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Summary: Upper Echelons of Society
1. Top-level manager (TLM) act on personal bias.
2. The congregation of top management teams TMT paints a clearer picture
compared to individual top-level manager (TLM).
3. Data is difficult to obtain, though demographic data is substantial.
4. Intra-industry driven companies follow standards more so than
extra-industry driven companies.
5. Output-oriented job roles (Less tangible KPIs) have better prospects as
TMTs compared to throughput-oriented job roles (Function based KPIs)
6. Formal education of TLM results in innovation in companies.
