Saturday, December 09, 2006

Management lessons


The current crisis makes a great case study on fundamentals

Students of management, business and economics: here’s your opportunity. A study of the current political crisis would yield great examples to support the fundamental rules that govern management.

The key ingredient to any successful management is trust between the various stakeholders. Shareholders of companies will only listen to the same promises about planned changes or improved governance for one or two AGMs before they become dissatisfied with mere words.

See full Article.