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Management Matters Most for Corporate Performance

Idea posted: July 2019
  • Leadership & Change

The largest survey ever conducted of management practices in U.S. firms confirms that structured performance-oriented management practices and techniques are vital to corporate performance — and that the extent to which firms integrate these management practices and techniques varies widely.

Idea #744
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Grand Parade (mosaic) Fernand Léger, 1958, National Gallery of Victoria

Meritocracy at Work: Well-Intention Systems Can Cause the Reverse

Idea posted: August 2016
  • Leadership & Change
  • Learning & Behaviour

If managers believe, because of formal performance evaluation and compensation systems, that their organization is meritocratic, they are ironically more likely to engage in less meritocratic behaviour. Researcher Emilio J. Castilla of MIT’s Sloan School of management calls this “the paradox of meritocracy.”

Idea #620
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Black Eyed Peas during Walmart Shareholders' Meeting 2011 (Source: Wikimedia Commons)

Diversity in Teams: Tasks, Not Relationships Drive Performance

Idea posted: February 2014
  • Leadership & Change

Diversity is a catalyst to creativity and better decision-making, but is considered to have a downside in terms of relationships: there is less of a ‘bond’ or a connection among members of a diverse team. Researchers now claim that this supposed downside is actually the central mechanism that improves the performance of diverse teams; focusing less time on the relationship, team members — especially in pre-meeting preparation — focus more on the task at hand. 

Idea #322
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