Productivity is a hot topic. We are constantly seeing messages that we need to improve productivity to give the country a competitive edge in the global markets, increase GDP etc. True, but what can we do at that high level? Let's focus on what we can control – our own business.
This session will comprise a presentation of a real-life example of how a company was able to motivate all of its employees to improve its productivity, leading to increased profitability, happy shareholders and happy employees! At its core was the use of a key financial performance indicator, the Added Value Ratio, to provide a stimulus and a reward for the behaviours to drive the improvements in productivity.
The presenter is Stephen Westwood, a highly experienced businessman and who was the financial director of the company in question. The presentation is based on his recent book “Optimising Productivity In Your Business – Your 10 Minute Guide”, which is available as an eBook on Amazon Kindle - https://www.amazon.co.uk/dp/B0D94HWZ83.