How to speed up performance
The increase in profit is directly dependent on two factors: reducing costs and increasing productivity. Cost reduction is possible due to the use of cheaper materials for production, downsizing, lowering of wages. Of course, this kind of "event" is not the best way affect the reputation of the organization. In addition, cheaper materials lower quality products. The increase of labour productivity factor is complex, requiring detailed consideration.
First you need to understand what performance. Productivity is labor efficiency, which is determined by the amount produced by one worker per unit of time. Thus, the elements of the performance are employees and time.
How is it possible to increase the production by the worker of goods and reduce the time of production? First, it is possible by improving the quality of the hardware on which the product is manufactured according to the employee, i.e. through upgrading. To reduce the time of production will help the automation of the workplace.
Also on the employee's performance will be influenced by working conditions. Scientifically speaking, improving performance possibly at the expense of declining labour intensity. The complexity is inversely proportional to the performance variable, defined as labor cost and working time on a unit of production.
Of course, the modernization, automation and improvement of working conditions – measures is very costly. However, the money invested in performance improvement, will return and multiply. It is therefore not necessary to be afraid of long-term investments in production.