Management Monday: tips for hierarchical higher-ups

Private sector companies are owned privately and are affected by the changes that owners want to see in its operation. Shares in these companies are traded and inherited, while government can and will seek funds from the public in its effort to finance public sector companies. This is a direct competition to the private sector's demands on investor capital. Funds invested in government paper has a guarantee that private companies cannot compete with; thus financing for private companies carries more risk, as private sector interest rates must be made out to be more appealing than the guaranteed government rates. 


Different Strokes for Different Folks:


Managers for private sector companies usually spend more time than at public run companies with political appointees who can be replaced with each change in the political landscape. Unsure that continuity and succession plans are in place regardless of the type of company- even more-so for those susceptible to political changes. Remember, regardless of the type of company, it is the manager's job to manage for change- at all levels.