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Global Finance Online:
Global Finance Magazine - Can Boosting Business Productivity Unleash New Gains?

11 March 2016

According to studies conducted by John Van Reenen, director at the Centre for Economic Performance at the London School of Economics and Political Science, differences in productivity between other countries and the US can be explained, on average, by a better quality of management. ''I grew up in Britain in the 1970s, and there was British Leyland, a state-run company with terrible management practices,'' says Van Reenen. ''In the 1980s, Japanese companies came in setting up new car factories in Britain, famously Nissan in Sunderland, and people did not believe at the time they could have done something different. But they did, bringing a different management style.''

This article was published by Global Finance Online on March 11, 2016
Link to article here

Related Publications
'The New Empirical Economics of Management', Nicholas Bloom, Renata Lemos, Raffaella Sadun, Daniela Scur and John Van Reenen, Centre for Economic Performance Occasional Paper No.41, April 2014

Related Links
Nick Bloom webpage
Renata Lemos webpage
Raffaella Sadun webpage
Daniela Scur webpage
John Van Reenen webpage
Growth Programme webpage
Management Practices and Organisational Structure research webpage

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