Phase II introduces the CEO and CFO to OIS’s exhilarating qualitative advantages for the firm. Specifically, moving from a one with a budget focused on cost-min with an income statement focused max-profit possible.
The advantages include:
- the departmental managers being relieved of the traditional budget’s dis-incentives
- employees being proud of the firm’s executive team which is focused on best possible profit
- departments’ managers being motivated to directly impact firm’s productivity by using their knowledge of their departments’ activities to improve their departments’ productivity
hr tutorial