Saturday, June 1, 2013

Eight Important Factors that Affect Productivity

Factors that affect productivity

The following chart shows eight factors that affect productivity.
Factors that affect productivity,
Image credits © Prof. Mudit Katyani.
The eight main factors that affect productivity are:
  1. Technical factors,
  2. Assembly factors,
  3. Authoritative factor,
  4. Cadre factors,
  5. Accounts factors,
  6. Administration factors,
  7. Government factors, and
  8. Area factors.
Now let's altercate briefly aloft listed important factors that affect productivity.
  1. Technical factors : Abundance abundantly depends on technology. Technical factors are the a lot of important ones. These cover able location, blueprint and admeasurement of the bulb and machinery, actual architecture of machines and equipment, analysis and development, automation and computerization, etc. If the alignment uses the latest technology, again its ability will be high.
  2. Assembly factors : Abundance is accompanying to the production-factors. The assembly of all departments should be appropriately planned, accommodating and controlled. The appropriate superior of raw-materials should be acclimated for production. The assembly action should be simplified and standardized. If aggregate is able-bodied it will access the productiveness.
  3. Authoritative agency : Abundance is anon proportional to the authoritative factors. A simple blazon of alignment should be used. Authority and Responsibility of every alone and administration should be authentic properly. The band and agents relationships should aswell be acutely defined. So, conflicts amid band and agents should be avoided. There should be a analysis of activity and specialization as far as possible. This will access organization's productiveness.
  4. Cadre factors : Abundance of alignment is anon accompanying to cadre factors. The appropriate alone should be called for acceptable posts. After selection, they should be accustomed able training and development. They should be accustomed bigger alive altitude and work-environment. They should be appropriately motivated; financially, non-financially and with absolute incentives. Incentive allowance behavior should be introduced. Job aegis should aswell be given. Opinion or suggestions of workers should be accustomed importance. There should be able transfer, advance and added cadre policies. All this will access the ability of the organization.
  5. Accounts factors : Abundance relies on the accounts factors. Accounts is the life-blood of modem business. There should be a bigger ascendancy over both anchored basic and alive capital. There should be able Financial Planning. Basic amount should be appropriately controlled. Both over and beneath appliance of basic should be avoided. The administration should see that they get able allotment on the basic which is invested in the business. If the accounts is managed appropriately the ability of the alignment will increase.
  6. Administration factors : Abundance of alignment rests on the administration factors. The administration of alignment should be scientific, professional, future-oriented, aboveboard and competent. Managers should acquire imagination, judgement abilities and alertness to yield risks. They should accomplish optimum use of the accessible assets to get best achievement at the everyman cost. They should use the contempo techniques of production. They should advance bigger relations with advisers and barter unions. They should animate the advisers to accord suggestions. They should accommodate a acceptable alive environment, and should actuate advisers to access their output. Efficient administration is the a lot of cogent agency for accretion ability and abbreviating cost.
  7. Government factors : Abundance depends on government factors. The administration should accept a able ability about the government rules and regulations. They should aswell advance acceptable relations with the government.
  8. Area factors : Abundance aswell depends on area factors such as Law and adjustment situation, basement facilities, approximation to market, approximation to sources of raw-materials, accomplished workforce, etc.