Arresting Deterioration - A CEO’s Priority

Authors

  • Girish Jakhotiya Ex-Professor, Jamnalal Bajaj Institute of Management Studies, Mumbai

DOI:

https://doi.org/10.33516/maj.v54i7.63-65p

Keywords:

No Keywords.

Abstract

Great business organizations can deteriorate and deplete very fast if the early warning signals are not captured through an appropriate management and operational control system. Failure can be accidental and therefore may be pardonable. Deterioration is never accidental and hence cannot be pardoned. The visualizers and carriers of deterioration are normally the people, products and processes. Therefore, a business organization has to constantly review, revise and revitalize these three most important components of business performance. Deterioration can be arrested if the CEO empowers his team members to identify it and take timely decisions without any bureaucratic hurdles.

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Published

2019-07-31

How to Cite

Jakhotiya, G. (2019). Arresting Deterioration - A CEO’s Priority. The Management Accountant Journal, 54(7), 63–65. https://doi.org/10.33516/maj.v54i7.63-65p

References

This article comprises of my views based on my 36 years of professional experience. I have not used any references directly or indirectly to write this article.

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