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The prescribed-fire budget is being reduced, so we're forcing fire managers into wildfire management.
And, he said, "we moved funds that had been managed by traditional value managers into the large-cap growth sector".
This transformation, spurred on by the leveraged buy-out movement of the 1980s, has given executives large equity stakes in the companies that they manage, and has converted managers into owners.
In some instances, the inability of government to identify and cope with the underlying problems that operate to produce constraints to management of hospitals have usually forced healthcare managers into frustration.
That forces fund managers into difficult choices.
The police sometimes sling managers into jail on flimsy charges.
It brings managers into closer contact with the organisation's customers.
These, he says, "distort decisions, and turn honest managers into schemers".
Once Microsoft built memory managers into Windows, those start-ups became irrelevant.
That has pushed hedge-fund managers into less liquid markets, such as mid-cap stocks.
It is by definition a social instrument, turning middle managers into bullet-point dandies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com