8 items that should not be decentralized suggested by Staiger

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8 items that should not be decentralized suggested by Staiger

According to Staiger the following items should not be decentralized:

i. The responsibility for deciding the business objectives

ii. The responsibility for formulation of overall business policy

iii. The final responsibility for the control of business in the context of total business objectives and policies.

iv. The responsibility for product design and product quality.

v. The responsibility for overall planning and providing for comparing actual performance with the planned targets.

vi. The final approval of financial plans and budgets of the business.

vii. The decisions relating to modes of raising capital and the manner of application or usage of such funds.

viii. The responsibility for deciding various capital projects which involve large-scale and long-term commitment of the company resources.


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