Prevailing business and economic environment

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CEO of a major bank in India has this to say: ' I know that reorganization, as a part of the strategic exercise, leading to voluntary retirement schemes is imperative in the prevailing business and economic environment. But I wonder what will happen to our bank if most of our best managers choose to opt for the VRS and leave for greener pastures.' Analyze the statement and bring out the dilemma inherent in the situation. What should be done to resolve the dilemma?

Reference no: EM132933122

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