This paper looks at how increasing productivity is a major concern of business today and it is one of the primary responsibilities of the manager at all levels. It looks at how the general trend has been to try to increase productivity by reducing costs, reducing the size of the workforce and generally downsizing the company, but there is a limit to how much benefit can be gained in this manner, just as there are some benefits which cannot be achieved through these means. It details different methods of increasing productivity.
Outline
Purpose
Introduction
Productivity Today
Setting Standards
Involving the Worker
Redesigning the Workplace
Conclusion
Recommendations
From the Paper:
"Business has always sought higher productivity, but the need for innovative means for achieving this has become greater under current economic conditions. Farrell, Barrett, DeGeorge, and Zellner (1998) note this when analyzing productivity at the end of the last millennium and the challenges facing those who want to increase it. At the time, the emphasis was placed almost entirely on cost-cutting as a way of increasing productivity, which means lay-offs and downsizing. Such efforts can only go so far toward increasing productivity, however. The authors emphasize that continuing gains in productivity is essential to maintain the balance between growth and inflation. At the time, nonfarm productivity was increasing an average of 2 percent per year, while manufacturing productivity had increased 4.4 percent in 1997. The problem was increasing as ways of coping with potential growth were diminishing."
"Employee Productivity" 09 February 2012. Web. 10 Feb. 2012. <http://www.academon.com/Essay-Employee-Productivity/28285>
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Published by:
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Publisher Since:
Apr 29, 2002
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