TradeBriefs Editorial

From the Editor's Desk

Why Do We Undervalue Competent Management?

Neither great leadership nor brilliant strategy matters without operational excellence.

Business schools teach MBA students that you can't compete on the basis of management processes because they're easily copied. Operational effectiveness is table stakes in the competitive universe, according to the strategists. But data from a decade-long research project involving 12,000 firms challenges that thinking.

The study examined how well companies performed 18 core management practices. It found vast differences in how they execute basic tasks like setting targets, running operations, and grooming talent, and that those differences matter: Firms with strong managerial processes do significantly better on high-level metrics such as profitability, growth, and productivity. What's more, the differences in process quality persist over time, suggesting that competent management is not easy to imitate.

In this article the authors review the findings of the research and explore what prevents executives from investing in management capabilities, arguing that such investments are a powerful way to become more competitive.

Continued here


TradeBriefs: Newsletters for Decision-Makers!
Management Learning, Tech, Finance, Health, Science, World News - Everything you need to get ahead at Work and in Life!


Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.

Want the newsletters, without the promotional mailers?
Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month.

You are here: Home Opinion Why Do We Undervalue Competent Management?