Chapter 6. From Business Manager to Group Manager

This leadership passage can be a major letdown. As we've emphasized, business managers usually love their jobs because running one's own business is enormously fun and rewarding. But as a group executive, they're no longer running a business. Sometimes they lack a staff and must borrow staff from a business unit or the corporation. The skills required at this level are more subtle and indirect. Group executives must engage in the sometimes frustrating business of allocating limited corporate resources among competing businesses, developing business managers without stepping on their toes, and developing an appropriate portfolio strategy that creates horizontal synergy among various business units ...

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