Managerial work belongs to activities, which due to their complexity and specific nature, do not lend themselves easily for studies and assessment. At the same time the social consequences of unsuccessful work of the managerial ataff are so enormous that it should be studied carefully and attempts should be made at fincing solutions for a number of problems connected with it. Awareness of complexity of conditions in which directors work imposes a requirement of attributing big importance to preparation of studies, their careful performance, and cautious conclusions and estimates. Since work of directors is so changeable and so difficult to predict its organization is possible to a limited extent only. If we want to avoid critiqu...