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How would you identify the good ( successful ) managers apart from the bad ( ineffective or inefficient ) managers? Would you expect a correlation

How would you identify the "good" (successful) managers apart from the "bad" (ineffective or inefficient) managers? Would you expect a correlation between their performance and that of the company? Is it possible to identify weak managers even when the company is operating at a profit? Should all managers be measured against the same performance measurements? Why or why not? What measurements would you use? Consider yourself the CEO and President of a large corporation with 70 managers in your corporate structure at different levels. Either directly or indirectly all of these managers report to you.

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