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But back to the economics: Eddie Lampert's big idea is that markets and competition rool, so he's forcing the different parts of Sears to compete for resources just as if they were independent firms, with individual division profitability the only criterion for success.
Meredith describes AIG as a very flat organization with strong leaders operating each individual division.
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I do not know the name of these individual divisions.
It rewards performance and does not interfere with individual divisions as long as profits increase.
He competed in three Olympics 1964, 1968 and 1972 in the team and individual divisions.
If the primary pinnae are divided, then the individual divisions are known as pinnules.
Starting with its quarterly results due out in August, the company said, it plans to disclose more information about its individual divisions, like their revenues and operating margins.
And whenever corporate profits flagged, the response was mindless across-the-board cost cutting that took little account of individual divisions' performance.
A second spur comes from changes in how managers are rewarded, with more emphasis being placed on group performance rather than that of individual divisions.
The report in this exhibit employs the widely used profit contribution format, in which divisional results reflect sales and expenses traceable to the individual divisions, with no deduction for head office expenses.
Historically and administratively, many universities are decentralized, thereby leaving the authority for maintaining data to individual divisions, departments, centers and libraries.
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CEO of Professional Science Editing for Scientists @ prosciediting.com