4Ps for Soaring Productivity in 2017
As 2016 draws to a close, the sights, sounds and tastes of Christmas fill our senses, many of us in business find our minds inevitably turn to the year ahead. What changes and improvements can we make for those all important Productivity gains in 2017?
Lloyds Survey: Understanding the Puzzle
In a recent survey of 1500 UK businesses by Lloyds Banking Group, 58% saw productivity growth as a problem for the UK economy. However, only 25% saw it as a problem for their business as a plan was in place to improve productivity.
As Nobel winning economist Paul Krugman once wrote, “productivity isn’t everything, but in the long run it is almost everything".
In the survey, three of the key areas which affect productivity growth are:
with skill shortages seen as the biggest barrier to growth. Have you got the right plans in place to address these areas?
- Skill shortages
Facing the challenge
Our blog post on the 4Ps for productivity growth looks at four focus areas for growing productivity, and at how Andy Murray put them into practice in 2016 to achieve world #1 status. So take a read and start planning your growth in 2017.
If you're looking for some more tips and ideas for your business, our Advent calendar is just the thing. Based on the 4Ps theme, each day you'll have a powerful idea for productivity growth. Why not visit now for today's idea.
Free New Year Health Check
The challenge in our businesses is to have the right plans in place. If you would like a free hour consultation to look at your current plans, then get in touch today.