Elon Musk 6 rules for productivity

Elon Musk sent an email to the staff at Tesla with his 6 rules for productivity. Unsurprisingly, it leaked. Here they are: 1) Avoid large meetings Large meetings waste valuable time and energy. – They discourage debate – People are more guarded than open – There’s not enough time for everyone to contribute Don’t schedule…

Online Support: customer survey

In today’s business climate, providing online support is more important than ever. According to a recent survey, only 10% of customers prefer telephone support to online support. But 45% of companies that offer self-help to their customers achieve an increase in online support visits and a reduction in telephone inquiries. At REGENERING, we always ask…

Berlin’s Confounding Productivity Gap

“The researchers found that two factors have the biggest effect on a region’s success (read, high productivity per worker): the younger and more educated its population, the higher the productivity. Other factors, such as population density and proximity to other economically dynamic regions, proved far less important.” Source

Higher wages key to higher productivity

“In fact, one of the greatest capitalist entrepreneurs of all time, Henry Ford, instinctively grasped this truth when he famously declared, “There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible. It is not the employer who pays…

OECD Compendium of Productivity Indicators 2019

This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries. An introductory chapter features an analysis of latest developments in productivity, employment and wages. OECD Compendium of Productivity Indicators 2019

The Virtuous Cycle of Productivity

U.S. first quarter productivity strongest since 2014; labour costs drop Higher productivity compensate higher wages, increasing workers skills, company profits, and consumer spending. “Compared to the first quarter of 2018, productivity increased at a rate of 2.4 percent, the best performance since the third quarter of 2010.” “The strong pace of productivity suppressed growth in…