Etsy
we made more human | Etsy
Company
Deck Type
Sector
Industry
Deck date
February 2022
Slide
8 of 39
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strengthening the system what franchisees had to say capital allocation criteria decision making process varies between and the community low investments are occasionally forced upon franchisees regional managers often make capital investment decisions they will not have to live with given their status as salaried employees with limited tenure in any one position made for you program is an example of a historical capital investment decision that may have been amended or prevented by an arm length hundreds of millions of dollars of capital invested in a kitchen system that is widely considered inefficient for many franchisees it has led to decreased profitability increased wait times and increased staffing requirements testing at did not reveal the true economic impact of the program made for you problems could have been prevented if the system had the appropriate checks and balances | Pershing Square
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