Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: m The Commercial Secretary The work of the commercial organization is scientific development, therefore to have ultimate success systematic, business principles must be used. Also, the commercial secretary, or the executive officer, no matter what his title may be, should be a man thoroughly grounded in the fundamental principles of economics which underly all business structure. He should be surrounded with every assistance if he is to show ability. Too many secretaries are handicapped with a lack of authority, a fault of the organization. No matter what sort of a proposition is presented to him, he can take no action but must refer the matter to the board of directors or to some committee. No matter how good an idea he may have for some special development work, no matter how much time he has spent in the preparation of a campaign to secure such development, he is powerless to act. He must submit the matter to others before he can go ahead. Many a good campaign has been spoiled by a bad case of indigestion on the part of those to whom the proposition is submitted. To avoid such disastrous conditions, many cities have adopted the plan of making the secretary, the manager and arming him with authority to act for the association with the Board of Directors as a check against mismanagement. This method is the application of one of the first principles in the business management of a corporation. Too much emphasis cannot be placed upon this important point. If the executive officer of the commercial organization is given power to do his work, he can then accomplish much greater results in development work than he can otherwise. He may make his mistakes, but he is human and he is no more liable to make those mistakes than are his directors. If he is an individual incapa...
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