Evidence Based Management
Ranked #11,744 in Books, Poetry & Writing, #421,050 overall
The future of business management
Evidence Based Management is the future of business management. Try and do what fits the context. Not what is preached by past masters of management or buried in best sellers written post-facto. Practice management by trial and error. Try out your things and see how things work out. Do it quick enough to correct your errors before it is too late. This is the governing principle. If it can work for medicine. It can work for businesses too.
In other words don't follow the crowd.
This is, of course, not my original contribution. This is a summary, as I see it, from a favourite book of mine -- Hard Facts, Dangerous Half-Truths and Total Nonsense.
Read on to read my views.
Picture courtesy: Dave Smith
From the book
[F]or most jobs in most organizations, assessing talent and ability is fraught with error and bias. Most dimensions of work performance are not as objective as how well someone can pitch, hit a ball, or throw a discuss.
You Will Stop Reading Management Books After This
Spotlight on Evidence-based Management
Hard Facts, Dangerous Half-Truths And Total Nonsense: Profiting From Evidence-Based Management
Amazon Price: $13.94 (as of 05/26/2012)
At least that is the message that first came to me as I was reading Hard Facts, Dangerous Half-Truths And Total Nonsense by Jeffery Pfeffer & Robery I. Sutton.
Of course that is not the purpose of the book. It puts forward yet another 'paradigm' - Evidence Based Management. But read through the book and you will see management myths exploding.
The premises of Hard Facts ... is quite simple - every best practice is context based. It is necessary to study the context before application. Use commonsense. But do you think management best seller would say this.
Hard fact ... discusses some well-known management practices in a very balanced manner. The positives and the negatives are discussed and then the authors offer their understanding.
Note: This is the second time I am using A. Kratzenberg's picture. See the gallery for more photographs.
From the book
Take incentives, the cornerstone of so many celebrated management practices. Do you always need money and other bribes to get people to act the right way? Are people who get more of these goodies always the best human beings? These two beliefs are rarely questioned when applied to work settings.
Other books / articles by Jeffrey Pfeffer and Robert Sutton
From the book
Attributing Intel's success to its own strategic decisions is, however, partly incorrect. ... Intel was given the chance to move into microprocessors largely as a result of a strategic decision by IBM to outsource the manufacture of microprocessors for IBM PC, a lucky break that Intel was smart enough to capitalize on but that had little to do with any planning, rational analysis, or strategy formation by Intel's senior team.
Reader Feedback
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Mike12345
Mar 29, 2010 @ 2:09 am | delete
- We have a good future if we engage business management. Thanks for the lens.. Keep i Up.
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WinstonWolf
Apr 6, 2009 @ 9:58 am | delete
- This is one of the best business books I've ever read...and I've read a ton of them. As a companion, Phil Rosenzweig's "The Halo Effect" hits many of the same areas, focuses on evidence-based management and blows the whistle on some of the canards many people swallow as gospel. Rosenzweig's body slam of "Good to Great" is worth the cover price.
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optionzone Feb 12, 2009 @ 10:49 pm | delete
- An excellent lens, Amitabh. I like the subject matter and resources here. In fact, I apply evidence-based management to one of my options trading business strategies; a standard deviation theory to measure calclated risk. Of course, I can apply it without completely understanding it! ... Again, great work--thanks for providing the info... 5 stars!
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From the book
Variable Pay = Pay Dispersion = Lower Performance
Please visit my other lenses that review books
About Evidence Based Management - From the Internet
- Leadership in healthcare: Towards evidence-based management in healthcare ...
- Executives are expected to demonstrate measurable outcomes and effectiveness, and to practise evidence-based management. The shift to evidence-based management has led to numerous efforts to define the competencies most appropriate to healthcare.
- Study: 53 Million Americans May have Diabetes by 2025
- Reversing this 'epidemic' will require major lifestyle changes and remaking our health care delivery system into one focused on proactive prevention and continuous access to coordinated, evidence-based management of chronic diseases.
- Type 2 diabetes a 'national security issue'
- The authors concluded, ?Reversing this 'epidemic' will require major lifestyle changes and remaking our health care delivery system into one focused on proactive prevention and continuous access to coordinated, evidence-based management of chronic ...
- More Doctors Using Dashboards with Real-Time Patient Data—Including Clinical ...
- The project started out from a desire to make evidence-based management of patient populations a priority. It then developed into a full-fledged collaborative effort between Marshfield's information systems team and its data analytics and data ...
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