search query: @author Hammer, R. M. / total: 1
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| Author: | Hammer, R. M. Hinterhuber, H. H. Lorentz, J. |
| Title: | Privatization- a cure for all ills? |
| Journal: | Long Range Planning
1989 : DEC, VOL. 22:6, p. 19-28 |
| Index terms: | PRIVATIZATION PUBLIC CORPORATIONS CORPORATE STRATEGY DEREGULATION |
| Language: | eng |
| Abstract: | Any discussion of privatization should include business management issues such as the need for a new corporate strategy and for careful selection of executive personnel. It is the aim of both public and private sector management to maximize long-term profitability. However, managers in the public sector face the additional burden of having to promote the government's objectives for their industry. Before privatization, the overall long-term prospects of the company need to be examined. Management requires a long-term vision so that they are able to prepare strategies for managing privatization. A privatization strategy, closely linked to overall business strategy, must provide a clear process for providing a new direction for the company. |
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