Understanding what economic productivity is and how it works is critical to working towards maintaining and increasing it. Today, productivity-enabling elements are changing with time and it is important for business owners to identify them. In today’s world, focus areas for productivity improvement are changing. There are three top priority areas that can be addressed timely to gain productivity. These are:
a) Capital allocation in the areas of opportunity and growth
b) Digitalization across the value chain
c) Skill identification and employee training/orientation

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