Thursday, May 10, 2007

Stick to your knitting

The birthrate has fallen. So in our night school program we are taking in less able students every year. These falling standards will pull down the ranking of our school in the next couple of years.

Maybe we should quit the program. Cancel it. Kill it.

Then we lose income from 170 students every year.

Hmm. Can’t afford that. Got to pay for that new building somehow. OK, how about taking in an extra 170 day students into the day programs to compensate?

Can’t. Not enough facilities. Ministry of Education won’t allow it.

Okay, how about renting out rooms at night to clubs? Show movies in the theater? That would bring some income.

Risky losing focus on your core business. Like that steel company branching out into mushroom farming and failing big. We know students. We can teach business. We could
offer the same courses at night at cut rates to foreigners, Chinese, Korean students and the like. Degree on the cheap, and it might raise the existing

night school standards. And we’d be
sticking to our
knitting.

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