Managing Life Cycles Influences in an Organization
Title: Managing Life Cycles Influences in an Organization
Category: /Business & Economy
Details: Words: 1383 | Pages: 5 (approximately 235 words/page)
Managing Life Cycles Influences in an Organization
Category: /Business & Economy
Details: Words: 1383 | Pages: 5 (approximately 235 words/page)
Managing Life Cycles Influences in an Organization
For everything in life there is a season, and the same holds true for business. There is a life cycle that successful businesses inevitably pass through. They endure the perils up start-up, often on a shoestring; they grow to greater size and stability, permitting the owners to think about building wealth for themselves and their employees; and they progress to a point where owners have to think about
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who understand the importance and invest in their relationships with their employees,
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strengthen the bond between themselves and their subordinates. This strength provides stability during lean economic times and positions the company for greater productivity as the business climate improves.