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Being involved in the manufacturing segment of the telecom market, I witnessed first hand the results of the crash, including massive layoffs, hostile corporate take-over, and enormous company debt. Many top managers and front-line supervisors were so consumed with demands, changes and challenges of the exponential growth of the telecom market that portions of the four functions of management were short-circuited , which are planning, organizing, leading and controlling.
The first function for managers at all levels is to engage in planning. Planning involves devising a scheme for attaining the goals of the organization...
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