Management practices that work

Avatar Posted by Becky under Management
From http://www.mckinseyquarterly.com 6270 days ago
Made Hot by: on September 19, 2007 11:46 pm
What makes companies perform well? To find this holy grail of management studies, a McKinsey team analyzed upward of 100,000 questionnaires to uncover the practices of 400 business units in 230 companies around the world. The team eventually arrived at one winning combination: clear roles for employees (accountability), a compelling vision of change (direction), and an environment that encourages openness, trust, and challenge (culture). Nothing else came close in improving organizational performance.





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