Posted on: 16 May 2022@14:17:38, updated on: 16 May 2022@14:17:38.
The Organization for Economic Cooperation and Development (OECD) Compendium of Productivity Indicators, provides a set of cross-country comparable statistics on labour productivity levels and growth, the contributions of labour, capital services and multifactor productivity (MFP) to GDP growth, industry contributions to labour productivity growth, labour productivity gaps between SMEs and large firms, the evolution and composition of investment, the decoupling between real wages and productivity, and labour income share developments.
The publication covers OECD countries, as well as G20 countries whenever possible. While the focus of the report is on long-term productivity developments with data generally spanning up to 2019, the Compendium also discusses labour productivity evolutions in 2020 and the potential impact of the COVID-19 pandemic on productivity performance. It also reviews the main challenges brought by the pandemic for productivity measurement, e.g. for the measurement of non-market output and of capital input, and the cross-country comparability of labour statistics.
Posted on: 15 May 2022@11:18:20, updated on: 15 May 2022@11:18:20.
Improving your organisation’s productiveness will typically involve analysing operations and then having a look at ways in which errors can be reduced. What directly correlates with a successful organisation, one in which runs smoothly throughout and encounters little errors is the management style that a leader has. It takes a successful leader to be able to engage effectively with their employees, and it sometimes requires them to alternate between various management styles depending on what employee they are interacting with.
What are the consequences of having a leader with a management style that employees find difficult to engage with? Lower productivity levels is one of the biggest issues that will arise because disengaged employees aren't going to be as productive as those who are, as they will have more difficulty putting into practice the message that their manager is trying to get across.
Generally, there are 3 different management styles- Autocratic, Democratic and Laissez-Faire, within these 3 categories, there are various subtypes of management styles, each with its own pros and cons.
The full list of management styles can be found here:
https://www.valamis.com/hub/management-styles#:~:text=There%20are%20three%20broad%20categories,its%20own%20pros%20and%20cons.
Posted on: 13 May 2022@13:16:47, updated on: 13 May 2022@13:16:47.
The European Union has finalised new legislation to require Big Tech to remove harmful content, the bloc’s latest move to rein in the world’s online giants.
The Digital Services Act (DSA) – the second part of a massive project to regulate tech companies – aims to ensure tougher consequences for platforms and websites that host a long list of banned content ranging from hate speech to disinformation and child sexual abuse images.
EU officials and parliamentarians finally reached agreement at talks in Brussels on the legislation, which has been in the works since 2020.
“Yes, we have a deal!,” European Commissioner for the Internal Market Thierry Breton tweeted.
“With the DSA, the time of big online platforms behaving like they are ‘too big to care’ is coming to an end. A major milestone for EU citizens,” said Breton, who has previously described the internet as the “Wild West”.
“Today’s agreement on DSA is historic,” European Commission chief Ursula von der Leyen tweeted.
“Our new rules will protect users online, ensure freedom of expression and opportunities for businesses. What is illegal offline will effectively be illegal online in the EU.”
Posted on: 4 May 2022@19:03:52, updated on: 4 May 2022@19:03:52.
Other related news is available from these websites, The American Institute of Industrial Engineers, The Lean Enterprise Institute, World Productivity Congress and Chartered Institute of Management.