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Using the management and operational practices survey in the Russian Federation, this paper finds that an average … Russian manufacturing firm adopts 43 percent of the structured management practices (a score of 0.43), a value that is far …, where a large share of firms adopt few structured management practices and only 3.5 percent of them have a score over 0 …
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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 about a fifth of the spread of productivity, a similar fraction as …
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It is not possible for a formal employment contract to detail everything an employee should do and when. Informal relationships, in particular trust, allow managers to arrange a business in a more productive way; high-trust firms are both more profitable and faster growing. For example, if they...
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