« Is GDP per capita a good measure of well-being? | Main | The Earned Income Tax Credit at age 30 »

Monday, February 13, 2006

Comments

Blissex

By and large English management don't need to try harder -- a lot of them get their jobs and perquisites by way of right, because they have a prestigious degree or because of connections or both. Their well being is usually secure. But in the USA even well credentialed, well connected managers live in fear of hostile takeovers.

Landes in "The wealth and poverty of nations" writes very well about the centennial attitudes of English managers, for examples when he writes about piecework.

Abobtrader

The Financial Times has a piece saying that productivity stats for the UK were too low due to underestimation of business investment in software. Apparantly, revisions to this component will have a meaningful impact on overall productivity.

http://news.ft.com/cms/s/9bf0f7f4-9cd6-11da-8762-0000779e2340.html

Metatone

The relationship between IT and productivity certainly contains a lag and this pattern seems consistent with evidence from other countries. But this is unlikely to produce US levels of benefit from the current starting position.

Inertia/conservatism is a big part of it and Blissex is correct to assess that the majority of UK managers are not all that good.

Why they are not good is a rather complex question. Takeovers don't happen that frequently in the US and statistically neither does management turnover. It is clear that UK recruitment processes are based around symbolic factors that don't match up well to performance. It's further worth noting that a lot of British companies are led by people from the financial/macroeconomic school who basically don't have the skills/understanding to improve productivity.

Another strand is that all services, not just public services, have a terrible productivity showing in the UK. The decline in productivity mirrors the decline in manufacturing. Of course, it's tempting to just say "the British can't do service" which accords with many personal experiences, but a bigger question is how service productivity is measured and is our mix of services the right one?

Chanel handbags online

xyy
I love braids. But I can never make good braids of my hair Chanel handbags online, at which I

feel sad and upset Chanel handbag online. Every time when I failed in making a good braid,

href="http://www.youknowbags.com/chanel-handbags-c-14.html">Chanel handbags sale I will fall into bad spirits, but my favor to braids never weak a little.

href="http://www.youknowbags.com">designer handbags sale. So when I saw this Bottega Veneta Box Clutch in beautiful and smooth braid,

href="http://www.youknowbags.com">handbag sale, though somebody said it is a little simple and plain, I found it is really wonderful. It provides

comfortable feelings to me and cast a spell on me at the first sight.As we know, the collection of Bottega Veneta Box Clutches has many beautiful choices for us

href="http://www.youknowbags.com">authentic handbags. All these clutches combine simplicity, beauty, and usability all at once. The knot on the top is their

icon. Some of them are made from very luxurious materials, such as crocodile leather,designer handbags,thus they have

hefty prices, while other are made from more competitive materials, just like satin, then they have more affordable prices. Though this Bottega Veneta Satin Knot Clutch is made

from satin, it is the same luxurious as croc clutches.replica handbags. As we can see, the sleek lilac satin material

is woven into perfection and is very elegant and stunning.

nike air max 2009

xyy

These two colorways of the nike air max 2009 are inspired by

two of the biggest idols LeBron James had as a child. The red pair is inspired by Deion Sanders, while the other pair honors Penny Hardaway. The pair that is inspired after

Penny Hardaway borrows nike air max LTD

href="http://shop.brandsuper.com/nike-air-max-shoes-c-54.html"> the colors from the Orlando Magic. Sorry to give you the bad news, but these will not release.


The Air Max 90 has owned some great colorways in the past. Of all

the great colorways we have examined on the nike air max shoes, my favorite has to be

the Nike Air Max LeBron VII “All Star”. However, here we have two brand new colorways that could be some of the best we have seen. Nike is bringing back some of the true

running classics this year. One of those legendary runners is the Air Max

360, which will release in the OG colorway. Nothing is better than a original. These surfaced last year, and the first look made Air Max heads go crazy of a

possible release.

The comments to this entry are closed.

Information




  • TEST


  • Subscribe in NewsGator Online

Economist Weblogs

Categories

Disclaimer


  • This is a personal web site, produced in my own time and solely reflecting my personal opinions. Statements on this site do not represent the views or policies of my employer, past or present, or any other organisation with which I may be affiliated. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.