Question: The one factor that company executives need not worry about when their company is managing many diverse, unrelated firms is to understand the true value
The one factor that company executives need not worry about when their company is managing many diverse, unrelated firms is to
understand the true value of strategic investment proposals by businessunit managers.
know what to do if a business unit stumbles.
"manage by the numbers"that is keep a close track on the financial and operating results of each subsidiary.
pick businessunit heads having the requisite combination of managerial skills and knowhow to motivate people.
stay abreast of what's happening in each industry and subsidiary.
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