Productivity Relations & Ratios
There is a relationship between Effectiveness, Efficiency and Productivity. The premise is really useful for recognising how the two managerial paths interact with one another and how you measure success.
Feel free to request the templates email@example.com. I am happy to share.
1. Recognise the importance of objectives and standards in relation to managerial success and why.
2. Consider how efficiency and effectiveness impacts on productivity
3. Calculate productivity levels as a company, by department, by people as appropriate
4. Benchmark for example against industry averages, best performance, prior year etc
Please do share your experiences with these models in the comments below. I am building a portfolio of small business case studies and would love to include examples of what has worked well for you.
PS – If you need further help then give me a call on 07962 626604 to arrange a Skype session with me.
PPS – This exercise forms part of a series of workshops on Quality Management & Measurements