Management Half-Truth and Nonsense: How to Practice Evidence-Based Management Harvard Case Solution & Analysis

The search for understanding information and research is an obsession in the capital markets. There is a real industry analysts, investment bankers, portfolio managers and investors seeking any information advantage, which is one reason that the scientists who study the finances have been recruited to work on Wall Street and the money managers. However, the potential reward for hard evidence is even greater when it comes to the management of organizations. At the same time, however, the simulation is much slower and less efficient in the world of management, in particular, because such a practice depends on tacit knowledge and sales skills, knowledge of not only what to do but how to do it. In addition, management practices and logic resist copying because authorities precedent and ideology. Most managers are actually trying to act on the best evidence. They follow the business press, buy business books, hiring consultants, and participate in workshops with business experts. Although sometimes the company to benefit from these efforts, there is surprisingly little rigorous application or serious evaluation of evidence-based management. Examines these obstacles and propose guidelines allow executives practice of evidence-based management better. "Hide
by Jeffrey Pfeffer, Robert I. Sutton Source: California Management Review 26 pages. Publication Date: 01 May 2006. Prod. #: CMR340-PDF-ENG

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