TITLE

The Government's View of Productivity

AUTHOR(S)
Young, Lord
PUB. DATE
January 1989
SOURCE
Management Services;Jan1989, Vol. 33 Issue 1, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Great Britain's prosperity depends on the industry being competitive. Competitiveness means customer satisfaction. The only reliable way to measure customer satisfaction is by assessing how well goods are selling in world markets compared with those of Great Britain's competitors. One of the keys to competitiveness is productivity. When Great Britain Department of Trade and Industry (DTI) launched its Enterprise Initiative, it was a recognition of the fact that many firms could and would be more productive and competitive if they had the right information and expertise which would enable them to realise their full enterprise potential. Central to this was the introduction of six subsidised consultancy schemes covering key areas of business where the need for good management practice is paramount. They are marketing, design, quality, manufacturing, business planning and the effective use of financial control and information systems. The means by which productivity can be increased while at the same time enhancing job satisfaction through-out the workforce are becoming increasingly available at a price that the smaller business can afford. Through the Enterprise Initiative and its professional consultancy schemes, DTI makes available to firms the right information that will help them understand their full business potential, and the expertise that will enable them to make the most of all their resources. Training in its broadest sense is essential if British enterprises are to continue increasing their productivity and improving their competitiveness. It means that the education system must equip future generations for the highly competitive business environment in which they will be working.
ACCESSION #
12300157

 

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