BLUF
Ross Gittins argues that businesses tend only to mention productivity when asking the government to reduce taxes so the companies can increase profits without having to do anything.Summary
Ross Gittins writing in the Sydney Morning Herald, makes the following points regarding improving productivity:
- We need to improve the goods and services we produce
- Reduce workplace waste.
- Develop new goods and services.
- Service industries now account for about 80% of GDP, 40% of our export earnings and 90% of all employment.
- It's the service industries we need to make more productive without diminishing the service quality.
References
Recent Runway Posts related to this topic:
- Try Monotasking to be More Productive – TheRunway (airforce.gov.au)
- How Important Is Diversity in Thinking? – TheRunway (airforce.gov.au)
- Trekking into a new way of thinking – TheRunway (airforce.gov.au)
References from the Web :
- AUG 2021 Why Is Productivity Important in Economics? - Investopedia
- SEP 2021 Five Tips To Increase Productivity In The Workplace – Forbes
- MAY 2022 A Complete Guide to Enhance your Workplace Productivity in 2022 – Apty
