Executives have plenty of data available to ‘manage by evidence.’ Whether it’s hiring staff or determining salaries or investing in technology, managers have a vast scholarly literature at their disposal: studies conducted over more than a century show whether pay incentives drive internal motivation; whether diversity training works; whether companies should get rid of performance ratings; how to train effective teams; and more.
So why do most companies ignore the evidence and manage by intuition?
In this article in “Knowable Magazine,” Eryn Brown looks at the evidence.
