The Taiwan government is planning to spend NT$36 billion (US$1.12 billon) over the next nine years as part of its Productivity 4.0 project to elevate Taiwan's status in the global supply chain, Taiwan president Ma Ying-jeou said recently. Over the period, the government will spend NT$4 billion (US$124.4 million) each year on electronics/information technology, metals,
All companies have limited funds to invest in new projects. (Well, perhaps Apple has all the money it needs.) And this inevitably means that those companies have to prioritise certain projects over others. Unfortunately too many firms seem to concentrate on physical assets -new buildings, new technology, new equipment - and forget about new knowledge
WCPS has signed a Memorandum of Understanding with JAFCON Ltd of Bahrain to host a World Productivity Congress in Bahrain in 2015. The picture shows John Heap, President of WCPS signing the agreement with Mr Ebrahim Radhi, representing JAFCON.
Businesses seem to be unwilling to invest in new facilities and even new skills for their employees. I think part of the reason is that investors have become used to the rollercoaster of the tech boom and bust cycle. On the one hand, many expect new technology to keep arriving and providing them with relatively
Last week I talked about the problem of national productivity measurement when we fail to count lots of 'intangibles. Musing further, I got to thinking about companies like Google and Yahoo who give away many of their services for free (at least to the end user at point of use). Google and Yahoo put lots
The Board of WCPS met in New York to finalize plans for the forthcoming World Productivity Congress in Halifax, Nova Scotia, and to consider a proposal to hold the next Congress in Bahrain in 2016. This proposal was approved and the Board looks forward to taking the Congress to the Middle East for
In a recent paper, the governor of the Central Bank of Barbados said that even though Barbados is relatively prosperous as a Caribbean nation, it will only move up the international 'league table' by improving its labour productivity. He then suggested that this is difficult because only about 30% of the Barbadian workforce feels fully
In small businesses low productivity is rarely the fault of the workers - it is because the owner/manager has not set up production processes properly -or has failed to manage them effectively. Too many owner/managers want to micro-manage ... they see their job as 'keeping on top of things'. It is - of course... but
There has been discussion on the Productivity Futures LinkedIn group this week discussing whether productivity and innovation are natural enemies or bedfellows. Of course I chimed in - well, I can't resist - and my view is that real productivity development - revolutionary rather than evolutionary - is unlikely without innovation. Innovation can transform productivity.
I have started this blog before with words such as ..."I read a survey the other day..." Sometimes reading the results of these 'business surveys' can be interesting .. but too often it seems the results are so obviously in favour of the organisation who commissioned the research. I read a survey the other day