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Management practices, on average (there are always exceptions) tend to be much better in the developed world. Here's some research from Harvard Business School
by dworin 13y ago
Management practices, on average (there are always exceptions) tend to be much better in the developed world. Here's some research from Harvard Business School that looks at it more quantitatively: http://www.hbs.edu/faculty/Publication%20Files/12-052.pdf http://www.hbs.edu/faculty/Publication%20Files/12-052.pdf Here's another one, although it's less academic and more consultanty: http://www.stanford.edu/~nbloom/ManagementReport.pdf http://www.stanford.edu/~nbloom/ManagementReport.pdf
Improved management is actually one of the reasons that developing countries are able to achieve such remarkable productivity gains. Here's a study that actually used Randomized Controlled Trials to show the effects of improved management practices in India: http://www.stanford.edu/~nbloom/DMM.pdf http://www.stanford.edu/~nbloom/DMM.pdf
The TL/DR on that last one is that a small amount of management consulting led to pretty big productivity improvements.