Warren Buffett, stock-picker extraordinaire and CEO of Berkshire Hathaway, is one of the richest men in the world – his words are invariably ‘pearls of wisdom’ His optimism contrasts well with the pessimism of his fellow-countryman Professor Robert Gordon who claims progress, and so prosperity, has peaked A precis of a recent bullish article by …
Category: 01. Overall
Oct 09
Future wealth will be different
- By Dick-Smythe-10151 in 01. Overall
There’s a world of difference between material and mental worlds The human race has reached a watershed, a tipping point, between the two where the mature benefits of the former seem to be peaking whilst the early benefits of the latter are rapidly taking hold So how do we differentiate between them? Material wealth = …
Sep 04
Why chase productivity improvement?
- By Dick-Smythe-10151 in 01. Overall
1. Productivity improvement (PI) at national level has the following aims: To improve the standard of living (SoL) of all in the land, mostly by producing more and better material goods and services at more affordable prices whilst using fewer limited and so costly resources To increase the number, quality and rewards of jobs for …
Jul 17
Productivity sure aint ‘dull’
- By Dick-Smythe-10151 in 01. Overall
The following is a letter sent to the Sunday Times on 17 July, 2017 following an article by Andrew Marr, the broadcaster and journalist, which concludes that ‘productivity is dull’ Productivity has transformed the lives of most people in the UK What were luxuries for a select few a mere 100 years ago, if they even …
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Past Posts – 1. Productivity overall
- ‘The Lords’ pronounce on Productivity!
- The Urgent Need for a Plan to Boost National Productivity
- Has G7 productivity peaked?
- A Forthcoming Productivity Boom?
- ‘Chat GPT 4.0’ reveals how any nation can improve productivity
- Productivity optimism
- A productivity ‘cocked hat’!
- Technology is not enough for productivity that matters
- State of the Global Workplace: 2023 Gallup Report
- £300 bn annual UK saving ignored!
- Billionaire investor warns inflation to curtail gains
- The coming productivity boom
- Pandemic provides unexpected boost to UK’s productivity prospects
- How to solve the puzzle of missing productivity growth
- How We Work Has Changed Forever
- The Silver Lining of 2020*
- Something more to look forward to in 2021
- Debt may be cheap, but the UK’s poor productivity will cost us dear
- Why Software Won’t Eat The World
- CV-19 provides a giant leap for creative destruction
- Ridding ourselves of the productivity fetish will help us combat climate change
- Covid-19 kickstarts gigification of knowledge work
- Rebuilding the Economy Around Good Jobs
- Piketty tackles inequality
- Three Factors Of Successful Companies
- Mentalism overtaking Materialism
- Economists’ information gap
- The evolution and future of productivity
- Deaf ears encore une fois
- The future is mental
- Buffett bullish on the future
- Future wealth will be different
- Why chase productivity improvement?
- Productivity sure aint ‘dull’
Past Posts – 2. Scope to improve
Past Posts – 3. The Productivity revolution
- Inherited inequality
- 21C to be greatest century in history
- A short history of productivity improvement
- International trends in main sectors
- Immortality and galactic living beckon?
- Future lives of leisure, not work?
- Inequality is on the move
- The Fourth Industrial Revolution
- Five forces to reshape civilisation by 2030
Past Posts – 4. Productivity drivers
- ‘Invest in Research’ – The Times
- AI – the ‘as yet’ unmeasured productivity input
- AI – Avoiding the ‘Turing Trap’
- More Talent, More Productivity
- Management mostly determine productivity levels
- Why AI may fail to unlock the productivity puzzle
- ‘Effective Executives’ by Peter Drucker
- Why is HR going ‘under the radar’?
- How To Win? – Manage well
- AI offers a massive uptick in productivity growth
- Will AI be good for workers?
- Altman updates ‘Moores Law’
- AI – Generative AI
- The price of poor managers
- The metaverse is next
- AI – Seven AI apps beyond ChatGPT
- AI – Ways to use ChatGPT
- AI – ChatGPT – The next big thing?
- AI – ChatGPT – The next General Purpose Technology?
- An AI productivity boom is coming
- A short history of jobs and automation
- Many ways to stuff up productivity
- Entrepreneurs – Naturally More Productive
- AI and productivity
- The Pandemic Is Widening a Corporate Productivity Gap
- The future of work?
