What factors might cause costs for an organization to misalign with productivity?
Productivity is usually calculated as the amount of output per employee.Costs for an organization include both personnel costs and non？personnel costs.Increasing productivity would seem to align with lowering costs. But this is not always the case. For example, by automating functions a company can increase productivity but due to the cost of the automation, total costs may go up instead of down. As another example, running an assembly line faster may seem to increase productivity, however increased errors in the products may impose costs in excess of the productivity savings.
Related Q&A：
What is personal productivity ratio？Well, let me tell you, the personal productivity ratio is basically a measure that shows how effectively and efficiently you're using your time and resources to get things done. It's like a way to figure out how much output or results you're generating compared to the effort and time you put in. For example, if you can complete a bunch of tasks in a short amount of time without sacrificing quality, that means you have a high personal productivity ratio. Oh, and it can vary from person to person and depending on different activities or jobs. But basically, it helps you understand how productive you are and if there's room for improvement, you know?
