1-How do we evaluate the success of business executives and presidents? 2- any formulas?

Question

Question

1-How do we evaluate the success of business executives and presidents?

2- any formulas?

Answer 1

Answer #1

1) The way to evaluate the success of business executives and presidents are:

Growth in company's turnover in past years in comparison to industry growth
Growth in company's profitability in compared to historical data
Expansion = New geographies added to company's business
Diversification = Number of new products or services introduced in past years
Attrition rate of the company = It gives an idea of how is the people management

2) There is no specific formula to measure the success. Above mentioned are some of the parameter which can be used to evaluate the performance.

Answer 2

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