Inefficiency Is A Matter Of Perspective: The Limits Of Bureaucracy

Bureaucracies are widely perceived as inefficient. However, what is considered inefficient in comparison to the private sector may simply be inherent to bureaucracies. A recent study suggests that the solution may involve changing the nature of bureaucratic oversight. According to University of Chicago Graduate School of Business professor Canice Prendergast, people from a variety of professions, from doctors to police officers, fall under the umbrella term, "Bureaucrat." Bureaucrats are any people who have the power to assign something to a consumer. In the recent study, "The Limits of Bureaucratic Efficiency," Prendergast focuses on bureaucratic oversight and decision making to identify the constraints that make efficiency in bureaucracies difficult to attain.

Provided by: University of Chicago (Booth) Topic: CXO Date Added: Jan 2010 Format: HTML

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