Article: PRODUCTIVITY: THE KEY TO PROFITABILITY

Performance Management

PRODUCTIVITY: THE KEY TO PROFITABILITY

The critical parameters determining profitability of any business organization are workforce productivity and effective workforce management. For a vast majority of businesses, the single largest cost of doing business is their workforce and thus, workforce productivity and effective workforce management can improve the return on the organization’s largest single asset, its workforce. People Matters – Kronos survey delves into workforce management practices in Indian organizations...

The critical parameters determining profitability of any business organization are workforce productivity and effective workforce management. For a vast majority of businesses, the single largest cost of doing business is their workforce and thus, workforce productivity and effective workforce management can improve the return on the organization’s largest single asset, its workforce. People Matters – Kronos survey delves into workforce management practices in Indian organizations...

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Topics: Performance Management, Strategic HR

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