Opinion
The debate on productivity enhancement is constant throughout companies and organizations as well as entire countries. It's a critical ingredient for competitive advantage and expansion, yet there's variance in what constitutes productivity and how to measure it. At the national level, countries may assess productivity based on gross output. Businesses might gauge success and competitiveness by overall production. While this metric offers some insight, its real value emerges when you consider the output relative to the workforce size of the assessed entity.
By
Larry Coté ,
July 29, 2024 | 4:18 pm CDT