Productivity describes the measures of the efficiency of production. Productivity is important to individuals (workers and consumers), business leaders, and analysts (such as policymakers and government statisticians). Often, a productivity measure is expressed as the ratio of an aggregate output to a single input or an aggregate input used in a production process, i. e. output per unit of input, typically over a specific period of time. Most common example is the labour productivity measure. There are many different definitions of productivity and the choice among them depends on the purpose of the productivity measurement and/or data availability. The key source of difference between various productivity measures is also usually related directly or indirectly to how the outputs and the inputs are aggregated into scalars to obtain such a ratio-type measure of productivity. There are two types of productivity:
Workforce productivity: The total amount of goods and services workers produces in a certain period.
Personal productivity: The relevant output of an individual in a certain period.
We do not control the former but we have 100% control over the latter. Hence, if a person, wants to improve collective productivity, one must improve personal productivity. The benefits of increasing our productivity are clear: When we work on the right things, we will get more and better results. That is how we realize growth. Here are three additional benefits of improved productivity:
- Innovation: The pace of change has substantially increased in the 21st century. Technology has increased our productivity. But the reverse is also true; our increased productivity leads to more innovation and new technology. The more productive we become, the more we can innovate.
- Self-confidence: We will be more self-confident when we achieve something as per our desire. The more productive we are, the more competencies we can develop. Hence, the more confident we will become.
- Higher engagement: The more we involve in our work that shows our passion towards our work and the productivity can be increased. In other wards productivity can be increased with higher levels of work engagement.
Personal growth and success mean something different for everyone, but there are some basic habits that we can adapt to our own life to ensure about continue to grow. By creating a personal growth plan, we can prepare ourselves to tackle any obstacle in the way of our goals. There are several ways to create our personal growth plan.
a. Identify the aim- The first step in developing a personal growth plan is thinking about what we really want. Once we have a clear outcome in mind for our personal growth, we must think about the reasons behind the goal. At first glance, we may think it is just because we want to feel better about ourselves and we are trying to find ways to build ourselves up.
b. Find our Obstacles or Opportunity- Many people see challenges as obstacles that are keeping them away from their personal growth, but in reality, they are actually opportunities. Take a look at what we perceive as roadblocks on our path and see how we can either remove them or reframe and use them to get us closer to our objectives.
c. Get the tools and coaching we need- It is okay to accept that we cannot create a personal growth plan all on our own. Many of the world’s most successful people turn to external tools and strategies when they embark on their path to personal growth.
b) Make a clear plan- There is more to personal growth than simply setting goals and then working hard to achieve them. Many of us suffer from inner conflicts that lead to self-sabotage. We must first unlock these conflicts and get ourselves into alignment before we can take the next step toward our personal growth goals. Once we are aligned, we will find ourselves taking action that leads to success.
a. Keep track of personal growth- Keeping track of our personal growth plan in our head is difficult and it is easy to make slight changes and adjustments that keep us from achieving our goals. When we write it down, we have visual proof of our original plan and we can review it. Writing down our plan and tracking our progress also helps us to increase focus and limit distractions.