We have collective experience and success in the outreach arena that is unsurpassed in the industry.
Outreach Profitability Assessment
The objective of this type of an engagement is to assess the profitability of an existing outreach program on an incremental cost basis in order to determine the contribution margin to the organization.
Determination of incremental costs is important in such an analysis, since allocation of average costs may give an erroneous indication about program profitability, i.e., if such a program were terminated, the institution would lose the associated net revenues, but only incremental costs.
Thus, use of incremental costs will identify the actual contribution or loss from such a program. The analysis examines profitability over a 12 month period.
Client Deliverables | Information for Decision Making:
- You will know if your current program is profitable and contributing to the System's not-for-profit mission.
- You receive a report that details strengths and weaknesses of the laboratory's internal support infrastructure with recommendations for improvement.
- If the outreach program is not profitable, you will receive a growth strategy recommendation from us to rectify that finding.