Company Management’s Ability

 

                   

It is true that an executive must operate with the hand being dealt. If the business environment or the economy is poor, an excellent manager may do extremely well by just minimizing losses. But there are no real standards to go by.

                   

Look at management techniques used; they are all the same. The same acronyms to describe managerial approaches. But those that worked in the past may not be working now. The ones that did not work in the past may be working today.

A lot of luck is involved and lots of persistence.

You do need an earnest game plan Also an eye on protective management technique that actively avoids serious problems. For example, keep away from damaging lawsuits, especially employee harassment and EEOC complaints. Management has to consciously stick to the employee manuals set up. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)