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Great paper. Reminds me of this recent RCT by Cai and Szeidl where structured networking among leaders led to 8.1% higher revenue in treated firms https://academic.oup.com/qje/article/133/3/1229/4768295 …pic.twitter.com/F31wCL0cJa
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Impressive study Boils down to tech alone is not the solution. Human inputs make the difference.
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Thanks. Yes, saw this.
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Abstract: This paper examines the long-run causal effects of management on firm performance. Under the Productivity Program (1952-1958), the US organized management-training trips for Italian managers to U .S. firms and granted technologically
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advanced machines to Italian companies. I exploit an unexpected budget cut that reduced the number of participating firms and find that, compared to businesses excluded by the budget cut: performance of Italian firms that sent their managers to the
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Also related ... Andy Grove's High Output Management (which I'm sure you know)https://www.amazon.com/dp/B015VACHOK/
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Grove's great insight was applying manufacturing principles to management. A classic SV management book, and for good reason ...
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Have you read Ray Dalio's http://principles.com ? He may not have it all right, but he's been trying more than most.
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