Service Sector Productivity
and innovation What does productivity mean if you are
a service?
Chances are, if you run a business in any OCED
country you are in the service sector and finding
ways to enhance productivity is a challenge.
In manufacturing, machinery or technology often
improves efficiency and effectiveness. In fact, many
countries anticipate productivity gains by the total
investment in new machinery. But the service sector is
more complex. Investing in technology is no guarantee
of results.
A recent Canadian study showed the failing of
many service companies that invest in Customer
Relationship Management (CRM) technology and customer
satisfaction research is that they “are not inventive
and creative enough in the use of their investment” to
make meaningful improvements in service.
In a previous issue of BRIGHT, Rick Wells,
Managing Director of Formway said, “…the secret to
increasing productivity is, quite simply, people.
Productivity is driven by the decisions people make.”
Here lies a paradox and an opportunity.
Too many managers think the solution takes hard
investments (anything from machinery to software) when
the results are likely found in the changing the
processes people use. But how do you invest in the
soft issues to improve decision making?
Read the roadmap for
change…
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