Download Management Risk: The Bottleneck is at the Top of the Bottle by Dimitris N. Chorafas (auth.) PDF

By Dimitris N. Chorafas (auth.)

Show description

Read or Download Management Risk: The Bottleneck is at the Top of the Bottle PDF

Similar managerial books

A Study Of Performance Measurement In The Outsourcing Decision

Outsourcing is a key factor for plenty of firms having moved from the contracting out of peripheral actions corresponding to cleansing to extra severe parts reminiscent of layout and advertising. This document is for managers and other people in finance and accounting features and takes a realistic technique in constructing a framework after which making use of this framework in a precise company which makes it more uncomplicated for practitioners to appreciate.

Managerial Epidemiology for Health Care Organizations (Public Health Epidemiology and Biostatistics)

Managerial Epidemiology for health and wellbeing Care firms offers readers with an intensive and complete realizing of the appliance of epidemiological rules to the supply of healthiness care companies and administration of future health care enterprises. As future health management turns into facts- and population-based, it turns into serious to appreciate the impression of affliction on populations of individuals in a carrier quarter.

The Application of the Controllability Principle and Managers’ Responses: A Role Theory Perspective

In contemporary works at the layout of administration keep watch over structures, curiosity within the controllability precept has noticeable a revival. Franz Michael Fischer investigates the consequences of the principle’s program on managers’ responses. the writer extra explores the impression of a number of vital contextual elements at the uncomplicated relationships and, therefore, develops moderated mediation types.

Extra resources for Management Risk: The Bottleneck is at the Top of the Bottle

Example text

If indeed cable was AT&T’s future, with Comcast taking AT&T’s crown jewels it was likely that some other companies would get AT&T’s low-margin leftovers and other damaged goods. In December 2002 the talk at Wall Street was that both AT&T and WorldCom (if it came out of a bankruptcy protection) would need a white knight – probably SBC. That would be the end of the venerable telephone company whose Bell Telephone Labs were once the envy of the world. 30 Management’s Responsibility Towards the Shareholders Nor were investors happy with the fact that, while AT&T’s equity was being managed in a questionable way, as documented by the beating the market gave to the company’s stock, its top executives were being paid a high premium.

The message this story carries is that big egos are self-destructive. 6 Shareholders kick out poorly performing CEOs “Re-engineering,” “downsizing,” “cutting costs,” or “chopping dead wood” describe the practice followed by companies for slimming down by eliminating middle management and rank-and-file jobs. There are even computer programs which help in doing so. 14 The $500,000 “fireware” developed by Business Layers, of Rochelle Park, NJ, dumps intended employees with a memo, closes their payroll accounts, cancels company credit cards, shuts down email, eliminates parking privileges, and locks down telephone extensions.

Another business which hurts investors are the benefits derived by those favored with initial public offerings (IPOs). As an article in BusinessWeek pointed out, Disney CEO Michael D. , and several eBay executives, including CEO Margaret C. Whitman, received “hot stocks” from Goldman Sachs. Salomon Smith Barney also funneled IPOs to Qwest Communications’ CEO Joseph P. 15 Other investment banks used profits to be obtained from IPOs as bait to get lucrative contracts for themselves. Even labor bosses joined the bandwagon.

Download PDF sample

Rated 4.49 of 5 – based on 31 votes