us go a little bit deeper into the advantages of improving labour productivity.
productivity depends on solely the efficiency of the labour. Therefore,
improving the efficiency of the labour through relevant training leads to
productivity helps economy grow. We saw how improved productivity of a labour
gets more output from the same input.
From the same quantity of raw materials, the efficient worker now is
able to produce more finished products, say 5 shirts, than what he used to do,
producing 4 shirts only. Making 5 shirts from the same quantity of raw
materials help the organization to have greater output from the same input. It
means, from the same quantity of raw materials, now 5 people can have shirts
one each, just to illustrate. If you extend this fact to all the workers at a
given period of time, we can see that improved productivity satisfies more
people though from the same quantity of raw materials.
question now is ‘How to improve productivity?’
have pointed out simple methods to improve productivity. First, you must know
how much time you spend every day at work. It does not talk about your regular
working hours which are specific indeed. Apart from this regulatory
stipulation, you have to know how many hours you are at work. Having known
about it, you must take some regular short breaks like tea or just browse
through some websites randomly or websites of your choice subject. Just five or
six minutes away from the actual task, say, after two hours of hard work.
Indeed, the energy levels keep changing from individual to individual.
say that such small breaks increase the productive performance rather than, as
popular idea is, decrease it. Finish off the small tasks at a stretch without a
break. For example, if you require 2 or
5 minutes to complete a task, it is better you do it without break; they say if
you take a break and come back to the task, actually it takes more time to
complete it than the usual time. You have to minimize interruptions. These simple ways improve your productivity.
Improved productivity is important for any organization because it uses the
resources fully effectively and keeps the employees happy. A happy employee tends to be more productive
and the more an organization produces, the more profit it earns, thus improving
the financial position of the company; in turn, the greater is the number of
profit-making companies, the greater is the growth of the nation’s economy.
business activities, thus, gain supreme significance in both the regional and
national context. It is essential therefore
that all companies must take efforts to improve their business so that
ultimately they help the nation build a strong on-going economy which, in turn,
places the nation in a competitive position internationally.
Having seen the importance of improving
productivity as an integral part of production planning, we shall proceed to
the next step in production planning in our next session: To assist the company
in capturing the market.