Management Matters - How does manufacturing measure up?

Green, R; Agarwal, R; Brown, PJ; Tan, H; Randhawa, K

Management Matters - How does manufacturing measure up?

Green, R

Agarwal, R

Brown, PJ

Tan, H Randhawa, K

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Publisher:: Ministry of Economic Development, New Zealand
Publication Type:: Report
Citation:: 2010, pp. 1 - 51
Issue Date:: 2010-01

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Field	Value	Language
dc.contributor.author	Green, R https://orcid.org/0000-0001-5936-8203	en_US
dc.contributor.author	Agarwal, R https://orcid.org/0000-0002-8493-7313	en_US
dc.contributor.author	Brown, PJ https://orcid.org/0000-0002-8603-0280	en_US
dc.contributor.author	Tan, H	en_US
dc.contributor.author	Randhawa, K https://orcid.org/0000-0001-6972-2827	en_US
dc.date.issued	2010-01	en_US
dc.identifier.citation	2010, pp. 1 - 51	en_US
dc.identifier.uri	http://hdl.handle.net/10453/31636
dc.description.abstract	This paper benchmarks management practices in New Zealand manufacturing firms against the global best. The project was undertaken by a research team from the University of Technology Sydney and is part of a world-wide study led by the London School of Economics and McKinsey & Co. The findings suggest that while some of New Zealandâs firms are as good as any in the world, there is a substantial tail of firms that are mediocre, especially in their approach to people management. This is a key differentiating factor between New Zealand and better performing, more innovative countries, and it echoes similar recent findings for Australian manufacturers. The research findings also suggest that there is a link between the quality of management scored across 18 dimensions of people, performance and operations and enterprise productivity. This study suggests that New Zealand manufacturing firms need to improve the management performance to build longer-term competitive advantage. It reveals that some management practices represent opportunities for improvement for these manufacturing firms. The study demonstrates that a costeffective way of improving the productivity performance of New Zealand firms is to promote a transformation in the calibre of the management and leadership of its organisations. This is the key to a more innovative, dynamic and sustainable economy into the future.	en_US
dc.format	Ministry of Economic Development Occasional Paper 10/03	en_US
dc.publisher	Ministry of Economic Development, New Zealand	en_US
dc.title	Management Matters - How does manufacturing measure up?	en_US
dc.type	Report
utslib.location	Wellington	en_US
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
pubs.organisational-group	/University of Technology Sydney/Faculty of Transdisciplinary Innovation
utslib.copyright.status	closed_access
pubs.confidential	false	en_US
pubs.place-of-publication	Wellington	en_US

Abstract:

This paper benchmarks management practices in New Zealand manufacturing firms against the global best. The project was undertaken by a research team from the University of Technology Sydney and is part of a world-wide study led by the London School of Economics and McKinsey & Co. The findings suggest that while some of New Zealandâs firms are as good as any in the world, there is a substantial tail of firms that are mediocre, especially in their approach to people management. This is a key differentiating factor between New Zealand and better performing, more innovative countries, and it echoes similar recent findings for Australian manufacturers. The research findings also suggest that there is a link between the quality of management scored across 18 dimensions of people, performance and operations and enterprise productivity. This study suggests that New Zealand manufacturing firms need to improve the management performance to build longer-term competitive advantage. It reveals that some management practices represent opportunities for improvement for these manufacturing firms. The study demonstrates that a costeffective way of improving the productivity performance of New Zealand firms is to promote a transformation in the calibre of the management and leadership of its organisations. This is the key to a more innovative, dynamic and sustainable economy into the future.

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http://hdl.handle.net/10453/31636