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Competitive Advantage Through People. Highly Successful Companies. According to Jeffrey Pfeffer’s research, the following 16 management practices are followed, in full or in part, by highly successful companies:. Jeffrey Pfeffer, Competitive Advantage Through People,

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highly successful companies
Highly Successful Companies
  • According to Jeffrey Pfeffer’s research, the following 16 management practices are followed, in full or in part, by highly successful companies:

Jeffrey Pfeffer, Competitive Advantage Through People,

Harvard Business School Press, 1994

slide3
1. Employment security

2. Selectivity in recruiting

3. High wages

4. Incentive pay

5. Employee ownership

6. Information sharing

slide4
7. Participation and empowerment

8. Teams and job redesign

9. Training and skill development

10. Cross-utilization and cross-training

11. Symbolic egalitarianism

12. Wage compression

slide5
13. Promotion from within

14. Long-term perspective

15. Measurement of the practices

16. Overarching philosophy