Loose–tight principle
Revision as of 10:25, 11 July 2020 by EshwaN (talk | contribs) (Created page with "Loose–tight principle is the concept of the need for tight central control by headquarters, while allowing individuals or operating subsidiaries loose autonomy and initi...")
Loose–tight principle is the concept of the need for tight central control by headquarters, while allowing individuals or operating subsidiaries loose autonomy and initiative within defined managerial limits.
Definitions
According to the Corporate Strategy by Lynch (4th edition),
- Loose–tight principle. The concept of the need for tight central control by headquarters, while allowing individuals or operating subsidiaries loose autonomy and initiative within defined managerial limits.
