How Much Does Management Matter? | tutor2u Economics

Productivity varies greatly across countries and traditionally, economic theory has looked at the importance of variations in the quantity and quality of factor inputs such as land, labour and cost in explaining productivity gaps. The quality of management is a "soft input" into production and this short video looks at how basic managerial approaches such as delegation and setting of targets impacts on productive efficiency. Local information used judiciously by senior and middle managers can have a big positive effect for decentralised firms not least because it frees up time for CEOs to think strategically.

How Much Does Management Matter?

Raffaella Sadun (Harvard Business School) explains her research on management and the key differences between being a micro-manager and being a coordinator.

Subscribe to email updates from the tutor2u Economics

Join 1000s of fellow Economics teachers and students all getting the tutor2u Economics team's latest resources and support delivered fresh in their inbox every morning.

You can also follow @tutor2uEconomics on Twitter, subscribe to our YouTube channel, or join our popular Facebook Groups.

Job board

Examiner - GCE & GCSE Drama

Pearson, Various locations

Related Collections

Recruitment

Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u

A New Home for tutor2u Resources

We've just flicked the switch on moving all our digital resources to instant digital download - via our new subject stores.

For every subject you can now access each digital resource as soon as it is ordered. This will always be the latest edition of each resource too (and we'll update you automatically if there is an upgraded version to use).

Simply add the required resources to your cart, checkout using the usual options and your resources will be available to access immediately via your mytutor2u account.