Companies say they are giving priority to profitability and efficiency amid concerns about macroeconomic conditions.
In many cases, executives say they are looking to deploy new technology to help cut costs.
“We have to be much tougher on costs and achieve the same growth plans with a lot less investment,” Uber Technologies Inc. Chief Executive Dara Khosrowshahi.
“We in the tech industry will have to get more efficient." - Satya Nadella, chief executive of Microsoft Corp.
Creating long-term value and efficiency is key to any organizational transformation, said Ernst & Young CEO Carmine Di Sibio.
https://www.wsj.com/articles/for-ceos-at-davos-efficient-profitable-operations-take-center-stage-11674151208?st=8gffac5pq3i9x4f&reflink=desktopwebshare_permalink
Module of Industrial Engineering FREE ONLINE Course.
1000 persons accessed in the first year (2020-2021). Second time daily sharing (2021-2022) Started on 1 June 2021.
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
Review of the Concept and Importance of Productivity
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https://www.youtube.com/watch?v=7dqVIVjVSoA
Competitiveness, Strategy, and Productivity
Eddy Witzel
https://www.youtube.com/watch?v=b0YfKoK2uF0
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337. Functions of Productivity Management
338. The Evolution of Productivity Management
339. Productivity Management - F.W. Taylor
340. Productivity Management in Operations Management Since 1886
341. Productivity Management - Improving Productivity - Stevenson in Operations Management Book
342. Functional Foremanship - F.W. Taylor
Harrington Emerson - 12 Principles of Efficiency - Productivity Management
344. Harrington Emerson - The First Efficiency Principle: Clearly Defined Ideals (Objectives and Goals)
346. Harrington Emerson's The Seventh Efficiency (Productivity Management) Principle: Despatching.
347. Harrington Emerson's Eighth Efficiency (Productivity Management) Principle: Standards and Schedules
https://nraoiekc.blogspot.com/2013/10/chapter-10x-eighth-principle-standards.html
348. Harrington Emerson's Ninth Efficiency (Productivity Management) Principle: Standardized Conditions.
https://nraoiekc.blogspot.com/2013/10/chapter-11-ninth-principle-standardized.html
349. Harrington Emerson's Tenth Efficiency (Productivity Management) Principle: Standardized Operations.
https://nraoiekc.blogspot.com/2013/10/chapter-12-tenth-principle-standardized.html
350. Harrington Emerson's Eleventh Efficiency (Productivity Management) Principle: Written Standard-Practice Instructions.
https://nraoiekc.blogspot.com/2013/10/chapter-xiii-eleventh-principle-written.html
351. Harrington Emerson's Twelfth Efficiency (Productivity Management) Principle: Efficiency Reward.
https://nraoiekc.blogspot.com/2013/10/chapter-14-twelfth-principle-efficiency.html
352. Harrington Emerson: 12 Efficiency Principles Applied to Measurement and Cure of Wastes.
https://nraoiekc.blogspot.com/2013/10/chapter-15-efficiency-principles.html
354. Industrial Engineering - Its Role in Productivity Improvement
356. Manufacturing Cost Reduction Policy Deployment - Introduction.
357. Organizing for Industrial Engineering Department and Function
358. Resourcing for IE Department and Productivity Improvement Projects
361. Productivity Control - Productivity Management - Koontz & O'Donnell
https://nraoiekc.blogspot.com/2022/03/productivity-control.html
https://nraoiekc.blogspot.com/2021/06/principles-of-productivity-management.html
366. Industrial Engineering Strategy
367. Success Stories - Industrial Engineering, Productivity Improvement and Productivity Management
Productivity Month in India - 30 Lessons starting from 12 February 2022
Ud. 21.1.2023, 6.3.2022, 12.2.2022, 31.1.2022, 9.9.2021, 29.8.2021
Sharing of the module was started on 12 February 2022. 12 February is the productivity day in India, the foundation day of National Productivity Council #NPC. Every year, this period will be designated as productivity month and the module will be shared in the social media.
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