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Management training and the smaller company: SWOT analysis

NH STAIT (Senior Partner, Urwick, Orr & Partners Ltd)

Industrial and Commercial Training

ISSN: 0019-7858

Article publication date: 1 July 1972

778

Abstract

Success in business depends generally on: ★ the commercial or entrepreneurial acumen of the man at the top; ★ a good product that people want; ★ an ability to choose, stretch and develop managers; ★ a knowledge of the management techniques appropriate to the needs of the particular company; and ★ a certain amount of good luck. Relative effectiveness in the first four areas will depend, in the medium and large companies, on a number of people and the size and complexity of the processes. In a smaller business, which i s usually less complex, the effectiveness is usually dependent on one or two people — the boss(es), the managing director(s).

Citation

STAIT, N. (1972), "Management training and the smaller company: SWOT analysis", Industrial and Commercial Training, Vol. 4 No. 7, pp. 325-330. https://doi.org/10.1108/eb003232

Publisher

:

MCB UP Ltd

Copyright © 1972, MCB UP Limited

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