Saturday, October 12, 2019

Why Productivity Management?

Why Focus on Productivity and  Productivity Management?

Chapter of Productivity Management in Engineering Organizations - Online Book



For a Society or  a nation to raise the standard of living of its population, it must strive to maximize the return from its resources or improve productivity so that the economy can grow and sustain a better quality of life.  (ILO, Introduction to Work Study).

The management of an enterprise is responsible for seeing that the enterprise resources ... are combined in the best possible way to achieve the highest productivity. (ILO, Introduction to Work Study).

The Japanese economy successfully weathered the oil crises of the seventies without suffering serious damage ... This success has been attributed primarily to Japan's high productivity. (Shigeo Shingo)

Productivity is a long-term survival issue. Unless a company focuses on productivity as a key
ingredient of their corporate philosophy, it won't survive. (Ian Rolland and Robert Johnson)

Companies must plan for productivity. Productivity does not just happen. It requires a strategy that is comprehensive, long-range, and monitored. It requires rational, purposeful behavior on the part of everyone.  (Ian Rolland and Robert Johnson)

We can easily state that productivity is the only source of real economic growth and progress. A nation must maintain competitive levels of productivity in key industries to even maintain its standard of living in what is becoming an increasingly competitive world market. (D. Scott Sink)

The manufacturing sector of the Japanese economy has led the world in productivity growth rates for almost 30 years. In a number of key industries, Japan has far surpassed the United States in absolute levels of productivity. One factor contributing to Japan's success is its focus on improving competitive capability, efficiency, and "striking power" in strategically selected target industries.  (D. Scott Sink)

Japan's government and industry cooperate to manage industrial policy strategically. As part of the strategy, growth, productivity, quality, and innovation are managed systematically in target industries. (D. Scott Sink)


(C) Narayana Rao K.V.S.S. 2019



Next Chapter
2. Productivity - Basic Concepts


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