The Role of Productivity Measurement in Strategic Planning

Productivity, as a concept, has matured enough for many organizations to allocate personnel along with sizable training and capital improvement budgets. Despite these efforts, many hopes to improve productivity will not be realized because strategic plans do not consider future productivity issues....

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Bibliographic Details
Published in:Industrial management (Des Plaines) 1986-03, Vol.28 (2), p.24
Main Author: Thor, Carl G
Format: Magazinearticle
Language:English
Subjects:
Corporate planning
Long term planning
Productivity
Productivity measurement
Strategic planning
Online Access:Get full text
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Summary:Productivity, as a concept, has matured enough for many organizations to allocate personnel along with sizable training and capital improvement budgets. Despite these efforts, many hopes to improve productivity will not be realized because strategic plans do not consider future productivity issues. Productivity measurement is often stuck at the micro level because of disputes over who is responsible for it at the macro level. Questions arise as to whether this task should be given to the industrial engineer, the accounting staff, the planning department, or the human resources department. It is necessary for top executives to transcend the issue of who owns productivity and its measurement and declare productivity an important aspect of the organization. It is recommended that an organization introduce total productivity models at the profit center level where control over factor trade-offs resides.
ISSN:0019-8471