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Related Experiment Video

Updated: May 16, 2026

Mindfulness in Motion (MIM): An Onsite Mindfulness Based Intervention (MBI) for Chronically High Stress Work Environments to Increase Resiliency and Work Engagement

Mindfulness in Motion (MIM): An Onsite Mindfulness Based Intervention (MBI) for Chronically High Stress Work Environments to Increase Resiliency and Work Engagement

Published on: July 1, 2015

Does management really work?

Nicholas Bloom¹, Raffaella Sadun, John Van Reenen

¹Stanford University, USA.

Harvard Business Review

|November 20, 2012

Summary

This summary is machine-generated.

Implementing fundamental management practices like targets, incentives, and monitoring significantly boosts organizational success and national economic performance. This study highlights the broad impact of effective management across industries and countries.

Related Experiment Videos

Last Updated: May 16, 2026

Mindfulness in Motion (MIM): An Onsite Mindfulness Based Intervention (MBI) for Chronically High Stress Work Environments to Increase Resiliency and Work Engagement

Mindfulness in Motion (MIM): An Onsite Mindfulness Based Intervention (MBI) for Chronically High Stress Work Environments to Increase Resiliency and Work Engagement

Published on: July 1, 2015

Area of Science:

Organizational Economics
Management Science
Business Strategy

Background:

The efficacy of adopting fundamental management practices for organizational success remains a key question.
A decade-long study investigated the adherence to basic management principles across diverse organizations globally.

Purpose of the Study:

To assess the impact of implementing core management practices (targets, incentives, monitoring) on organizational outcomes.
To determine the relationship between firm-level management practices and national economic performance.

Main Methods:

A decadelong study involving thousands of organizations across 20 countries.
Assessment of adherence to targets, incentives, and monitoring in manufacturing, schools, and hospitals.
Intervention study in Indian textile manufacturers demonstrating impact of management consulting.

Main Results:

Many organizations exhibit poor adherence to fundamental management practices.
Implementation of basic management significantly improves productivity and longevity.
Management interventions in Indian textile firms led to reduced defects, inventory, and increased output.
Good management practices at the firm level positively influence national economic performance.

Conclusions:

Adopting fundamental management practices is crucial for organizational success and has substantial macroeconomic benefits.
While implementation may vary across sectors, good management ultimately drives improvements in productivity and service delivery.
The study underscores the radical potential of promoting "better management" for global economic development.