Management in America
January 2013
Working Paper Number:
CES-13-01
Abstract
The Census Bureau recently conducted a survey of management practices in over 30,000 plants across the US, the first large-scale survey of management in America. Analyzing these data reveals several striking results. First, more structured management practices are tightly linked to better performance: establishments adopting more structured practices for performance monitoring, target setting and incentives enjoy greater productivity and profitability, higher rates of innovation and faster employment growth. Second, there is a substantial dispersion of management practices across the establishments. We find that 18% of establishments have adopted at least 75% of these more structured management practices, while 27% of establishments adopted less than 50% of these. Third, more structured management practices are more likely to be found in establishments that export, who are larger (or are part of bigger firms), and have more educated employees. Establishments in the South and Midwest have more structured practices on average than those in the Northeast and West. Finally, we find adoption of structured management practices has increased between 2005 and 2010 for surviving establishments, particularly for those practices involving data collection and analysis.
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:
profitability,
production,
productive,
enterprise,
report,
sale,
manager,
employee,
organizational,
corporate,
managerial,
efficiency,
productivity analysis,
accounting,
establishment,
rates productivity,
management,
workplace,
performance
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including "organizations." By filtering for frequent words and phrases labeled as "organizations", papers are
identified to contain references to specific institutions, datasets, and other organizations.
:
Census of Manufactures,
Annual Survey of Manufactures,
Bureau of Labor Statistics,
National Science Foundation,
Ordinary Least Squares,
Total Factor Productivity,
National Bureau of Economic Research,
Bureau of Economic Analysis,
Review of Economics and Statistics,
Quarterly Journal of Economics,
American Economic Review,
University of Chicago,
Princeton University Press,
Longitudinal Business Database,
World Bank,
Michigan Institute for Teaching and Research in Economics,
Survey of Industrial Research and Development,
Journal of Economic Literature,
Economic Census,
North American Industry Classification System,
Information and Communication Technology Survey,
Business Research and Development and Innovation Survey,
Management and Organizational Practices Survey
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