Performing under pressure : managers embracing new realities
By: LOCHMANN, Hands-Dieter
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Contributor(s): STEGER, Ulrich.
Material type: 
ArticlePublisher: 2002Subject(s): Managerial Stress | Pressure Working Conditions | Working EnvironmentEuropean Management Journal 20, 4, p. 341-355Abstract: This article is based on an empirical investigation (including interviews and a survey) into the new working conditions of managers in an age of `share-holder value'. It identifies the new sources of pressure: new technologies, global markets full of competitors, investor requirements leading to tough financial targets, more demanding customers, and non-stop M&As. Although their views on investors were split, managers felt no aggression towards them. But they all admitted to worsening working conditions: greater overtime and travel, the need to be always available, and more focus on the bottom line. They believed there was some compensation from greater responsibility in team-based structures and incentive salaries. They also recognized that stress can be self-imposed; The interesting question is: how long can such compensatory factors last?
| Item type | Current location | Collection | Call number | Status | Date due | Barcode |
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| Periódico | Biblioteca Graciliano Ramos | Periódico | Not for loan |
This article is based on an empirical investigation (including interviews and a survey) into the new working conditions of managers in an age of `share-holder value'. It identifies the new sources of pressure: new technologies, global markets full of competitors, investor requirements leading to tough financial targets, more demanding customers, and non-stop M&As. Although their views on investors were split, managers felt no aggression towards them. But they all admitted to worsening working conditions: greater overtime and travel, the need to be always available, and more focus on the bottom line. They believed there was some compensation from greater responsibility in team-based structures and incentive salaries. They also recognized that stress can be self-imposed; The interesting question is: how long can such compensatory factors last?
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