4 ms·
economic productivity is absolutely not nebulous. Its a measure of GDP per hour worked. https://ourworldindata.org/grapher/labor-productivity-per-hour-pennworl
by adverbly 9mo ago
economic productivity is absolutely not nebulous. Its a measure of GDP per hour worked.
https://ourworldindata.org/grapher/labor-productivity-per-hour-pennworldtable https://ourworldindata.org/grapher/labor-productivity-per-ho...
- mr_toad 9mo agoAnd in a business you can easily measure total profit and divide by total hours worked. When you try and break it down to various products and cost centers is where it comes unstuck. It’s hard to impossible to measure the productivity of various teams contributing to one product, let alone a range of different products.