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Management practices, workforce selection, and productivity

Bender, Stefan; Bloom, Nicholas; Card, David E.; Van … - 2016

Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of advanced management practices. Many of these practices - including monitoring, goal setting, and the use of incentives - are mediated through employee decision-making and...

Persistent link: https://www.econbiz.de/10011458600

Management as a Technology?

Bloom, Nicholas - 2016

Are some management practices akin to a technology that can explain company and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We find large cross-country differences in the...

Persistent link: https://www.econbiz.de/10012988568

Measuring and Explaining Management Practices Across Firms and Countries

Bloom, Nicholas - 2014

We use an innovative survey tool to collect management practice data from 732 medium sized manufacturing firms in the US, France, Germany and the UK. These measures of managerial practice are strongly associated with firm-level productivity, profitability, Tobin's Q, sales growth and survival...

Persistent link: https://www.econbiz.de/10012709678

World Management Survey at 18: lessons and the way forward

Scur, Daniela; Sadun, Raffaella; Van Reenen, John; … - 2021

Understanding how differences in management "best practices" affect organizational outcomes has been a focus of both theoretical and empirical work in the fields of management, sociology, economics and public policy. The World Management Survey (WMS) project was born almost two decades ago with...

Persistent link: https://www.econbiz.de/10012435638

What Drives Differences in Management?

Bloom, Nicholas - 2017

Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts for...

Persistent link: https://www.econbiz.de/10012957488

Firm-Level Planning Frequencies and Forecast Horizons

Altig, David; Barrero, Jose; Bloom, Nicholas; Davis, … - 2022

We elicit new information about planning frequencies and forecast horizons from a survey of 500 US firms conducted in August 2018 and again in April-May 2021. Most firms update capital investment plans yearly, while updating plans for employment, prices and sales at monthly or quarterly...

Persistent link: https://www.econbiz.de/10013300116

Investment and subjective uncertainty

Bloom, Nicholas; Davis, Steven J.; Foster, Lucia; … - 2022

A longstanding challenge in evaluating the impact of uncertainty on investment is obtaining measures of managers' subjective uncertainty. We address this challenge by using a detailed new survey measure of subjective uncertainty collected by the U.S. Census Bureau for approximately 25,000...

Persistent link: https://www.econbiz.de/10013453943

Does Management Matter in Schools?

Bloom, Nicholas - 2014

We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with better educational outcomes. The UK, Sweden, Canada and the US obtain the...

Persistent link: https://www.econbiz.de/10013043700

Fluctuations in uncertainty

Bloom, Nicholas - 2014

Persistent link: https://www.econbiz.de/10010475525

Competition and innovation: An inverted u relationship

Aghion, Philippe; Bloom, Nicholas; Blundell, Richard; … - 2002

This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian …, competition may also reduce innovation incentives for laggards. This model generates four main predictions which we test … empirically. First, the relationship between product market competition (PMC) and innovation is an inverted U-shape: the escape …

Persistent link: https://www.econbiz.de/10010292944