Action options

There are three main options for making big productivity improvements:

• 1. Short term  = Cut waste

  2. Short/ Medium term = Optimise existing mix of costly resources and methods used

  3. Longer term = Invest in new skills and technology

• Options 1 and 2 should be conducted on a regular basis – they are not restricted by any need for significant financial resources

• Not so Option 3 – major capital investment in new/ better equipment or technology may be vital to ensure an organisation’s very survival – however, it also offers scope for unlimited improvement, unlike Options 1 and 2