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Management Weaves Gold into the Bottom Line

发布时间 2011-01-18 02:55:35    来源

摘要

Related Article from Stanford Business magazine: http://goo.gl/J2mfc A new Stanford--World Bank field experiment in Indian textile plants finds the most compelling evidence to date that management matters. Some of Stanford U. Prof. Nick Bloom's and business school Prof. John Roberts' peers in economics believe that bad management practices can't exist in competitive industries, except in the short run. For example, in their view, companies in developing countries may not be adopting quality control systems that are common in countries with higher wages because wages are so low that repairing defects is cheap. Hence, their management practices are not "bad," but the optimal response to low wages.

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