Reflections of a BizDrivenLife

A Technology Entrepreneur Shares his tips on how to win in Business… and in Life!


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I may be a learned scholar, a successful businessman, or a good father and husband, but until I am all three, I have not succeeded. Wilson Ng

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Category:

The Truth About Productivity

December 2nd, 2008 by Administrator

Shared by wilson

They say that quality means consistency. Now they say that productivity is consistency.

I guess there is a point to make that you have to be consistent, and predictable?

According to research published in Forbes Magazine:

“The real key to productivity–and thus performance–is not maximizing it at all costs. It is maintaining a level of consistency.”

Haig Nalbantian, labor economist at Mercer HR Consulting found:

“It wasn’t the companies with the highest productivity that were most profitable. It was those companies that consistently maintained their productivity that built the most value.”

In other words, “great businesses can’t crank through a job at record pace this month only to fall down on the next. Options traders may love volatility, but customers, vendors and shareholders decidedly do not.”

Volatility is an indication of ability to manage (or mismanage). It is another way to view risk.

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