- WFH results = Productivity Up, Innovation Down
- AI will unlock USD 15.7 trillion in global productivity by 2030
- How much does bad management really cost the UK?
- Are You Leading Through the Crisis … or Managing the Response?
- Can COVID-19 solve the UK productivity puzzle?
- AI promises huge productivity gains for financial services
- AI, the future of work and inequality
- AI increases productivity
- New technology needs new models
- Gallup’s ‘most profound’ finding
- Catching the right fish
- Invest more to raise productivity
- The skills delusion
- AI will automate tasks, not skills
- Hire better managers
- Competition drives innovation
- New technology for improved productivity
- Absentee leaders are worst of all
- Winners and losers with AI and robotics
- AI pluses versus minuses
- Has innovation really peaked?
- AI to spark a new productivity boom?
- Business schools are failing the nation
- UK management skills lacking
Past Posts – 5. Productivity improvement process
- Wasted Productivity Opportunities!
- 5 Steps vital for Productivity Improvement
- Bains address organisational productivity
- Civil Service should stand on past shoulders
- Public sector waste
- Wokism against climate change
- How to Answer America’s Productivity Slump
- The Occam’s Razor Of Productivity
- Billionaires reveal their secrets
- Effective change management
- Help for SMEs to get practical
- Be single-minded
- The ‘Unipart Way’
- Vanguard lead way for big improvements
- Basic steps to big improvements
Past Posts – 6. Corporate plans
Past Posts – 7. Cardinal measures
- Dangerous Numbers?
- Why do we still measure things in horsepower?
- It’s time to redefine workplace productivity
- Microsoft software criticised as workplace surveillance
- Small Businesses measure up differently
- US views on employee performance measures
- Current measures have huge gaps
- Measure what you need, not what you can
- Tesco’s ‘Steering Wheel’
Past Posts – 8. Financial cardinals
Past Posts – 9. Customer cardinals
Past Posts – 10. Productivity & Waste cardinals
- Baumol’s Cost Disease explained
- Counting hours worked isn’t cutting it anymore
- Knowledge workers are more productive from home
- Potential £145bn productivity boost for UK economy
- The ‘Circular Economy’ to boost national productivity
- It’s output results, not input hours, that matter
- Organisation productivity measurement
- Current NHS productivity measurement
- Waste murders productivity
- Current productivity fog
- Aggregation hides info needed
- Work hard or work well?
- Waste leaves productivity dead in the water
- Misleading research metrics
- More demand, more productivity
- Steel industry productivity
- Micro and Macro productivity
- SoL and QoL outcomes sought from productivity
- Scanning the productivity horizon
- Why only labour productivity?
- If productivity so vital, why not measured?
- Myths about productivity?
Past Posts – 11. Employee Motivation cardinal
- Chainsaw management doesn’t work
- Productivity of Teams – Google’s ‘Project Aristotle’
- Corporate Codswallop!
- “Life is unfair, get used to it” – Bill Gates!
- Worker happiness – Hitachi gets it
- Profit Share for a Productivity Rise
- Germany trials a 4DWW amid labour shortage
- Team Morale Is Vital
- How to run a business – Lord Wolfson
- Well-being matters – a lot
- Wellbeing – Why Does It Matter?
- How becoming a kinder version of yourself boosts productivity
- How to boost productivity with ‘Autonomous Motivation’
- Collaboration Overload Is Sinking Productivity
- Prioritise employee wellbeing
- A 5-hour workday is most productive?
- Don’t Underestimate the Power of Kindness at Work
- Flexible work schedules are attractive to many remote employees.
- Now is the time to embrace a four-day workweek
- Tolerance is good for all
- The post-pandemic world?
- Covid -19 should make ‘working from home’ the norm
- Mavericks don’t fit straitjackets
- Wasting time is not wasted time
- At work but not working
- The Secret Sauce for productivity?
- Ethical capitalism
- Where measuring engagement goes wrong
- Productive recidivists
- 4 day weeks to boost productivity
- A famous fire that changed workers’ rights
- Unmotivated workforces cost $7 trillion, annually!
- The bullsh**t job phenomenon
- Time to change time at work
- Low productivity for low wages – and vice versa
- Flexi-time and flexi-places of work
- Work hard, then play hard, for best results
- Employee engagement drives productivity?
- Lifestyle changes are on the move
- More job satisfaction, more pay!
