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I'm having trouble following your logic, if productivity is defined as revenue per labor hour, and you're saying this is due to the anti-work movement and labor
by dsugarman 5y ago
I'm having trouble following your logic, if productivity is defined as revenue per labor hour, and you're saying this is due to the anti-work movement and labor shortage, that's decreasing the denominator.
Or are you saying workers have become less engaged and less productive at work but maintain they're jobs? That might be plausible
- bopbeepboop 5y agoI took it to mean that workers did what was asked and no more — so productivity stayed constant. Which was contrasted with engaged employees, who sharing in more of the profits, have an incentive to increase productivity — eg, by inventing a tooling improvement for the assembly line. I think the overall point was employers are “penny wise, pound foolish” in that small productivity “gains” caused employees to disengage which is causing long-term slowdowns in improvements — improvements typically driven by employees stepping up and doing more.
- supertrope 5y agoToyota empowers workers to stop production to fix quality issues. But they earn less than unionized workers. Empowering line workers makes sense when there's growth and healthy margins to pursue. If the industry is mature or even shrinking then there's a heavier focus on cost cutting and metrics/Taylorism to maximize free cash flow and pay it out as dividends and stock buybacks.
- bopbeepboop 5y agoYes, your second paragraph is what people are saying is bad. You can’t eat your seed corn in a bad year — that’s madness! Similarly, I don’t think you’ll find industries which are stagnant on the decade scale… which is where the harms being called out up thread manifest. That choice to “Taylorize” in support of buybacks critically weakens your staff at precisely the time you need their engagement to pivot your organization in response to new market conditions. See Boeing and the 737 MAX for a case study.
- mikeg8 5y agoAbsolutely the latter. A huge part of the movement is sticking it to the man, do the bare minimum, do not go above-and-beyond etc etc.