1. productivity

2. Introduction

3. • Productivity means that the
balance between all factors of
production that will give the
greatest output for the smallest
effort. ------peter drucker.

4. Need and importance of productivity.
Better utilistion of resources
Increase in profits

5. Increase in shareholder
wealth.
Improves corporate image
Increase in salary and
wages.

6. Fulfills social
responsibility
Face international
competition

7. Factors affecting productivity.
Capacity and skill of employees
training
level of technology

8. Work environment.
Proper planning.
Unity of command

9. Measures to increase productivity.

10. Better technology
Process re engineer
De centralisation

11. Monetory and nonmonetory rewards
training
Laying benchmarks

12. Difficulties in measuring productivity.
No standard
norm.
Intangible
output
Lack of
proper
records.
Group work.
Multiple
responsibiliti
es.
Inflationary
trends.
Variable
and
inconsistent
output.
Multiple
products.

13. Mmm
• Productivity from factors of production should
help earn sufficient returns
and so be effectively measured.