According to the article, management works and effective management for that matter. Managers who set targets for their worker, provide them with incentives to motivate them and improve their performance as well as rigorously analyze the performance data and take appropriate actions. The researchers intervened in some of the poorly performing manufacturing companies and found that good management practices actually improves the performance and overall productivity of the firm. The authors believe the same can also be applied to the public companies. Incentives are an effective way of motivating employees and encouraging them to work harder and smarter. From the study, the researchers found that the schools and hospitals were among the poorly managed institutions and the performance were lower than expected. The author mentioned that labor unions had exacerbated the whole situation.
Managers are aware of the benefits that effective leadership can have on the overall performance of an organization. However, awareness is only the beginning of the and managers need to take appropriate steps of motivating their employees by rewarding them for their hard work and develop performance metric that will be consistently monitored to ensure that the company is on the right track to achieving its goals. Managers who are keen to ferret out the needs of their employees and what motivates then they will be on the right path to success since it is the human resource that oversees operations and uses other resources in the organization for production (Bloom, Sadun, and Reenen). Having a clear set out objectives will help the workers maintain focus and avoid conflict of interest in the workplace. If possible, the management should print out the quarterly goals and targets and pin them on the notice board.
Work Cited
Bloom, Nicholas, Sadun, Raffaella and Reenen, John. Does Management Really Work? Nov. 2012. Web. 18 Feb. 2016.