Productivity improvement is essential to survival in a competitive economy today.Unfortunately, while many companies devotes considerable management time and effort to strategic planning addressing such issues as market shares,Product development and technology, relatively few explicitly establish productivity improvement as a strategic objective in many African countries as they strive towards development per the analysis made by the team of xquisittrends.com.
This is a critical Oversight, because the implications of productivity improvement of many organization many equal or exceed those of the more traditional strategic issues.
While productivity merits treatment as a strategic Objective of to consider, it is also typically related to other strategic Objective of the organization.
if growth in market share is an accepted corporate objective, For example should not productivity be a major means of achieving that Object? Many a time, the link is not explicitly made and failure occurs.
Those Organisations that do not recognize productivity as a strategic issue often lack well formulated plans for managing productivity to achieve continuing long term improvement.
Generally, Management views Productivity improvement as a series of annual cost reduction programmes that consists of a number of a number of fragmented, isolated projects.
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