Monday, January 6, 2025

National Productivity Week - UK 2025 - 27 January 2025 - Friday 31 January - Productivity Can Drive Growth of Profits, Incomes and Standard of Living of All in the Country


Industrial Engineering - Cost of Production and Service Units has to down. Productivity of Resources has to go up.

You need to measure both. - Cost Measurement - Productivity Measurement.

Modern Industrial Engineering - A Book of Online Readings. PDF File. FREE Download. 

https://www.academia.edu/126612353/Modern_Industrial_Engineering_A_Book_of_Online_Readings





https://www.productivityweek.co.uk/


Productivity can drive inclusive growth.

Increased productivity can lead to higher wages and household incomes, stronger

businesses, better public services and a higher standard of living.

Increased productivity can lead to higher wages (to employees)..

Increased productivity can lead to higher profits (for business firms).

Increased productivity can lead to a higher standard of living. (to consumers due to lower prices).


 

National Productivity Week UK in January 2025.  27 January 2025 - Friday 31 January

The campaign is organised by The Productivity Institute, a research body headquartered at Alliance Manchester Business School and funded by the Economic and Social Research Council. It aims to raise awareness of, and offer solutions to, the UK's long-held productivity challenges.

Average annual growth in labour productivity, measured by gross value added per hour, was around 2% in the decade before the financial crisis (2008). It has averaged less than 0.5% since.

The inaugural National Productivity Week in November 2023 saw the launch of The Productivity Agenda. This was a ten-chapter report that called on policymakers to build a comprehensive growth strategy that puts improvements in productivity across the country at its heart.

Supporting the productivity agenda

The second National Productivity Week will turn its focus to businesses supporting the productivity agenda. The week will provide businesses with insights on how to make strategic productivity gains, such as:

Developing their people

Making better use of emerging technologies, including AI

Deploying finance and investment.

To achieve this, starting from 27 January 2025, the Institute will be running a week-long series of events, seminars, conferences and panel discussions across its eight Productivity Forums around the UK. This will include an event at Alliance Manchester Business School.


The events will draw on the expertise of leading academics from across the UK.


The Productivity Institute has also partnered with expert bodies such as the Institute for Government and the Institute for the Future of Work to help deliver this week-long programme.


Bart van Ark, Managing Director of The Productivity Institute and Professor of Productivity Studies at Alliance Manchester Business School, 

"This week will bring together key stakeholders from both the public and private sectors to shine a spotlight on the challenges the UK faces, but more importantly discuss and debate solutions and provide strategic advice for businesses looking to achieve their growth ambitions. That, in turn, will drive wider economic growth."



2024

20 June 2024

Productivity Orientation of Political Parties and Government

Productivity has to be at the core of the next Government’s agenda

The Productivity Institute

The top 10 policies recommended for the next UK Government  to increase focus  on productivity


Create a stable set of economic policies geared towards These include supporting business investment in skills, innovation, and the transition to a net-zero economy.

Attract high-value investment Spearhead research and development initiatives and attract investment focused on addressing national challenges like infrastructure, healthcare and the transition to net zero.

Focus on inclusive growth Develop policies that strengthen well-being and engage people currently out of the labour market or without a job, including supporting hybrid work.

Boost public sector productivity Introduce initiatives to deliver public services better and faster, not just to save money but also to help people, firms and places improve their productivity.

Regulate better Simplify and speed up planning processes, make land use more flexible, and tackle other regulations that currently hinder investment. And benefit from the new Digital Markets,

 Competition and Consumers Act to broaden the productivity gains from the digital economy beyond large “winner takes all” firms.

Improve trade and foreign investment Agree better trade deals, especially with the EU, to ensure British firms face less cost and red tape in exporting and that foreign investment creates broader productivity gains for the economy.

Streamline business support Develop a simpler and more effective business support network by consolidating existing offerings, and provide grant support for larger firms to collaborate with and support smaller businesses (SMEs).

Foster collaboration for local innovation systems Implement measures to encourage networking and knowledge sharing between businesses in the same areas.

Invest in skills at the local level Invest in public sector training programmes at regional and local levels to enhance capabilities across the country and empower English regional mayors with greater authority over skills formation in their regions.

Promote coordinated policy efforts and address fragmentation Set up a new Growth and Productivity Institution on a statutory footing and develop a framework of institutions that allow for aligning pro-productivity policies between UK-wide, devolved nations, regional and city levels.




2023
27 Nov. 2023 to 2 Dec 2023



Productivity Agenda - Chapter 1
https://www.productivity.ac.uk/research/the-uks-productivity-challenge-people-firms-and-places/



Interesting Working Papers



















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