Experienced and on the move
Article Abstract:
Mid-level executives must learn how to survive in a job environment where security of tenure is a thing of the past. As many middle-management people have discovered in the wave of downsizings that have occurred in the 1990s, overdependence on a single employer can be ruinous to an executive's employability. The appropriate response, therefore, to the changes that are taking place in the job environment, should be for executives to realize that the best way to guarantee their employability is to bundle up one's expertise and ensure that it can be transferred to other jobs at other companies. In short, executives should consider job mobility to be regular part of their career planning. The best way for them to do this would be to maintain regular contact with peers in their field of specialization and continually upgrade their skills to remain competitive in the job market.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1995
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Parting from your parent
Article Abstract:
A management buyout seemed to be the best solution to the significant differences between UK-based Granger Telecom and its Dallas, TX-based parent DSC Communications Corp. The Granger business focused on marketing communication systems to the Third World, while DSC concentrated on the American domestic market. The parent company was displeased with its UK subsidiary's choice of markets because it was not familiar with these countries. Granger Telecom management resented being told what markets to concentrate on and was also unhappy with DSC's demands that the UK end of the business function like an American firm, even insisting that an American flag be flown in the Weybridge facility at all times. Granger Managing Dir. Ray Verth offered a management buyout, which DSC management later accepted.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1995
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Use your common sense
Article Abstract:
An investor must use his common sense while making investments in any company. He must look for non-financial signs that indicate that the company would soon be teetering irrespective of its performance indicators.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2004
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