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Increasing Productivity
04:13

Increasing Productivity

One way to increase productivity is by improving technology. Another is through long-term investment. Research and development, capital improvements, and workforce training can all be extremely expensive and may not pay off for years. But they do ge...

Defining and Calculating Productivity
02:25

Defining and Calculating Productivity

An accurate measure of productivity can be a useful tool in defining problems and deciding where to direct resources and energy. There are many ways to calculate productivity, but almost all begin with a simple formula: productivity is output per un...

Productivity and Quality
03:59

Productivity and Quality

At one time in industrial America, quality and productivity were considered almost mutually exclusive. Today that is not the case, thanks in part to very different attitudes about the role of workers. American managers today are much less likely to ...

Developing a Business Strategy
03:13

Developing a Business Strategy

Once an organization has amassed adequate knowledge and understanding of both itself and the environment in which it operates, it can begin to focus on specific strategic options.