Dear all entrepreneurs, I guess we are going to have another terrific weekend blogging and sharing knowledge about business issues. We shall continue doing this in a relaxed atmosphere; otherwise if we get too serious with it then we may not have a good weekend rest. You need to sharpen the saw for the coming week; don’t you? The very old saying goes that all work and no play makes Jack a dull boy! Come on, you are not a boy, but be smart!
Back to the issue of productivity, I mentioned way back that productivity was basically a measure of efficiency – that is – how well something is done. I stated that productivity could as well be defined as output per unit of input. In other words, it is the ratio of output to input of resources such as labor, materials, machinery etc. Today we have productivity consultants who help enterprises improve productivity. One day you might come across such.
Nevertheless, in our small way we shall consider some important issues every entrepreneur must know about productivity. If you think your consultant is giving you all you need, and you find no value in this write-up, just go ahead and chill while the rest of us proceed with our business. OK? And to those that chose to stay with us, welcome, and let’s go on! It’s a free world of choice, and we don’t have to compel people to do what they don’t like. So, let me say the following.
I think I should leave it here today, and not take it too seriously until you begin thinking I’m taking a good chunk of your weekend time. My point remains intact, and that is, you can’t afford to be an unproductive entrepreneur, can you? The aggressive business world will teach you some lessons if you choose to be unproductive. Don’t wait for hard lessons before you correct your ways. OK?
Till then, and with all respect,
The Wise Entrepreneur