Determining the proper balance


Problem:

One of the greatest challenges faced by managers is attempting to keep a balance between maintaining current levels of profitability, while also evolving and growing as an organization. In the rapidly changing world of business today, managers must have the leadership skills to know when to go forward with innovations and to recognize when they are not in the best interest of the company.

Q1. What role do you see the manager playing in determining the proper balance?

Q2. What effect would leaning too much towards either process have on the overall well-being of the company?

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Finance Basics: Determining the proper balance
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