[Management Column Vol. 43] Key Points for Promoting Executive Employees

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Please use this as hints for management decisions, such as building a management foundation, improving management quality, cash flow management, bank relations, business succession, and restructuring after the appointment of the second or third generation. Also, feel free to contact us with any questions or inquiries when putting this into practice.

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Applications/Examples of results

The key point for promoting executive employees is when the management feels that they have "approached the value judgments of the executives." What is important is "how much crisis awareness the executive employees can have regarding the significant drop in sales." In other words, "how to view the market" is one example. Is it a trend specific to that year, or will this trend continue in the future? If it continues, it indicates that the consumption structure is changing, and the market contraction will progress. In that case, if fundamental measures are not taken by next summer, it will significantly impact not only this year's performance but also next year's performance. In the field of management, there are many other situations where value judgments as executives are made. It is difficult to have exactly the same value judgment criteria as the top executives when carrying different burdens, but it should be possible to bring them closer together. Next time, I will discuss "There is no 'appropriate size' for a company."