Division Management: In Charge or at Sea?
Issue 4, 1992

We have seen much evidence that the extensive delayering of organizations in recent years has left both CEOs and division managers in many companies confused about their roles. The CEO of an engineering conglomerate told us proudly that he had taken 15 to 20 staff out of each division office. Later the same day, one of his division managers asked us: "If the CEO deals with strategy and the chief financial officer with budgets, what should I do?"