search query: @author Steger, U. / total: 6
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| Author: | Lochmann, H.-D. Steger, U. |
| Title: | Performing Under Pressure: Managers Embracing New Realities |
| Journal: | European Management Journal
2002 : AUG, VOL. 20:4, p. 341-355 |
| Index terms: | MANAGERS WORKING CONDITIONS ENVIRONMENT |
| Language: | eng |
| Abstract: | This article is based on an empirical investigation (including interviews and a survey) into the new working conditions of managers in an age of 'shareholder value'. It identifies the new sources of pressure: new technologies, global markets full of competitors, investor requirements leading to tough financial targets, more demanding customers, and non-stop M&As. Although their views on investors were split, managers felt no aggression towards them. But they all admitted to worsening working conditions: greater overtime and travel, the need to be always available, and more focus on the bottom line. They believed there was some compensation from greater responsibility in team-based structures and incentive salaries. They also recognized that stress can be self- imposed. |
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