Productivity is a metric that measures efficiency in producing goods and services. It is often calculated as a ratio of outputs to inputs. The document discusses productivity in various contexts like businesses, employees, customers, and countries. It emphasizes the importance of commitment, planning, and focus to achieve high productivity. The triple bottom line approach encourages firms to consider not just profits but also social and environmental impacts of their operations.
Productivity is a metric that measures efficiency in producing goods and services. It is often calculated as a ratio of outputs to inputs. The document discusses productivity in various contexts like businesses, employees, customers, and countries. It emphasizes the importance of commitment, planning, and focus to achieve high productivity. The triple bottom line approach encourages firms to consider not just profits but also social and environmental impacts of their operations.
Productivity is a metric that measures efficiency in producing goods and services. It is often calculated as a ratio of outputs to inputs. The document discusses productivity in various contexts like businesses, employees, customers, and countries. It emphasizes the importance of commitment, planning, and focus to achieve high productivity. The triple bottom line approach encourages firms to consider not just profits but also social and environmental impacts of their operations.
which commodities or services are produced. Productivity is frequently represented as a ratio of a total output to a single input or a total input used in a manufacturing process. Objectives: • 1.Define the role of the productivity in the service industry.
• 2.Identify how businesses become productive
and
• 3.Create a productivity platform and integrate
some of the best practices in the process. Paul J. Meyer
• " Productivity is never an accident. It is always
the result of a commitment to excellence, intelligent planning, and focused effort. " The Era of the Triple Bottom Line
• Firms should commit to monitoring their social
and environmental effect, in addition to their financial success, rather than only focused on creating profit, according to this business philosophy. The Triple Bottom Line • Economic -Earnings are important to all firms, but those committed to the triple bottom line consider profits in terms of not only what they can do for shareholders, but also how they can serve the larger community.
• Social -It acknowledges the interdependency of all human relationships
and interactions that allow the business to function. This can be manifested in acts such as providing employees with high-quality healthcare coverage and flexible work hours.
• Environmental -It entails specific acts such as the use of renewable
energy sources, the reduction of energy consumption, the safe disposal of harmful waste, and the adoption of a variety of green corporate policies. Service Delivery Productivity
• Creating a win-win situation for both the
organization and its consumers is a key component of efficient and effective service delivery. To accomplish so, a business must offer its customers good value for their money and time. Employee's Productivity • Is a measurement of a worker's or a group of workers' efficiency. Productivity can be measured in terms of an employee's output over a set period of time.
• The following are some of the facilities and benefits that Google employees enjoy :
• 1.Free healthy meals in all of Google's cafes
• 2.Free health care and on-site hospital for accidents • 3.Free haircuts • 4.Use of the gym with swimming pool and indoor climbing wall • 5.Gaming stations to case stress • 6.On-site laundry and dry-cleaning facilities • 7.Subsidized massage program • 8.Napping pads • 9.20% time program employees are allowed to do things that are not related to their regular work or pursue special project during the 20% of their work week period • 10.Educational reimbursement for classes related to an employee's job. Google as a Preferred Employer
• Trust, openness, and treating people fairly to
keep them engaged are all part of the Google employer brand. Customer's Productivity
• is a function of the customer outputs ratio, such
as To consumer inputs, such as experience, consequence, and value. as far as time, effort, and costs are concerned. Starbucks Loyalty Program • They boosted each average ticket by pivoting and utilizing their loyalty program with smooth mobile ordering and tailored and relevant offers.
• Other rewards given by Starbucks to card use are us follows:
• 1.Easily access to new project
• 2.Easily payment through mobile application • 3.Reward items from My Starbucks rewards email • 4.Free drinks or treat on the customers birthday • 5.Birthday coupons for starbucks store • 6.Free refill on coffee and tea Productivity in Asian Countries
• A measure of a country's productivity that
excludes unemployment and weekly hours worked. The total monetary worth of goods and services generated inside a country is referred to as the gross domestic product. Engagement in Productivity
• They are more concentrated and motivated than
those who are disengaged. This means they work more effectively and with the organization's success in mind. Thank you for Listening!!!!