Does it make you happy?

By |2020-03-19T22:44:55+00:00March 26th, 2016|

A number of agencies, and even countries, have attempted to create measures of 'happiness' - as an alternative to using GDP to value the work undertaken by people. This needs further work - but shows some promise. Lots of activity is currently not 'caught' in official GDP figures.  The work of volunteers, for example ...

Level?

By |2020-03-19T22:44:55+00:00March 19th, 2016|

The UK Office for National Statistics has just issued time series data for labour productivity across a number of years and for a number of sectors.  Quite interesting (for productivity nerds like me) but ultimately unhelpful in so far as the level of aggregation is so high that it has no effect on behaviour or

First Bahrain

By |2020-03-19T22:44:55+00:00March 12th, 2016|

Some of you will now that I have been in Bahrain for the last week helping prepare for the World Productivity Congress which will be held here in November. (see worldproductivitycongress.net for details.) Conversations obviously covered the productivity of Bahrain and its move towards becoming a post-oil economy.  Lots of Bahrainis look at Dubai as

I know I should keep out of politics but …

By |2020-03-19T22:44:55+00:00March 5th, 2016|

I am not a political animal - except insofar as I think I understand the role of government in creating the infrastructure required for productivity development (and have offered advice to quite a few governments over the years).  However, I must day that I am astonished by the current political scene in the USA. The

Race to the Bottom

By |2020-03-19T22:44:55+00:00February 27th, 2016|

The UK languishes at the bottom of most productivity league tables.  We seem to be a low skill, low performing country.  Lots of 'good' jobs have been taken out of the economy and replaced with part-time, low skill employment.  The UK must start to invest in skills - and skill-based employment sectors.  Otherwise it will

Knowing Why precedes knowing How

By |2020-03-19T22:44:55+00:00February 20th, 2016|

India has the highest population of livestock in the world and produces a whopping 147 million metric tonnes of milk, a number also  unsurpassed by any other country. However,  when it comes to productivity, it is way behind most other nations -  Israel’s productivity is 10 times greater. India is starting to realise what it

What do you want?

By |2020-03-19T22:44:55+00:00February 13th, 2016|

I saw a piece on the web the other day that suggested that sensible, progressive governments should offer incentives to organisations to improve their productivity. But organisations surely want to improve their productivity because it reduces their costs, improves their performance and competitiveness and improves their profits. If this is not enough of an incentive,

Are we really so bad?

By |2020-03-19T22:44:55+00:00February 6th, 2016|

The UK continues to languish behind the rest of the G7 in terms of its quoted productivity performance - yet my personal experience is that performance of the UK labour force has risen remarkably over the last few years.  This suggests that either I am mistaken (certainly a possibility as mine is only anecdotal evidence)

Look inward – and be ready

By |2020-03-19T22:44:56+00:00January 30th, 2016|

The world is getting into another economic mess as it reacts to slowing growth in China. However, countries in the West should look to their own performance. I know China's slowdown means there is less demand for Western goods and services ... but this means that now is a good time to concentrate on building

… and who executes

By |2020-03-19T22:44:56+00:00January 23rd, 2016|

I talked last week about the need to think about key issues well in advance of them coming to pass. (The example I used was driverless cars saying we, collectively, should be thinking now about the algorithms used to determine the action the car's systems should take in the event of a potential accident -

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