In brief: Management in America

Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John van Reenen

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: There are strong links between the performance of US manufacturing plants and the quality of their systems of monitoring, targets and incentives, according to research by Professor Nicholas Bloom and colleagues. Their analysis of data on more than 30,000 establishments, gathered in the first large-scale survey of management practices in America, finds that effective performance monitoring, targets and incentives are strongly linked to more intensive use of IT. The study also finds that there is huge variation in management in America: for example, establishments in America's South and Midwest have more structured management practices on average than those in the Northeast and West. Higher management scores have a strong relationship with improved productivity and profits.

Keywords: IT; management; productivity; organization (search for similar items in EconPapers)
JEL-codes: M1 (search for similar items in EconPapers)
Date: 2014-05
New Economics Papers: this item is included in nep-eff and nep-hrm
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:423

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