analyse the notion that the 21st century managers are prioritising personal gains ahead of stakeholder interest
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Delegation-is passing authority down the organisational hierarchy:gives seniors more time to focus on important strategic roles
Decentralisation- decision-making powers are passed down the organisation to empower the subordinates and regional/product managersComments Report
Decentralisation- decision-making powers are passed down the organisation to empower the subordinates and regional/product managersComments Report
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No, it is completely wrong that today's managers prioritize personal gains over stakeholder interest, it is because now a days managers are technically and professionally are more innovative and creative. Managers of progressive and flourishing organizations are contributing a lot in organization's gain and profits by their hard work and innovative ideas. As the organization earns profit due to manager's creative ideas and wise decisions the ultimate benefits go to stakeholders of the organization. So if the managers are paid according to their satisfaction they always prioritize stakeholder's interests.
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