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Management development in the Banking industry has to be seen in the context of particular problems of scale and distribution. In industry generally there are not many individual companies which employ within the UK alone a staff of something like 75,000 spread over 3,000 individual sites, each of which has some form of independent management. These sites range from isolated three or four‐man country offices up to major commercial branches, which may have a management team alone of up to 25 — with the senior Manager carrying very considerable discretionary powers so far as lending and business development are concerned.

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