Title: What is the Importance of Productivity in the Workplace?
1DeskTrack Productivity Monitoring Software
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2Importance of Productivity in the Workplace
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3What is Productivity?
- The word productivity has been used in many
ways by different people. Some believe that
productivity is a measure of efficiency. Others
believe it is a measure of effectiveness. Still,
others believe its a measure of effectiveness
and efficiency combined. The most useful
definition of productivity is the ability to
produce more output per unit of input. In other
words, being productive means being able to get
more done with less time or effort.
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4Types of Productivity?
- It is generally accepted that productivity is
divided into two categories, namely Personal
Productivity and Economic Productivity.
1. Personal Productivity
The ability to increase your output in a
particular area of life, such as work,
relationships, and family, is called Personal
Productivity. Its a type of productivity thats
focused on increasing your own personal output.
Its also called self-management or
self-direction. A person who is high in personal
productivity is one who manages his or her time
well and gets more done than others because he or
she works efficiently and effectively.
2. Economic Productivity
Over time, economic productivity is the rate at
which an economy generates more economic value.
Economic productivity is measured as real GDP per
unit of labor input (technological progress). The
increase in economic productivity is the balance
between capital accumulation and technological
innovation.
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5What is Productivity Measurement?
- Productivity measurement is the practice of
measuring the productivity of individuals, teams,
and organizations. Productivity is measured in
terms of output per unit of time spent on various
tasks. In this context, output refers to actual
results achieved by an employee or team member
while time refers to the amount of time that
was invested in completing each task. - When comparing current performance with past
performance or comparing current performance with
management expectations. Productivity measurement
can be used to evaluate the effectiveness of
employees and managers.
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6Fundamental Measurements that Productivity in the
Workplace Impacts the Most
- Finances
- Customers
- Time
- Morale
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7Get In Touch
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