Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/334058 
Year of Publication: 
2021
Citation: 
[Journal:] Asian Journal of Economics and Banking (AJEB) [ISSN:] 2633-7991 [Volume:] 5 [Issue:] 3 [Year:] 2021 [Pages:] 284-288
Publisher: 
Emerald, Leeds
Abstract: 
Purpose – It is well known that micromanagement - excessive control of employees - is detrimental to the employees’ morale and thus, decreases their productivity. But what if the managers keep people happy - will there still be negative consequences of micromanagement? This is the problem -but simplified - mathematical models of how productivity depends on the working rate. Findings - We show that even in the absence of psychological discomfort, micromanagement is still detrimental to productivity. Interestingly, the negative effect of micromanagement increases as the population becomes more diverse. Originality/value - This is the first paper in which the purely economic consequences of micromanagement - separate from its psychological consequences - are studied in precise mathematical terms, and is the first paper that analyzes the relation between these consequences and diversity of the population.
Subjects: 
Micromanagement
Optimal working rate
Diversity
Productivity loss
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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