Disclaimer: this model is wrong. At its core, productivity is a measure of an amount of output divided by the number of inputs used to create the output. That is essentially it. Depending on if you’re an economist, a pharmaceutical plant manager, or a software developer, the numerator and denominator change based on context.
A Model for Measuring Productivity
A Model for Measuring Productivity
A Model for Measuring Productivity
Disclaimer: this model is wrong. At its core, productivity is a measure of an amount of output divided by the number of inputs used to create the output. That is essentially it. Depending on if you’re an economist, a pharmaceutical plant manager, or a software developer, the numerator and denominator change based on context.