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Quote by Ken Moelis

“Whatever it is, in a 1% GDP world, I think people feel like there are other things they have to do other than just organic growth.”

Quote by Ken Moelis

Author

Ken Moelis, born in 1958, is of an unknown profession category. His life experience and contributions are currently limited in available information. more

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“I find it is happening in different ways to every industry in the world, and positioning yourself for that, and trying to get ahead of that, is a big conversation right now.”

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“In each business, there is a process, or a delivery system or information system, that is changing rapidly under them.”

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“As a whole, [changing] is deflation force that is being underestimated. Whether each person thinks of it in the context of the word deflation ... what they think of it is, "Hard to hold my margin. I'm under margin pressure. I'm under sales pressure. I'm under cost pressure."”

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“I asked one retailer, I said, "Let me ask you, are you going to raise prices next year?" They looked at me and said, "Not only are we not going to raise prices, we're going to have to lower prices, increase the quality of the goods, and turn the inventory quicker."”

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“We pick on retail, I think, because each individual has experience with retail. It is easy to talk about.”

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“Not everybody has experience in drilling for oil in the Permian Basin, but the same thing is happening in every industry everywhere in some manner.”

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“Everybody is talking about synergies. You've got to take out every cost you possibly can. You have to position yourself as your services change.You have to think about in five years from now what is going to happen technologically to you. And then you do have to think about M&A or your balance sheet, and you have to think about everything in the context of, "Am I prepared to meet that challenge?".”

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“The reason you're put in the CEO chair is because a company is facing these issues and you've been designated the person best to organize around them. I think that people are pretty energized around trying to figure this out.”

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