What is Productivity? “A measure of the efficiency of a person‚ machine‚ factory‚ system‚ etc.‚ in converting inputs into useful outputs.” How to increase business productivity? Management can take following steps to increase business productivity. Reduce cost of production: By reducing cost of production we can increase productivity of our business. We can sell our goods at low price that will increase our sales that leads to high profitability. Increase production: Increase production will
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employees has been gaining steady importance because of its pivotal role in providing a link between improved performances and enhanced productivity. To achieve its goal and objectives‚ an organization needs among other things‚ a fully motivated workforce. A work force that perceives the organization as a medium through which personal goals could be achieved and the same time achieving the organizational goals. To feel motivated‚ employee sources of satisfaction should be commensurate with organizations offers
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European Journal of Social Sciences – Volume 7‚ Number 1 (2008) Impact Assessment of Business Process Reengineering on Organisational Performance Mrs. Adeyemi‚ Sidikat Department of Business Administration‚ Faculty of Business and Social Sciences University of Ilorin‚ P. M. B. 1515 Ilorin‚ Kwara State‚ Nigeria E-mail: sidiadeyemi@yahoo.com Tel: +234 8054451111 Mr. Aremu‚ Mukaila Ayanda Department of Business Administration‚ Faculty of Business and Social Sciences University of Ilorin‚ P. M. B
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CHAPTER ONE INTRODUCTION 1.1 Background to the Study Planning has both been an organizational necessity and a managerial responsibility. Since no organization is free from change‚ all must plan effectively for survival and growth. We may define planning as the activity by which managers analyze present conditions in order to determine ways of reaching a desire future state. It is a process‚ rather than behavioural of a given point. Strategic planning is a systematic objective and comprehensive
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1 SERVICE INDUSTRY Measuring Productivity and Performance in Service Industry Term Paper 2012 SERVICE INDUSTRY 2 Table of Contents 1. INTODUCTION ........................................................................................................................... 3 2. PRODUCTIVITY MEASURES ....................................................................................................... 4 2.1 India: The Growth Imperative .……………………………………………………………………………………….4
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personality. Trait theory is based on several assumptions. The first of many trait theory assumptions are that any difference between people that is seen as significant will have a name. These names‚ known as traits‚ are conceived of as continuous dimensions. Trait theories assume that people vary concurrently on a number of personality factors. These traits are of both the conjunctive and disjunctive form. To understand a trait‚ it is necessary to understand what a particular trait is and what
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A CAUSAL MODEL OF ORGANIZATIONAL PERFORMANCE W. Warner Burke and George H. Litwin One might argue that the world does not need yet another organizational model. However‚ the purpose of this paper is to argue the opposite: a functional-cause-andeffect model based on sound research‚ theory‚ and organizational consulting experience can contribute both to scholarly usefulness and to a general understanding of organizations. Organizational models that do little more than describe or depict are frustrating
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This essay will give the main points of the effect of organizational structures on performance. It will define the term “organizational structure” and present the positive and negative effects of these structures on performance. This essay will address how structures determine procedures and rules by which are regulated human behaviour‚ its role in determining relationships in hierarchies and the importance of roles and expectations in directing employee behaviour. It will also underline the distinction
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Performance Excellence and Organizational Change CHAPTER Performance Excellence Profile: Park Place Lexus1 At its two locations in Piano and Grapevine‚ Texas‚ Park Place Lexus (PPL) sells and services new and pre-owned Lexus vehicles‚ and sells Lexus parts to the wholesale and retail markets. PPL is part of the family of Park Place Dealerships (PPD)‚ which includes eight dealerships with 12 franchises. In 1994‚ PPL began benchmarking business practices outside of the automobile industry
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Identify the strategic objective of the plan. The purpose of the plan of moving to a pay for performance reward system is to facilitate recruitment‚ retention‚ and motivation to result in improvements in organizational performance. The strategic objective of the plan is to bring the entire organization together to focus on the goals and performance of individuals. Identify what people should be involved in the implementation. I believe that supervisors‚ HR professionals‚ trainers‚ and employees
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