Be productive in 2023 – Define your competitive advantage

PRODUCTIVITY is more than just the ratio of output over input ( Technical definition) or a measure of how effectively resources (inputs) are used to produce goods and services (outputs) or Using less to create more (working smarter, not harder) ( Efficiency definition).
It is all about:
– Creating and delivering quality goods and services at the right time/ speed, with the least cost. These, according to Porter give a competitive advantage.
– A mindset that continuously aspires to better ways of accomplishing tasks and conducting business.
– “Doing what I do today better than I did yesterday, and even better tomorrow”.
– Continuous improvement (KAIZEN in Japanese).