New Public Management

Definition: New Public Management is a term coined by Hood (1991) for the policy to modernize the public sector and and render it more effective. The basic idea of NPM is that market-oriented management of the public sector will lead to greater cost-efficiency for governments, without having negative side-effects on other objectives and considerations.
Ferlie, Ashburner, Fitzgerald, and Pettigrew (1996) describe 'New Public Management in Action' as involving the introduction into public services of the 'three Ms': Markets, managers and measurement.

More on new public management.
More on government: Entrepreneurial Government.

MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.

We love to keep things really short, but provide links to learn more about your subject and to similar concepts.