- Depression costs billions
- Core human needs at work
- Remote working
- Wages up, demand up, productivity up
- Happiness at work
Past Posts – 12. Corporate Knowledge cardinal
- Beware Group-Think!
- Boost your productivity … do absolutely nothing
- Why are some countries rich and some poor?
- Is everything preordained?
- Leonardo paints knowledge path
- Current knowledge levels
- Knowledge measures needed
- National knowledge Indices
- UK skills shortages
- Are we equipped for the digital revolution?
- Train in what employers need, not what employees like
- Knowledge ladders
- Skills mismatches, training failures
Past Posts – 13. Targets
Past Posts – 14. Productivity Analyses
Past Posts – 15. Special improvement projects
Past Posts – 16. Organisation level improvement
- The Wasted Alumni Workforce!
- McKinsey on DoGE actions
- Musk’s ‘Productivity Improvement Process’
- ‘Growth, Growth, Growth’ – but in what?
- Cockeyed pay levels!
- Your country needs the ‘Over-50s’!
- NHS Productivity
- Public service productivity?
- The NHS’s productivity conundrum
- NHS – ‘The Times Health Commission’ recommendations
- NHS – Measures needed?
- An ‘AILING NHS’?
- UK Civil Service expansion ended whilst quality of services to rise!
- German army efficiency grid
- WFH – A clash of productivity and morality?
- The problem is the rest, not the best
- Big Bad Data Is Sapping Your Team’s Productivity
- Elon Musk’s rules of ‘insane productivity’
- Stretching police productivity
- Increasing productivity won’t lead to higher wages, it’ll just increase corporate profits
- Why Isn’t New Technology Making Us More Productive?
- The ticking time bomb at work
- Unions can be good for labor and business
- Five Days a Week in the Office? It’s Better for Everyone.
- Your boss wants to boil you slowly like a frog
- The COVID ‘productivity boom’ is a myth
- Employers want workers in the office for the company culture, not productivity
- The rise of intangible capitalism
- Having the power to put a spanner in the works pays very well
- Digital Solutions empower the employee experience
- 4 reasons hybrid offices won’t work
- History tells us what will decide whether we work from home in the future
- World’s largest trial of a shorter work week
- A government review of social care
- Long-term planning for remote work
- COVID brings productivity into sharp focus
- Are office clusters as crucial to productivity as they once were?
- How a Fully Distributed Company Keeps Its Team Engaged
- Chinese Companies’ Response to Covid-19
- How to make ‘remote work’ more productive
- Office productivity
- A shorter work week?
- M/S says “Remote working is here for good”
- Will the Pandemic make us more productive?
- A pandemic positive!
- Important trends for SME productivity
- Beware ‘snooptech’
- Wealth gains and distribution
- The perfect working environment?
- UK manufacturing to become ‘smarter’
Past Posts – 17. Process level improvement
- The key to solving the NHS productivity puzzle
- Workers become happier, more productive with AI assistance
- It’s not process that matters, it’s content
- Don’t fear robots
- Could AI solve the UK’s productivity problem?
- Capital Spending Boom Helps Raise Productivity
- Automation – friend or foe?
- Busy but not productive?
- Why Computers Didn’t Improve Productivity
- How Artificial Intelligence Will Shape Our Future
- Looking To The Future: Redefining Work
- Improve Productivity By Getting Better At Being Better
- Dramatically improve customer service so as to cut costs
- Why working from home is bad for productivity
- Coaching Your Team Through Uncertain Times
- How to boost office productivity
- Process productivity decided by humans
- Boeing seek at least 20% improvements, not 1-4%
- ICT for processes – Pearls from Gates
- Sheffield’s answer to the puzzle
- Beware taking the IT plunge
- Outsourcing and immigration have downsides
- AI will create millions of jobs
- Economic impacts of automation
- IoT to transform many processes
Past Posts – 18. Task level improvement
- The Waste of Valuable Time
- Warren Buffett’s lesson for productivity
- Meetings are a productivity killer
- Extra task performance measures
- Robots at Work
- Failure demand
- Groupthink waffle or results needed
- CBI calls for more companies to use digital technology
- Robots to transform Education
- AI becoming mainstream in Retail
Past Posts – 19. Continuous improvement – CI
Past Posts – 20. National productivity
- Defence productivity
- Top-level Productivity Inaction!
