By Raúl Gorrín.- Labor productivity is a measure of efficiency of workers, machinery, system and more. It will be up to the management to establish the control processes and mechanisms designed to maintain labor productivity. Organizations can orientate labor productivity to try to achieve certain objectives and goals, as well as to establish a good environment in the place of work from a series of decisions designed to make more favorable the development of employees.
Labor productivity should go hand in hand with good management so that economic activity is sustainable and viable. It is often related to productivity and competitiveness, but is not the same. Productivity is the indicator that allows the measurement of good use of resources when producing goods and services, while competitiveness refers to the ability of the organization to achieve greater profitability than other companies in the industry. The first is internal and the second external.
According to the last one, competitiveness makes easy to analyze and compare the productivity of one company relative to another. There are several factors involved in labor productivity such as: absenteeism, staff turnover, machinery operation and many others.
The concepts of labor productivity and efficiency can also be confused, which has to do with achieving business goals in a certain way, with the best possible use of available financial, human and infrastructure resources. There is a close relationship between quality and productivity, being that the improvement of the former can and should generate an optimization of the last one.
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www.raulgorrin.org
El emprendimiento humanista
Los nuevos emprendedores
Referencia empresarial
Conciencia social
Productivity and Efficiency
The Entrepreneur-humanist
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Labor productivity should go hand in hand with good management so that economic activity is sustainable and viable. It is often related to productivity and competitiveness, but is not the same. Productivity is the indicator that allows the measurement of good use of resources when producing goods and services, while competitiveness refers to the ability of the organization to achieve greater profitability than other companies in the industry. The first is internal and the second external.
According to the last one, competitiveness makes easy to analyze and compare the productivity of one company relative to another. There are several factors involved in labor productivity such as: absenteeism, staff turnover, machinery operation and many others.
The concepts of labor productivity and efficiency can also be confused, which has to do with achieving business goals in a certain way, with the best possible use of available financial, human and infrastructure resources. There is a close relationship between quality and productivity, being that the improvement of the former can and should generate an optimization of the last one.
Visit:
www.raulgorrin.org
El emprendimiento humanista
Los nuevos emprendedores
Referencia empresarial
Conciencia social
Productivity and Efficiency
The Entrepreneur-humanist
Follw me:
Google+