NAME : MAYUR RAJU MOHANKAR

COLLEGE : RIGIONAL LABOUR INSTIUTUTE ,

NAGPUR

ROLL NO : 13

SUB : ORGANISATIONAL BEHAVIOUR

ASSIGNMENT NO.1
Productivity :
1.“A measure of the efficiency of a person, machine, factory, system, etc., in converting
inputs into useful outputs.Productivity is computed by dividing average output per period by
the total costs incurred or resources (capital, energy, material, personnel) consumed in that
period. Productivity is a critical determinant of cost efficiency.”

2. Labour Productivity : “Labor productivity measures the hourly output of a country's economy.

Specifically, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.

Growth in labor productivity depends on three main factors: saving and investment in physical

capital. new technology, and human capital.

Formula :
 Productivity measures the efficiency of a company's production process. It is calculated by
dividing the outputs produced by a company by the inputs used in its production process.
Common inputs are labor hours, capital and natural resources, while outputs are generally
measured in sales or the number of goods and services produced. Productivity can be
calculated by measuring the number of units produced relative to employee labor hours or
by measuring a company's net sales relative to employee labor hours.

Productivity = output / input

In other way ,

Productivity = total value of work / total hours worked

What are the components taken into considaration while
calculating productivity ?

 Automation
 Best practices
 Efficiency
 Flow
 Goal setting
 Innovation
 Knowledge acquisition
 Motivation & energy
 Prioritization
 Quality assurance
 Recycling
 Reflection
 Sharing
 Skill acquisition
 Specialization
 Tactics
 Tools
which industries predominantly focus on calculation of productivity ?