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Good management: US cos retain global crown, Indian firms poorly run

23 January 2014

New York: When it comes to good management the US is on the top of the world followed by Germany, Japan, Sweden and Canada, while China's tail of poorly run firms is shorter than India's, says a study by Stanford University professor Nicholas Bloom and John Van Reenen of the London School of Economics.

Bloom and Van Reenen have focused on three boilerplate management techniques - setting targets, rewarding performance and measuring results - and weighed the performance of over 10,000 firms in 20 countries against these three metrics. The Economist reported that 150 researchers have been employed to ''guarantee the robustness'' of the ongoing study's results.


This article was published online on FirstPost.Business on January 23, 2014
Link to article here

Related publications
'Management Practices Across Firms and Countries', Nicholas Bloom, Christos Genakos, Raffaella Sadun and John Van Reenen, Centre for Economic Performance Discussion Paper No.1109, December 2011
'Why Do Management Practices Differ Across Firms and Countries?', Nicholas Bloom and John Van Reenen, Centre for Economic Performance Occasional Paper No.26, August 2010

Related links
Nicholas Bloom webpage
John Van Reenen webpage
Productivity and Innovation Programme webpage
Management research webpage

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