Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
The 17 Percent Productivity Boost from Management Consulting
In a landmark experiment, researchers offered free management consulting to 88 textile mills in Mumbai, India. The result: an average 17 percent productivity gain, with some mills improving by over 50 percent. This episode unpacks that study—how simple changes in quality control, inventory, and planning unlocked massive output, and why similar low-cost interventions could lift entire economies. We explore why small firms resist adoption, the compounding effect of better management on long-run growth, and how this connects to the stubborn productivity gap between frontier and laggard firms…
The skinny
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