Posted on 14/07/07
What's more important: The business or its manager?
Historians debate whether historical trends create leaders, or whether leaders create history. Similarly, some investors say a business's growth trend is more important than management, while others insist that good management can make any business grow. Why should you care about such a debate? Because the answer could show you where to focus your research: on the business or on management. So which is more important?
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