect to open your email is obviously critical to your email marketing success. But only the first one delivers you a lead for follow-up. Most of the time, yes.
Path to profitability Path to profitability Our key priorities for and are to reduce debt, strengthen our balance sheet, and restore our financial flexibility. We took the first important steps toward those goals inas we recognized that we must create our own success regardless of market conditions.
Our path forward involves long-term, sustainable changes to all areas of our business. These include field improvements, enhancements to our supply chain and procurement policies, a shift in our approach to sales, general and administrative efficiencies, and manufacturing process improvements.
We have also completed a top-down and bottom-up validation process that confirms the size of the opportunity is at least as large as what we had estimated. We also progressed in our plans for strategic divestitures.
We divested our U.
We will continue to seek out and capitalize on opportunities to divest other areas of our business that are not critical to our strategy going forward, enabling us to further reduce our debt burden. We remain committed to cutting debt-to-EBITDA ratios in half by year-endand are determined to ultimately return to an investment-grade rating.
Looking to the future Looking to the future There is much to look forward to in and beyond. We have a competitive technology portfolio with a strong set of product and service offerings that gives us broad exposure to the fastest growing markets, particularly U.
In addition, we are exceptionally well positioned to benefit from growth in international land markets, particularly Russia and the Middle East.
While we expect continued stress in select areas, such as Venezuela, when you look at the market for overall, conditions favor Weatherford. Our realigned operational matrix, which is also reflected in our financial reporting structure, enables us to optimize how we deploy products and services in the field by tapping into new synergies and efficiencies.
Additionally, our shift to a more problem-solving, partnership-based sales approach facilitates more cross-product line selling, more joint technology developments, and greater market share.
The combination of reduced operational costs and increased revenue opportunities will enable us to achieve sustainable free cash flow. Our potential far outpaces our recent results, and we are determined to close that gap.
We are fully committed to the strategy we have laid out ahead of us, and we are confident that it will produce results for our stakeholders. The people that drive us The people that drive us We have come a long way from where we were a year ago, and that is because of our people.
I want to thank our entire Weatherford team for helping us to build a stronger, more innovative, and collaborative Company.
Your hard work has not gone unnoticed. We have started down a solid path, with many of your ideas leading the charge.
We simply could not achieve the great things ahead of us without your support. By executing on the strategy that we developed over the course ofWeatherford will emerge a much stronger company with a clear purpose and vision for the future.
It is my mission to ensure this happens for the greater good of all our stakeholders.Apr 23, · Discipline 4 - The discipline of accountability. No matter how brilliant your plan or how important your goal, nothing will happen until you follow through with consistent action.
4DX brings the practices that drive accountability and follow through, despite a whirlwind of competing priorities.
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Skip the Boring Business Plan. Focus on This Strategy Instead. Next Article --shares; you can begin to build experiments to gather data about those areas to test your assumptions. These. 1 Types of Discipline Used in Creating a vision or objective helps provide a focus and a framework on which to base important business decisions.
Developing a business plan should help a. In , we set the stage for the future of our Company.
When I accepted this job last March, I recognized the tremendous opportunity available to Weatherford, and also the time and effort it .
Elements of a Business Plan the goals of your development plan to establish key areas that need attention.
capital they feel they can safely invest in the business. In the business plan.