What is Underwear Gnome Economics?
1.
A business model in which a company may have great offerings, but does not necessarily great profits due to a lack of stratedgy or how the business is run.
Outlined in an episode of
Step One: Collect underwear.
Step Three: Profit.
WebMD's underwear gnome economics.
Step One: 'Provide connectivity and a full suite of services to the healthcare industry that improve administrative efficiencies and clinical effectiveness enabling high-quality patient care.'
Step Two:
Step Three: Profit.
See
Random Words:
1.
similar to getting shit canned, to 'get the ass' is to get fired from your job
Michael: Peter if you dont get your shit toget..
1.
When someone tries to do something better than you, but they can't.
I was bowling with Ron the other day. I got a strike, and he z..