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\nUnderstanding the Importance of Labour Productivity for Business\n

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\nThe video is a lecture presentation on labour productivity, highlighting how firms measure it and why it's essential for businesses to track the progress of their workforce's productivity. The presenter discusses the different types of...\nThe video is a lecture presentation on labour productivity, highlighting how firms measure it and why it's essential for businesses to track the progress of their workforce's productivity. The presenter discusses the different types of data that businesses collect across various internal departments, including HR data for measuring labour productivity. The lecture covers the basics of labour productivity, how it's calculated, and how businesses can improve it. The importance of maintaining productivity to achieve strategic goals is also discussed along with potential measures to improve productivity, such as using technology and capital, reorganizing the business or department, and incentivizing workers.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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10:41
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2019
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
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Concepts

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business, data, productivity, resources, time
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Additional Tags

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a-level, edexcel, only, hr, labour, power holders, competitive edge, average number, labor productivity, labour productivity, time period, improve productivity, taking, improve, performance, department, employed, measure, days, capital, firms, product, return, effective, make, productive, pots, rivals, important
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding the Importance of Labour Productivity for Business\" href=\"/subscription/new\">\"Understanding\n\n
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