Productivity

In simple terms, Productivity is a measure of the efficiency of any resource in converting inputs into useful outputs. Such resources can be person, machine, material, energy, finance etc and is computed by dividing average output by the total resource deployed or the cost incurred.

Every successful company recognises the importance of productivity all across the organisation as it ultimately benefits the employees, employer (including the investors), Business Partners and the customers as well. Before deciding to put in more resources, the company must ensure that the existing resources that it has already deployed are utilized optimally thru various Productivity Enhancement measures.

Productivity growth can help meeting company’s growing responsibility towards the employees, enhanced value to the shareholders, timely compliance to statutory obligations while continuing to improve its competitiveness in the market place.

Do you think u need experts’ advice & support to streamline your organisation in this regard in order to Build Better Business???

If yes, then please contact JKVadvisory….