- Civil Service productivity?
- McKinsey helps solve Public Sector Productivity Puzzle
- Britain’s productivity crisis
- Growth of UK jobless and public sector!
- Tackling the UK’s Productivity Challenge
- Productivity v Growth?
- An unaffordable public sector?
- Available but Unused Armies for Productivity!
- “Not another” public sector productivity drive!
- Can Labour really get Britain growing again?
- Local Government to produce ‘productivity plans’?
- Does Britain need a new public body to spur productivity?
- “Does anyone even understand productivity?” – The Critic
- UK Civil Service expansion ended whilst quality of services to rise!
- Productivity relatively ignored!
- Brexit, strikes and labour shortages
- Our productivity problem may not be as bad as it looks
- Stalling UK wage growth costs £11,000 a year
- How to narrow the UK’s productivity gap
- Government waste!
- Are French People Just Lazy?
- Public sector productivity – TPI reports
- Train in Vain?
- Ditch ‘costly, restrictive’ skills list for migrants to help speed up economy
- Computer Saturation and the Productivity Slowdown
- Turning Around The Productivity Slowdown
- Britain faces crises in energy and productivity
- Wealth of nations via TFP?
- Inflation: there’s a vital way to reduce it that everyone overlooks – raise productivity
- Productivity is key to “levelling up”
- Sunak’s economic growth philosophy
- Britain’s productivity has been battered by the scarcity of affordable homes in cities
- A brief history of GDP
- Productivity down under
- Clusters to level up UK
- Weak investment, innovation and management hamper UK productivity
- The British Government’s approach to the economy’s productivity problem needs a rethink
- Low-paid migrants are no answer to labor shortages
- Who Will Win and Lose in the Post-Covid Economy?
- Britain is running out of new ideas and it’s killing productivity
- High productivity figures pre-Covid masked some underperformance
- Back to dreary normal?
- £300 million to boost UK manufacturing productivity by 30%
- Academics to boost productivity growth and level-up living standards
- Next CBI boss finds ray of hope in coronavirus crisis
- CBI a closed-shop for McKinsey alumni?
- Pandemic offers a productivity boost?
- Financial data can be ‘dangerously misleading’
Past Posts – 21. Global productivity
- QoL trumps SoL
- ‘Global Productivity Components’ – MGI
- Is GDP/L the best productivity measure we’ve got?
- IMF budgets for growth
- Climbing the global productivity ‘S’ curve
- Productivity leads to prosperity
- World Bank says ‘global economic growth is nearing a speed limit’
- TFP = ‘Mix & Methods’, not ‘Magic Fairy Dust’
- Australia’s Productivity Commission has a 5 year productivity plan
- ‘Ocean forests’ counter global warming
- It’s time for business to end its Faustian pact with autocrats
- Faster productivity growth would solve many problems
- How does South Korea surpass Japan in real GDP per capita?
- How can technological innovation mitigate climate change?
- Productivity After The Pandemic
- U.S. May See Post-Pandemic Productivity Surge
- Productivity is almost magical, but don’t forget the side effects
- Four-day week could boost jobs in Spain
- France planned to reverse globalisation but is still bleeding jobs
- The post-pandemic brave new world
- Is the pandemic making us more productive?
- How Fed Policy Is Wrecking the Economy
- How to reverse the productivity slowdown
- 5 Questions About China That Boards Should Be Asking Right Now
- Will companies shift from China to India?
- Coronavirus statistics: what can we trust?
- The economic impact of CV-19?
- CV-19 kick starts new mentalist era
- Capitalism or Communism?
- BIF drains, not lines, national coffers
- 2020 foresight for fossil-free energy
- Productivity stagnant despite global stimulus
- All nations need a National Productivity Centre
- Protectionism ensures slower growth
- NZ shows way for public sector productivity
- Communism versus Capitalism
- UK works longer hours than EU
- Energy is unlimited
- Free trade is good for all nations
- Global recovery good for others too
- NZ Productivity Commission slams their public sector
- What do the East want from the West?
- Japan falls down productivity ladder
- How does Germany beat UK at productivity?
- Productivity Commission (Aus) shows the way
- Dismal productivity trends need not continue
- Cheap labour slows productivity growth
- National productivity positions built on sand
- Low Australia productivity affects all, not just a few
- Wage levels versus Productivity