The EIU’s report finds that managing human capital is considered the most important factor in improving productivity, but the challenges in getting more from employees differ by region, reflecting the experience of companies during the recent financial crisis.
- Companies are generally optimistic that they can further increase productivity.
- Managing human capital is seen as by far the most important means of improving productivity.
- Functional training is seen as a key tool for improving productivity.
- Companies have yet to fully capitalise on the productivity potential of technology.
- There is scepticism about the productivity impact of green practices.
- Corporate strategy is seen as key to productivity gains but companies worry about making the best decisions.
- China might be the world’s fastest-growing economy, but it continues to lag in terms of overall productivity.
- On a macroeconomic scale, spending on education and IT are among the surest ways to boost productivity.