slide1
Download
Skip this Video
Download Presentation
What is Productivity

Loading in 2 Seconds...

play fullscreen
1 / 20

What is Productivity - PowerPoint PPT Presentation


  • 159 Views
  • Uploaded on

Productivity = Output. Input. What is Productivity. Productivity is a Measure of Performance Individual -- Group -- Organization -- Nation. Organizational Performance. Profitability Effectiveness Efficiency Cycle time Quality. Quality of Work life Innovation Utilization

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' What is Productivity' - wade-barton


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Productivity = Output

Input

What is Productivity

Productivity is a Measure of Performance

Individual -- Group -- Organization -- Nation

slide2

Organizational Performance

Profitability

Effectiveness

Efficiency

Cycle time

Quality

Quality of Work life

Innovation

Utilization

Productivity

Sink et al. (1984)

slide3

As a manager, what needs to know ?

Why we need the measures

Objectives -- Goals

Method -- Path

Achievement

Are we really up here?

slide4

How Measures are used?

Historical comparison

Compared with a base year (Index)

Compared with competitors

Compared with some certain standards

Benchmarking

slide5

Process

Input ??

Productivity Measurement

Perspectives of productivity

  • Narrow Perspective
  • B r o a d Perspective
slide6

Productivity

Measurement Techniques

  • Partial Productivity
  • Multi Factor Productivity
  • Normative Performance
  • Multi Criteria Performance
slide7

Productivity = Output

Input

PROs

VS

CONs

Partial Productivity

Labor Productivity

Capital Productivity

“Capital-labor substitution”

slide8

Multi-Factor Productivity

  • Consider all output & input at the same time and Convert things to price-based unit
  • Two models
        • Total Productivity
        • Total Factor Productivity
slide9

Total Productivity = Total tangible outputs

Total tangible inputs

Total Productivity

  • Define & Calculate Inputs
  • Define & Calculate Outputs
  • Develop data collection system
slide10

Total Productivity = Total tangible outputs

Total tangible inputs

PROs

VS

CONs

Outputs = Finished goods + WIP + All incomes(such as interests, dividends, rents, etc.)

Inputs = Capitals (fixed & working) + Materials + Energy + Human + Other expenses

slide12

Total Factor Productivity = Total Value Added

Total Factor Input

PROs

VS

CONs

  • Output is total gain from operation
  • Value Added = Net sales - Cost of good sold - Outsource services
  • Value Added = Net profit + Salary + Retained earning + Interest + Tax + Rent + Depreciation
slide13

Dimensions of Productivity

Quality Cost Delivery for customers

Ethics Environment for everyone

Safety Morale for employee

สถาบันเพิ่มผลผลิตแห่งชาติ : QCDSMEE

slide14

PROs

VS

CONs

Normative Performance

Broad view

Structured group process

Delphi Technique

slide15

PROs

VS

CONs

Multi-Criteria Performance

  • Aggregate various measures created by Normative approach in an integrated fashion
  • Develop a new scale (Index)
  • For example: Objectives Matrix, Balanced Scorecard
slide16

Objectives Matrix

  • Construction Steps
  • Determine all possible measures
  • Rate the importance of measures
  • Develop overall Performance Index

Output is a Family of Measures (a weighted index of performance)

slide18

Objectives Matrix

Measurement Design

Accountant

Cook

Lecturer

Student

Home Service

Delivery Boy

slide19

Productivity Taxonomy

Select the right model

  • Dimensions for classification
  • TD1: Unit of Analysis
  • TD2: Time Frame for Measurement
slide20

Taxonomy: the guideline

Ind.

Firm

Plant

Dept

Group

Indv’l

  • MA
  • MF MF MF
  • MF MF MF
  • MC MC MC MC
  • MC MC MC MC
  • WM WM

Min Hrs Days Wk Mth Qtr Year

ad