An increase in the amount of outcome/output comes from:
- Increase in dexterity: Once a person learns how to do a job, they increase the quantity of output. Doing the same thing over and over again, understanding its characteristics and adjusting to it takes time, but helps produce a lot more than others.
- Reducing context switching: When the context changes, the person’s mind doesn’t go to it directly. It takes time to adapt to the new work, become focused, and establish a new rhythm. This is irrelevant to dexterity. Sole changing context is already reducing the quantity.
- Enable one person to accomplish many tasks using machines and automation: Machines undoubtedly increase the quantity. However, automation innovation and machines often stem from people who are doing the job and their laziness. When a person knows what they are doing, they will try to invent new ways to do less work. This laziness leads to innovation. #leadership (increase productivity, improve the outcomes/output) #investment (look at the CEO if they know what they are doing)
- Related Note(s):
- Invest in growing your employees so their dexterity increases.
- Measure the productivity to make constant improvements.
- Source(s): The Wealth of Nations by Adam Smith
