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On the Chronic Management Deficiency Syndrome


  • Kamen Kamenov


The management process is not aimless. It is directed towards the object of management for the achievement of certain goals. Various reasons are possible as well as the influence of various factors leading to deviation from the set goals. Thus, they can be achieved or only partially fulfilled and even if their achievement is ensured it has to be at the expense of the accelerated exhaustion of resource potential. The possible deviations from the goals are always accompanied by specific problems. Generally they can be defined as problems that emerge ad hoc and are active for a short period and problems that act for a longer periods of time. The latter are related to the chronic management deficiency (CMD). However, this does not mean that the former could not be transformed into long-term if not resolved in time and completely.

Suggested Citation

  • Kamen Kamenov, 2008. "On the Chronic Management Deficiency Syndrome," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 47-63.
  • Handle: RePEc:bas:econth:y:2008:i:7:p:47-63

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    Cited by:

    1. Edward M. Shepard & Paul R. Blackely, 2010. "Economics of Crime and Drugs: Prohibition and Public Policies for Illicit Drug Control," Chapters,in: Handbook on the Economics of Crime, chapter 10 Edward Elgar Publishing.

    More about this item

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation


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