Business Research Paper

Outline and Executive Summary

Arielle Black

Webster University

November 16, 2017

I. Introduction

A. Productivity is essential in any organization

B. It enhances the profits of the organization as well as makes the organization one of the leaders in the market

C. Labor productivity can be enhanced by employing qualified employees and making sure that the environment is conducive for them to work on (Konings & Vanormelingen, 2015).

D. At the same time, there is a need for an organization to enhance its technological capacity.

E. An organization can measure labor productivity by assessing and analyzing the output of the laborers.

II. Review of the existing literature

A. For many years, labor productivity has been seen as a crucial aspect of the success of organizations.

B. Many organizations use labor productivity to boost their output thus positively affecting the sales

C. There are some organizations which value the input of their employees, and therefore they have measures and structure in place to motivate enhanced labor productivity.

D. Labor productivity is used as a way of measuring and determining the productivity of an organization.

E. Employees are always encouraged to work hard to boost productivity (Konings & Vanormelingen, 2015).

F. The management of an organization has a duty to make sure that employees are motivated to boost productivity.

III. Impact on business

A. Increased productivity

1. Increased labor productivity will lead to increased goods productivity.

B. Increased profits

1. When there are many products to sell, the sales increase and profits are positively affected.

C. Customer satisfaction

1. When customers get the right quantity of products in the market, their level of satisfaction is high because their needs are met (Konings & Vanormelingen, 2015).

D. Meeting the demand in the market

1. The market is always in demand for some products when productivity is enhanced; there are enough goods to meet the demand (Konings & Vanormelingen, 2015).

E. Good reputation

1. When an organization satisfied the needs of the consumers by producing enough goods, the consumer tends to trust the organization in meeting their needs.

IV. Going forward

A. Organizations will prioritize labor productivity

B. Organizations will make sure that only the qualified candidates are selected as employees (Galí, & Van Rens, 2014).

C. Company will employ strategies which will enhance labor productivity

D. Skills will play a fundamental role in enhancing productivity in many organizations

V. Management options

A. Take advantage of the skilled laborers.

1. Skilled laborers are the drivers of labor productivity

2. Organizations must only work with skilled laborers (Delmas & Pekovic, 2013).

B. Make sure that the environment promoted labor productivity

1. The environment must be free of risks

2. Risks have a negative effect on labor productivity

3. For employees to be productive, they must be safe and all resources needed must be provided (Galí, & Van Rens, 2014).

C. Make sure that the management consists of leaders who have the capability to boost productivity

1. Labor productivity cannot be enhanced if the management cannot boost the morale of the employees

2. Leaders must make sure the environment encourages the employees to be more productive

VI. Conclusion

A. Labor productivity leads to increased units in an organization

B. Labor productivity cannot be enhanced if the laborers are not motivated

C. Organizations must have measures in place to analyze labor productivity

Executive Summary

Labor productivity is an aspect that can never be ignored when it comes to the success of an organization. It is vital to realize that it is through the productivity of the laborers that an organization can thrive and succeed in the modern business world. There is, however, a need that productivity is a wheel, and every wheel must have the roller (Galí, & Van Rens, 2014). From the perspective of labor productivity, there are different aspects which play a significant role. The first aspect is associated with the laborers. Unlike a machine, a laborer is a human being who has emotions and feelings. The psychology of business states that the mind of the laborer must be convinced that the output will not be in vain. It is therefore important to make sure that the laborer is selected from the only skilled rot.

The aspect of the working condition also comes in handy when one talks about labor productivity. An employee cannot be productive if the environment is not suitable. It is here where the second aspect which is environment comes in handy. For an employee to deliver, all the required resources, as well as a safe and sound working environment, must come in handy. For example, the managers and the supervisors must be considerate and should not always quarrel with employees and be abusive (Delmas & Pekovic, 2013). The aspect of the management is the third, and it is the biggest determinant of the labor productivity of the company. The management has the power to make sure that the company becomes a success. At the same time, if the right measures are not put in place, the organization might be affected negatively. As far as the issue of productivity is concerned, the input of the management is fundamental because the decision-making process must be in line with the desired goals. If the management makes decisions which do not enhance productivity, it is apparent that the organization might never convince the employees to be as productive as they need to be.

References

Delmas, M. A., & Pekovic, S. (2013). Environmental standards and labor productivity: Understanding the mechanisms that sustain sustainability. Journal of Organizational Behavior, 34(2), 230-252.

Galí, J., & Van Rens, T. (2014). The vanishing procyclicality of labor productivity.

Konings, J., & Vanormelingen, S. (2015). The impact of training on productivity and wages: firm-level evidence. Review of Economics and Statistics, 97(2), 485-497.