Abstract:

CentrePiece article
In brief...The value of good management
Nicholas Bloom and John Van Reenen
July 2017
Paper No' CEPCP504:
Full Paper

Management quality varies widely, even within a single firm, according to analysis of data collected from over 35,000 manufacturing plants in the United States. In their latest examination of the relationship between management practices and firms' performance, John Van Reenen and colleagues find that better management depends on competition, skills and learning from the leading firms.

This article summarises ‘What Drives Differences in Management?’ by Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen, CEP Discussion Paper No. 1470