Productivity An Examination of Underlying Causes

Cover Productivity An Examination of Underlying Causes
Productivity An Examination of Underlying Causes
Zenon S Zannetos
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However, one problem is that whenever a particular perspective is taken, one can become blind to other factors that may be significant in explaining the particular issue at hand.
-24- FIGURE 1 MAJOR FACTORS AFFECTING EMPLOYEES' JOB PERFORMANCE AND PRODUCTIVITY 2 !!„■ '^iin, . N, -. , . !, , tN „ lt . Nla(f«:l fetors.
Source: R. A. Sutermeister, People and Productivity (1976) -25- With this in view we would like to make some general comments about these four perspectives we have presented. First
... of all, while they view productivity from different vantage points, they all implicitly focus on actions taken by individual firms as the factor that directly affects productivity. In the case of the macroeconomic viewpoint the focus on these decisions is paramount, although the measurement of relations is done at a much more aggregated level. From the industrial economics vantage point, the emphasis is on industry characteristics, but as they ultimately impact on firm decision-making. The individual or psychological perspective influences individual decisions - but as they are affected by the characteristics of firms where these individuals are employed.

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