Bloomberg's New System May Ease Transition if Boss Runs for Mayor
ORGANIZATION & MANAGEMENT
NEW YORK: Michael Bloomberg has designed and implemented a management program that rotates nine key senior executives into and out of areas that are not their perceived core competencies.
A company spokesperson says that the twofold purpose of the Bloomberg exercise is to reduce the potential for disconnection between the various Bloomberg departments as the company grows and expands; and to encourage senior managers to identify strong deputy directors who can successfully assume responsibility
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