Management control

Savings, savings, savings. On paper, on salaries, on pencils, on integration trips, on bonuses, on service, on telephones. Enough! Bosses – start with yourselves! You have plenty to cut back on!Emil GóreckiMost company directors are not exactly willing to talk about the fact that they are making less money than they used to. “So you think that we are going to boast about the fact that we make less money and drive cheaper cars? Fat chance! It would send a bad signal to everyone!” Only one of the directors managing the properties of one of the most important investment funds operating in Poland agreed to talk about how much its management has lost out. Nevertheless, he wishes to remain anonymous. “During a crisis you cut the things that are most visible, such as the costs generated by the management board. We have cancelled subscriptions to some newspapers, we are not attending the less important conferences and we have cut down on some advertising. We use cheape