simardcasanova’s avatarsimardcasanova’s Twitter Archive—№ 17,044

      1. Bad management practices are all over the place. We all have dozens of anecdotes in mind. Two economists measured those practices. They basically found that yes, bad management practices are indeed all over the place. scasa.co/101162qjec200712241351
        oh my god twitter doesn’t include alt text from images in their API
        Permalink simardcasanova’s avatar ❤️ 2 Favorites Mood -5 🙁
    1. …in reply to @simardcasanova
      They are especially bad in firms where: - CEOs are the eldest children of the owners (primogeniture) - market competition is low
      Permalink simardcasanova’s avatar Mood -3 🙁
  1. …in reply to @simardcasanova
    Both make sense: - there is no reason the eldest children are more competent at management than anyone else - low market competition means that unproductive firms can survive, and bad management is correlated with lower productivity and profitability
    simardcasanova’s avatar Mood -2 🙁
    1. …in reply to @simardcasanova
      But overall, there is a long tail of badly management firms. Those anecdotes you might have are actually rooted in some actual truth!
      Permalink simardcasanova’s avatar Mood -3 🙁