Bad managers to blame for UK’s productivity crisis, says Bank of England’s chief economist 

Bad do not realise they are holding their companies back, damaging UK , economic growth and living standards, according to Andy Haldane at the Bank of England.



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The Bank of England’s chief economist claims low productivity is a result of poor management. Is he right? Isn’t there a fundamental design fault in most managers’ job roles – that they have to mix technical and management tasks and that they are rewarded for technical, not management goals?


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