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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1921 |
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Executive management is charged with the efficient and fiscally sound operation of the company and as such, they too must consider all competitive options. However, executive management must also consider effective employee relations since its immediate responsibility is the overall smooth operation of the company rather than the purely results driven perspective of the shareholders...
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As McShane notes, in the post-Enron world, executive leadership must now first guide by self-leadership rather than by fiat alone(2005). Finally, the employees, as represented by the union, while also expecting the company to be managed as competitively as possible, also maintain the expectation that their interests are important to such sound management and that their input in strategic management decisions of such magnitude will be considered...
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