Great to see that the Productivity through People programme we support through the Universities of Lancaster and Bath is making a difference to the SME’s on the programme, and helping them address the productivity puzzle challenging the UK. Productivity in the UK has stagnated since the last economic downturn, and output per hour worked actually declined during the last quarter of 2016 and the first quarter of 2017. This leaves the UK with a staggering 27% productivity gap versus Germany, and lagging other G7 countries.
Infinite Perspective have so far supported two pilot Productivity through People schemes in partnership with Lancaster and Bath University business schools. Over forty delegates representing 34 businesses are currently enrolled on the scheme, and together they have a combined turnover of £2.7bn and 7,000 staff.
One entrepreneur on the programme, Chris Blade, who is managing director of a Cumbrian crystal and glassware company, said a range of small incremental improvements within his business, “engaging staff, getting them to look at working differently”, has helped him increase turnover by 41 per cent in the first half of the year.
Our Organisation & People Capability Assessment can help any organisation identify opportunities to improve performance and prioritise improvement actions. Please do get in touch if you want to find out more about how we could help your business.