How Do Chief Executive Officers Make Strategy? | Management Science
Very happy to see this paper in (online) print. Together with Michael Christensen, @raffasadun.bsky.social , @nickbloom.bsky.social and Jan Rivkin, we interviewed hundreds of CEOs to measure how they make business strategy.
pubsonline.informs.org/doi/10.1287/...
30.09.2025 15:25 β π 4 π 1 π¬ 1 π 0
Deadline is approaching!
Send us your best work by September 1st 2025.
27.08.2025 13:56 β π 3 π 2 π¬ 0 π 0
Submission: Organizational Economics Working Group, Page 1 of 2 - MyNBER
The call for papers for the next @nber.org Organizational Economics Working Group is up!
We will meet in Cambridge, MA on November 13 and 14 2025.
Please submit your paper by September 1st 2025 at:
conference.nber.org/confsubmit/b...
31.07.2025 19:27 β π 5 π 2 π¬ 0 π 1
π’ Stiamo cercando 1 Research Associate per un'esperienza di lavoro pre-doc all'#EvaluationLab del #FondoRepubblicaDigitale.
π www.fondorepubblicadigitale.it/posizioni_ap...
cc: @raffasadun.bsky.social @barbarabiasi.com @francedrago.bsky.social
03.06.2025 17:07 β π 0 π 1 π¬ 1 π 1
Our work now published showing how better AI can improve both accuracy and diversity in hiring relative to supervised learning tools and status-quo human hiring.
02.06.2025 18:50 β π 60 π 18 π¬ 3 π 0
In short: good management doesnβt just improve performanceβit reshapes organizations.
With Rachel Schuh, John Hartley, @nickbloom.bsky.social and @johnvanreenen.bsky.social .
Full paper π www.nber.org/papers/w33765
#economics #productivity #management #reallocation #research
12.05.2025 14:59 β π 3 π 1 π¬ 0 π 0
Key takeaways:
β Well-managed firms buy, sell, open, and close more plants
β They pass on good practices to new and acquired units
β Banning M&A would lower GDP and management quality by ~15%
β About 20% of productivity gaps across countries are management-related
12.05.2025 14:59 β π 2 π 0 π¬ 1 π 0
Management and Firm Dynamism
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
Just out: our new NBER working paper explores what happens when management is treated like a technologyβsomething that spreads across firms, boosts productivity, and lowers the cost of change.
12.05.2025 14:59 β π 11 π 4 π¬ 2 π 2
π’@cepr.org WE_ARE & EEA #womenineconomics committee announce joint virtual session:
Speaker: @raffasadun.bsky.social
Topic: Navigating Large Teams & Interdisciplinary Boundaries
ποΈMon, June 9 @ 17:15 CEST
βΉοΈhttps://bit.ly/44YA1RA
@womeninecon.bsky.social @ukwen.bsky.social
@isweconomics.bsky.social
08.05.2025 12:04 β π 3 π 1 π¬ 0 π 1
So whatβs the takeaway?
If you want training to work, you need more than money or policy.
You need middle managers who believe in peopleβand are trusted in return.
14.04.2025 15:55 β π 9 π 2 π¬ 1 π 0
Why? We built a simple model:
Workers only invest in training if they trust that promotions will follow. That trust is manager-specific.
A good manager makes incentives real.
14.04.2025 15:55 β π 8 π 0 π¬ 1 π 0
nd it went beyond training.
Teams led by HT managers:
β
Performed better
β
Were promoted more
β
Had less absenteeismβeven during major organizational changes.
14.04.2025 15:55 β π 6 π 1 π¬ 1 π 0
These βHigh-Trainingβ (HT) managers didnβt get paid more for encouraging training. But they nudged, supported, and believed in their teamβs growth.
When an HT manager arrived, participation jumped:
π
14.04.2025 15:55 β π 5 π 2 π¬ 1 π 0
That variation could be explained by one thing: who the middle manager was.
Managers who were people-focused, proactive, and cared about development boosted training take-up by 45β60% compared to others.
14.04.2025 15:55 β π 5 π 0 π¬ 1 π 0
We studied 3 large Latin American firmsβa car manufacturer, a retailer, and a fast-food chain. All three offered centrally designed, firm-specific training. Same incentives, same structure.
But participation varied dramatically across teams.
14.04.2025 15:55 β π 2 π 0 π¬ 1 π 0
π£ New paper drop!
Why do some employees take up training and others donβt, even when the programs are the same?
Surprisingly, the answer isnβt HR policyβitβs middle managers.
π§΅
14.04.2025 15:55 β π 32 π 11 π¬ 2 π 3
Organizational Economics Working Group, Spring 2025
Another excellent NBER Org meeting wrapped up, and it's available on YouTube!! www.nber.org/conferences/...
@raffasadun.bsky.social and @andreaprat.bsky.social nailing the program and discussants yet again. Love this group! Thanks to all and looking forward to seeing old friends and new faces soon
11.04.2025 17:16 β π 9 π 1 π¬ 0 π 0
Organizational Economics Working Group, Spring 2025
Looking forward to the next @nber.org Organizational Economics Working Group meeting on April 10/11, coorganized with @andreaprat.bsky.social. We have a great line-up of new research papers in Org Econ!
Program and livestream link:
www.nber.org/conferences/...
09.04.2025 00:21 β π 11 π 4 π¬ 0 π 0
Excited for the NBER ORG meeting this week! Thanks Raffaella Sadun & Andrea Prat for leading this forward-thinking group exploring fascinating topics, including AI and labor markets. Enjoyed discussing Annaβs paper on class gaps last fallβdelighted to return!
08.04.2025 17:01 β π 3 π 2 π¬ 1 π 0
If you'd like to teach about the new economics of supply networks and their fragility this spring (see thread below for an application), here's a short list of broadly accessible resources you might find useful.
07.04.2025 11:42 β π 39 π 15 π¬ 3 π 0
"deep expertise combined with the social skills and self-awareness to know your own weaknesses is a winning combination in the AI-fueled labor market of the future" - cool new results AI's contribution to problem-solving forklightning.substack.com/p/ai-human-t...
07.04.2025 12:07 β π 24 π 4 π¬ 0 π 1
V nice paper, cited in my new book (along with much more about what economic statistics are missing these) π: press.princeton.edu/books/hardco...
21.03.2025 08:22 β π 57 π 11 π¬ 2 π 0
Welcome Marty!
12.03.2025 15:55 β π 1 π 0 π¬ 0 π 0
π¨ Thrilled that our π paper
βAge and Cognitive Skills: Use It or Lose Itβ
just came out in #ScienceAdvances @science.org
π‘ Longitudinal evidence: age pattern of literacy+numeracy not as bleak as cross-section suggests + strongly differs by skill usage
www.science.org/doi/full/10....
π§΅A thread
1/7
06.03.2025 06:50 β π 83 π 25 π¬ 1 π 9
π’ Call for papers: π’
@cesifo.org Area Conference on Economics of Education
(co-organized with Rick Hanushek)
5-6 Sept 2025, Munich
Keynote: @raffasadun.bsky.social
π www.cesifo.org/en/event/202...
Submission deadline: 18 May 2025
Past programs: sites.google.com/view/woessma...
04.03.2025 06:18 β π 46 π 41 π¬ 1 π 2
Deadline for submission for the NBER Organizational Economics Working Group is tomorrow, send us your best work!
13.02.2025 13:55 β π 5 π 2 π¬ 0 π 0
I am not a cat. I am an economist interested in research on organizations, migration, history and political economy.
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