How Much Does Management Matter to Productivity?
More than you might realize. Research finds management practices account for 20% of variation in productivity among certain firms.
Content: Article | Authors: Katia Savchuk, Nicholas Bloom | Source: Stanford University | Subject: Best Practices
Research: Better-Managed Companies Pay Employees More Equally
Companies that implement more structured management practices pay their employees more equally. We found that companies that reported more structured management practices according to the Management and Organizational Practices Survey (MOPS) paid their employees more equally, as measured by the difference between pay for workers at the 90th (top) and 10th (bottom) percentiles within each firm.
Content: Article | Authors: Cristina Tello-Trillo, Melanie Wallskog, Nicholas Bloom, Scott Ohlmacher | Source: Harvard Business Review | Subjects: Compensation, Human Resources