Management Practices Efficiency: IMD World Competitiveness Ranking

The IMD World Competitiveness Yearbook provides rankings and insights into the efficiency of management practices across different countries. It evaluates factors such as corporate culture, leadership effectiveness, and organizational agility to assess the efficiency of management practices. The rankings in this category indicate the level of competitiveness and performance of management practices in different countries.

Here are the rankings for management practices efficiency according to the IMD World Competitiveness Ranking for different years:

In 2019, the United Arab Emirates secured the first place, followed by Ireland in second place and Hong Kong in third place. Slovakia, Mongolia, and Croatia held rankings of 61st, 62nd, and 63rd, respectively.

In 2020, Denmark claimed the first place, with Iceland in second place and Hong Kong in third place. Russia, Japan, and Croatia ranked 61st, 62nd, and 63rd, respectively.

In 2021, Denmark maintained the first-place position, followed by Hong Kong in second place and Sweden in third place. Japan, Argentina, and Croatia held rankings of 62nd, 63rd, and 64th, respectively.

In 2022, Denmark secured the first place, followed by Iceland in second place and Sweden in third place. Romania, Poland, and Japan ranked 61st, 62nd, and 63rd, respectively.

These rankings provide insights into the efficiency and competitiveness of management practices in different countries. Higher index values indicate more efficient management practices characterized by strong corporate culture, effective leadership, and organizational agility. By referring to these rankings and related reports, you can gain a better understanding of how countries perform in terms of management practices efficiency and the factors that contribute to their competitiveness.