Before making a switch to education over 20 years ago, OESIS Network President Sanje Ratnavale had a 15-year career in finance including positions as CFO of a public company and Director at a Venture Capital Fund; he has been CFO of a K-12 independent non-profit school in L.A. for seven years managing an $80 million asset base and a $30 million budget. His passion, however, remains for teaching and learning.
Two years ago in our COVID Survey April 2020 Report of 154 Schools (page 19) at the dawn of the pandemic, we stressed that it was time that independent schools take a cue from McDonald’s and stop the “all-day breakfast” mentality. What did we mean and did anyone take our advice?
“It is not just schools that are learning this hard lesson in product management through this crisis, but others that have allowed brand management to fall prey to ever-increasing customer demands on choice. McDonald’s recently reversed course by eliminating all-day breakfast after five years, a service they had resisted for years, but customers had demanded: all-day breakfast made customers delay breakfast purchases impacting breakfast sales in the mornings and it took away from…