What scope to improve?

In G7 nations, the evidence suggests there are many more organisations performing below rather than above the median

Not only that:

• 80% never seek to improve by much at all

• Most of the other 20% only target the next performance level up and, once that is achieved, elect to stick

The fact is that most G7 organisations, across both public and private sectors, could improve their productivity levels by at least 20%, many by much more

However, most seek paltry 1% or 2% improvements at best, and their managers are happy if they achieve them

This attitude costs nations big-time

A 20% productivity improvement across all sectors could translate into a saving of at least 20% of a nation’s GDP

For the UK alone, this would be an annual saving of at least £300 billion each and every year