Productivity now and in the future
The concept of organizational efficiency has developed in past years from considerations on removing
the unproductive activities into discussions on impact of motivational aspects relating to productivity.
There two important measures that give some indication concerning human efficiency; productivity and
wage-adjusted productivity, so considering e.g. the value-added either in terms of time spent or wages
paid.
Productivity seems facilitate very diverse opinions, especially when it comes to what would be the
proper actions for increasing the productivity. Another debate concerns different opinions on the way
in which productivity should be calculated; the straightforward way (calculation of quotient) and those
that consider different reasons behind the productivity development. To get an idea on what type of
issues may be influencing productivity, I think, e.g. PESTLE could be applied. Then there is the matter
of valuation, making the different types of valuation techniques comparable or equivalent.
The actions that would be effective will obviously be dependent on the goals and business
environment in which one wishes to operate, whether that be a high-tech dominated environment, one
specializing in low-tech industries, or something in between. There are few other things I would like to
point out including the return on investment (also concerning education), the increasingly rapid
technological development, and structures that provide a means to successfully operate in the
changing environment that will provide substitutes for traditional ways of doing and new ways of
earning.
3. joulukuuta 2015, 0:59
Johanna Sandman
© Johanna Sandman 2013-2023