Managers should make decisions that lead to overall portfolio success, even if they conflict with the best interests of a specific portfolio project.

管理层应当做能够导致全局组合成功的决策，即便这些决策可能与某个具体组合项目的最佳利益冲突。

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One potential conflict, says Andrew Speirs of Hawkpoint, a firm that advises on corporate finance, is between distressed-debt managers and the original debt holders.

鹰点公司（Hawkpoint）是一家从事公司财务问题咨询的企业，其职员安德鲁•斯皮尔斯（Andrew Speirs）说，廉价债务（distressed-debt）经理和原始债务拥有者之间存在一种潜在冲突。

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Mayo believed that conflict between managers and workers was inevitable as long as workers were ruled by “the logic of sentiment” and managers by the “logic of cost and efficiency”.

梅奥也认为，只要工人是为“情感逻辑”所支配而管理者是为“成本及效率逻辑”所支配，那么二者之间的冲突仍是难以避免。

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When family firms are run by descendant-CEOs, minority shareholders in those firms are worse off than they would be in nonfamily firms in which they would be exposed to the classic agency conflict with managers.

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Instead of conflict between politicians and managers, there is a clear division of responsibility.

ECONOMIST: Face value

Lisa has authored a set of video tutorials and courses available online at lynda.com, including Negotiation Fundamentals, Resolving Conflict, and Employee Development Coaching for Managers (upcoming).

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