Reflections from the CBI Annual Conference, 2022
Conference season is well underway, and the annual CBI event returned in person last week, with a new PM, a confident Leader of the Opposition,…
Productivity
What Productivity Means
Productivity, as per Oxford Languages, refers to ‘the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input.’
What is the Meaning of Productivity in Work?
In the realm of work, it showcases the balance between goods and services against labour and costs. For businesses, it boils down to the amount of work accomplished over a specific period. In work, is a gauge of how effectively employees contribute to crucial business objectives, impacting overall performance.
How Can Productivity Be Improved?
There are many tips to improve and increase it, some main ones are:
- Keep things simple.
- Map out SMART goals
- Set reminders
- Review goals daily (or at least regularly)
- Minimize time-wasting activities
- Motivate your team
How Productivity Leads to Economic Growth
Technology has not been the swift ‘job destroying tsunami’ many predicted, and more of it will be needed to raise pay and productivity for everyone
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New modelling suggests apprenticeships are key to tackling Britain’s productivity gap
England’s flagship apprenticeship programme is on track to boost growth and productivity with every year’s cohort of apprentices contributing almost £700m a year to the…
Both Conservatives and Labour fail to answer the productivity challenge – but FE has to step up as well
Skills World Live hit the road recently, recording engaging podcasts at both major political party conferences. The programme’s presenter and FAB chief executive, Tom Bewick, provides a…
Productivity overview, UK: April to June 2022
The main findings from official statistics and analysis of UK productivity, presenting a summary of recent developments.The main findings from official statistics and analysis of…
Productivity could stagnate: 40% of young workers vow to ‘act their wage’
Silent movement of quiet quitters: Half of under 30s will do ‘bare minimum’ in role unless pay increases or progression is on the cards Under…
Relieve workers’ chronic pain to improve productivity and job satisfaction, bosses told
With the end of the summer holidays, millions of people are returning to the office – yet for one in four people that means working…
4 viral TikTok productivity hacks to try at work
With over 8.9 million active users in the UK alone, TikTok is the social media platform that can entertain, advise and educate viewers on just…
Public sector must kickstart productivity to deliver lifeline for UK economy
Report by The Productivity Institute unveils urgent recommendations to raise public sector productivity through focusing on outcomes and identifying bottlenecks for improvement Public sector productivity…
Could businesses’ productivity be helped by the four-day work week?
As the UK’s four-day work week trial continues, many are starting to wonder if the benefits of adapting to this way of working can be…