Good management listens to reasonable demands.

Literal

Good management [subject-なら] legitimate demand [to-に] ear [object-を] lend nominal-ものだ.

~なら ('if X, then...') — here in a characterizing sense, 'if it's good management (then it...).' 耳を貸す ('to lend an ear, listen') is a set phrase. ~ものだ generalizes the predicate, framing it as a defining quality of good management.