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Putting tools to the test:senior executives rate 25 top management tools

Darrell K. Rigby (Darrell Rigby is a director of Boston‐based Bain & Company (www.bain.com). He initiated the company’s study of management tools and techniques in 1993 and has directed the effort ever since.)

Strategy & Leadership

ISSN: 1087-8572

Article publication date: 1 June 2001

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Abstract

Eight years ago, Bain & Company launched an annual survey to investigate the actual experience of companies that adopt leading management tools: Which tools are the most popular? How well do they work? And do they continue to deliver results over time? This article presents the answers to these questions, based on the latest (2000) North American survey results. On the one hand, 78 percent of respondents agreed that “Companies that use the right tools are more likely to succeed.” Yet, at the same time, 82 percent agreed that “Most management tools promise more than they deliver.” Senior executives fundamentally believe there are tools that can improve organizational performance, yet experience using these tools has also dampened their enthusiasm for the results. Includes a discussion of the 25 top management tools.

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Citation

Rigby, D.K. (2001), "Putting tools to the test:senior executives rate 25 top management tools", Strategy & Leadership, Vol. 29 No. 3, pp. 4-12. https://doi.org/10.1108/10878570110396086

Publisher

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MCB UP Ltd

Copyright © 2001, MCB UP Limited

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