Wednesday, September 06, 2017

Invest in People

A young man is a theory; an old man is a fact......... Edgar Watson Howe

It’s not money that’s in short supply; it’s good growth ideas.
Who has these inspirational ideas that we translates into productivity-driving innovations?

People do.
Reinvesting in people could unlock new levels of labor productivity for cities and companies around the world

An inspired employee is twice as productive as a satisfied one
The average, manager has less than seven hours per week of uninterrupted time for deep reflection.
They spend the rest of their time attending meetings, sending e-communications that lead to employee burnout

Companies should seek to systematically eradicate organizational drag — all the internal complexity that leadsto inefficient and ineffective interactions. Leaving managers more time for deep thinking that unlocks innovation with significant impact on productivity.

For instance Toyota Production System use Kaizen events to improve productivity on the manufacturing line.
They pull workers off the line while giving them time and space to make processes
leaner and to devise innovative work methods

See You at the Top