Productivity…What is it? Productivity is defined as outputs divided by inputs. Measuring the productivity of an organization is done the same way. For example, the productivity of a business is defined as sales divided by expense, or revenue divided by costs. It is this equation that led Gary Hamel to coin the term, “denominator manager.”...Read More
There are multiple parties with a stake in the success of any organization. Businesses, for example, all have at least these five: customers, employees, owners, vendors, and the various communities to which they belong. Now, allow me to put forth a principle: When an organization (a government, a business, a union, a charity, a religion,...Read More