Good management matters. If you’re reading this you probably don’t need convincing, but one of the most significant milestones in economic research over the last several years was documenting empirically that it really is true. A new paper builds on this work and takes it one step further. Its main finding is that the difference between well-managed and poorly managed firms depends in large part on the quality of the people they hire as managers.
"Proof that Good Managers Really Do Make a Difference" is from hbr.org, published on April 11, 2016.