Sample Essay on:
Productivity : Measuring And Improving

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Essay / Research Paper Abstract

A 14 page paper with headings and subheadings. The Introduction discusses productivity management, including Keane's six principles; Measuring productivity discusses five factors and includes comments on Business Process Reengineering; explanation of the Functions of management; the Benefits of productivity on five different levels; and suggestions for improving productivity. Bibliography lists 8 sources.

Page Count:

14 pages (~225 words per page)

File: MM12_PGprdvy.rtf

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Unformatted sample text from the term paper:

everything you wrote because it was longer than the paper requested. We have also added certain information to the paper.] 1. Introduction Productivity management focuses on the greatest return for the least cost. Productivity, in general, expresses the relationship between the outputs of a system, department or entire company and the inputs in terms of different resources. The formula for measuring productivity is: Productivity - Output divided by Input. The level or productivity will change when either the output or the input changes. There is a caution here, though. An increase in output in itself will not necessarily result in an increase in productivity. Such an equation would require a smaller increase in inputs. In other words, productivity increases if output is increased while inputs have decreased. If the same increase seen in outputs is also seen in inputs, productivity is not increased. When a company is successful in its use of a specific strategy, such as TQM (Total Quality Management), it is important for that company to understand that they cannot stop working to improve and increase their level of productivity. In fact, TQM is based on continuous improvement - ALWAYS. The organization does not stop trying to improve just because they have reached some plateau. Keane said there are six principles involved in productivity management, which are: 1. Define the job in detail (Project Management Institute, 2003). 2. Get the right people involved (Project Management Institute, 2003). 3. Estimate the time and costs (Project Management Institute, 2003). 4. Break the job down (Project Management Institute, 2003). 5. Establish a change procedure (Project Management Institute, 2003). 6. Agree on acceptance criteria (Project Management Institute, 2003). Productivity is always an issue with every organization. Many organizations fail when they try to increase productivity. According to Klempa ...

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