Management Practices and the Wealth of Nations

The talk will provide an overview of the World Management Survey work (see www.worldmanagementsurvey.com), which examines management practices in almost 40 countries, including Singapore. This is a 15 year running by a joint team from Harvard, LSE, McKinsey, MIT, Stanford and the World Bank. The discussion will cover three topics. First, how to measure and evaluate management practices across firms and countries. Second, how these variations in management practices shape firm and national performance. Finally, what factors and policies - like competition, education, regulations and trade – influence management practices.