Bloom, Nicholas; Eifert, Benn; Mahajan, Aprajit; … - Centre for Economic Performance, LSE - 2011
plants. We find that adopting these management practices had three main effects. First, it raised average productivity by 11 …% through improved quality and efficiency and reduced inventory. Second, it increased decentralization of decision making, as … better information flow enabled owners to delegate more decisions to middle managers. Third, it increased the use of …