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.
Management practices that work
Posted by Becky under ManagementFrom http://www.mckinseyquarterly.com 6270 days ago
Made Hot by: on September 19, 2007 11:46 pm
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