Four sure-fire ways to reduce productivity (Guest commentary)

Firms need to search out right talent and give them time to thrive
By Rebecca Schalm
|Canadian HR Reporter|Last Updated: 04/19/2010

Canada’s declining productivity is a serious concern because the more it costs us to produce something, the less competitive we are in the global marketplace. And the less competitive we are leads directly to fewer jobs, diminished earning power and a lower standard of living.

The usual explanations as to why we struggle with productivity frequently point to a lack of investment in tools, technology and innovation. But how we hire, deploy and develop people rarely gets a mention, even though these have the potential to significantly increase or decrease productivity.

Here are four sure-fire ways to reduce an organization’s productivity: