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Competitive Advantage Through People

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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Competitive Advantage Through People

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  1. Competitive Advantage Through People

  2. 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

  3. 1. Employment security 2. Selectivity in recruiting 3. High wages 4. Incentive pay 5. Employee ownership 6. Information sharing

  4. 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

  5. 13. Promotion from within 14. Long-term perspective 15. Measurement of the practices 16. Overarching philosophy

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