Good data underlies the ability of managers to improve operations, innovators to devise better solutions, and funders to reward superior performance, and good data is hard to come by in the nonprofit sphere.
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Nor, Mr Sinquefield says, was it the investment ability of the managers.
As the practices of the regulatory agencies have become lax and predictable, the ability of money managers, including mutual fund managers, to manipulate information regarding their operations and performance has grown.
With such a large focus dedicated to maintenance, training and administration, the ability of IT managers to find the time and resources to invest in innovation, even process improvement initiatives will be hampered, if not completely derailed.
The parliament's chief executive, Paul Grice, rejected a number of the critical conclusions in the report, including those on cost management, responsibility for programming, the process of reporting cost increases to MSPs and the ability of project managers to cap consultants' fees.
They give the ability of hedge fund managers and others who enjoy the benefit of paying tax on their income through the carried interest rule that allows them to pay a much lower percentage of tax on their income than, say, most average Americans.
But Iain Jenkins at EuroHedge, a trade publication, is highly sceptical about the ability of hedge-fund managers to lure institutions into the market.
Moreover, I believe you will need a CFO of equal ability and skilled managers to run the various organizations inside the company.
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UBS's Mr. Featherston recently screened 40 candidates for traits including the size of idle energy deposits, the ability to exploit those deposits and pay packages for managers in the event of takeovers.
However, a key skill of managers is actually the ability to talk less and listen more.
They added that the plan to make Mr Glasenberg the chief executive of the merged business put at risk the ability to retain other senior managers who, in the original deal, were to become directors of the new company.
Given the fat fees in this business and the lack of regulation that gives managers the ability to inflate performance numbers, it is not surprising that many mutual fund operators with mediocre performance in traditional asset classes are getting in the act.
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Well, one of the big ones -- one of the big ones is the ability for hedge fund managers and others to pay tax on their income at a capital gains rate.
The lawsuit added that because Cornwell suffered from bipolar disorder - a condition she says her business managers were aware of - the author's "ability to write is dependent upon the ability to avoid distractions".
That means that almost nine out of every 10 mid-level managers lack confidence in their own ability to fulfill their job responsibilities!
"Postal workers at the site are complaining of alleged intimidation and bullying from managers who appear to have lost the ability to make rational decisions, " he said.
Flexibility not currently afforded to managers -- especially with respect to expedited hiring of needed personnel, the ability to reward outstanding service and greater latitude to reassign or terminate non-performers -- will enable the Pentagon's civilians to keep pace with, and support, the transformation of the capabilities of their military counterparts.
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