"Comprehensive reform, not modest repairs at the margin, but new rules of the game.
VOA: standard.2009.03.26
We expect the growth in its hardware business to be relatively sluggish initially as it phases out the low margin products while pushing its new high margin products to customers.
An innovation can be as simple as your bookkeeper reducing a bill paying process by 3 steps and thus saving 5 minutes per bill, to an entirely new product line, to an improvement to a current product, to a new high margin service, to a new cultural ritual to improve employee engagement.
Adjusted homebuilding gross margin expanded 210 basis points to 23.2% on the back of an increased average sales price, increased deliveries from new higher margin communities and reduced incentives.