In: Economics
effective companies stay in operation longer and make more profits compared business counterparts . they traits and effective characterstic
1] EVERY ONE HAS A GOOD IDEA OF THE DECISION AND ACTION FOR WHICH HE OR SHE IS RESPONSIBLE
2 ] IMPORTANT INFORMATION ABOUT THE COMPETITIVE ENVIRONMENT GETS TO HEAD QUATERS QUICKLY
3] ONE MADE DECISION ARE ALREADY SECOND GUESSED
4] INFORMATION FLOWS FREELY ACROSS THE BOUNDARIES
5] FIELD AND LINE EMPLOYEES USUALLY HAVE THE INFORMATION THEY NEED TO UNDERSTAND THE BOTTOM LINE IMPACT OF THIER DECISIONS
6] LINE MANAGERS HAVE ACESS TO THE METRICS THEY NEED TO MEASURES THE KEY DRIVERS OF THE BUSINESS
7] Managers up the line get involved in operating decisions
8] confiting messages are al rarely sent to market
9] the individual performance appraiial differentiates among high adequate and low performans
10 ]promotions can be lateral moves
11] fast track employees ca expect promotions more frequently
12 ] the primary role o corporate staff is to support the business units rather than audit them