Productivity Is A Higher Priority, But Which Initiatives Really Work?
Source: American Management Association
In the good times, your organization probably doesn't worry about productivity quite as much. It's important but not necessarily crucial. After all, in the good times, your organization's cash flow is positive and, as a manager, you're probably more concerned with hiring and retention than with getting the most out of every worker and team. When times get tougher, however, productivity tends to become an overriding priority. Your organization has to get the most out of every resource, even while cutting nonessential costs.