Popular posts this week
- The future of EU international investment policy – What clues to take from NAFTA 2.0?
- US and Chinese tech firms increasingly play a game of Pac-Man
- The Supreme Court’s ‘fair share’ case is an existential threat to public sector unions. But it may force them to engage and embrace choice.
- State policymakers tend to look for lessons from their neighbors and other innovative states.
Firms with more structured management practices are more productive, innovative and have faster employment growth.
Firms with more structured management practices are more productive, innovative and have faster employment growth.
In 2010, the US Census Bureau conducted the first large-scale survey of management practices in America, gathering data on more than 30,000 manufacturing plants. Nicholas Bloom and colleagues find strong links between establishments’ performance and the quality of their systems of monitoring, targets and incentives.
Business schools have long stressed the importance of good management, but until recently economists have […]