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12:55 Sep 4, 2008
English to Polish translations [PRO] Bus/Financial - Other
English term or phrase:managerial focus
A conglomerate has divisions, and its stock price represents the value streams of all those businesses. A federation of companies, like M&M, has investments in separate businesses. The distinction is important because there
are two components of focus, managerial and financial.
In 1994, when I restructured the group into sectors, I provided managerial focus to all our businesses. Dedicated teams of managers have run our businesses since then. I kicked myself upstairs to make sure the structure would work; otherwise, I’d be breathing down the presidents’ necks every day, defeating the idea of managerial focus.