Good Management can help build a good society

June 2003
Management Services;Jun2003, Vol. 47 Issue 6, p5
Academic Journal
Effective people management is crucial to the material and psychological well being of society, not just the bottom line. But current management practice falls far short of what is needed to maximise the common good, and both business and government must act together to deliver improvements. This is the key conclusion of a report published on Good Friday 2003 by the Chartered Institute of Personnel and Development (CIPD). Dr John Philpott, the CIPD's chief economist and author of the 'People Management and the Common Good' report comments, "Management practice spills over into the wider economy and society, with poor practice in the UK contributing to many of our current ills. These include relatively low productivity and living standards; high rates of joblessness for certain disadvantaged groups and concern over wage inequality. The gender pay gap; psychological stress and a general sense of social malaise and unhappiness are all symptoms of such bad practice."


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