Increasing Productivity: A Winnable Challenge
P = O (goods/services) ÷ I (resources)
For example:
Assume last month that it took 1,000 labor hours to produce 200,000 pages of specialized documents. What is the productivity measurement?
P = 200,000 mail pieces ÷ 1,000 labor hours
or 200 pages per labor hour
How to Improve Productivity
There are two basic approaches to improving a productivity measurement:
- Increase the volume of goods/services without increasing the amount of resources used.
- Produce the same volume of good/services, but accomplish it with fewer resources.
Some of the factors that have a bearing on productivity include:
Related story: Justifying Resources: 10 Tips to Get What You Need
Wes Friesen is a proven leader and developer of high performing teams and has extensive experience in both the corporate and non-profit worlds. A former in-plant manager, he is also an award-winning university instructor and speaker, and is the president of Solomon Training and Development, which provides leadership, management and team building training. His book, Your Team Can Soar! contains 42 valuable lessons that will inspire you, and give you practical pointers to help you—and your team—soar to new heights of performance. Your Team Can Soar! can be ordered from Xulonpress.com/bookstore or wesfriesen.com. Wes can be contacted at wesmfriesen@gmail.com.