Thursday, November 22, 2012

#crisis #business
How to become a CEO: first learn how to fire people and close things

"Managers must be able to maximize productivity from lean staffs and diminished resources. They must be able to grow big but keep costs small. Ultimately, CEOs are on just as short a leash as everyone else."

" There’s a lot more hiring people with management consulting backgrounds, and fewer from banking backgrounds. Companies are a lot more gun-shy than before on executing mergers and acquisitions. Companies are focusing instead on how to grow, they want someone who can do some percolating, someone who can control costs. They are less interested in buying other companies."

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