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Dynamic Efficiency and Productivity Measurement
A systematic treatment of dynamic decision making and performance measurementModern business environments are dynamic.Yet, the models used to make decisions and quantify success within them are stuck in the past.In a world where demands, resources, and technology are interconnected and evolving, measures of efficiency need to reflect that environment. In Dynamic Efficiency and Productivity Measurement, Elvira Silva, Spiro E.Stefanou, and Alfons Oude Lansink look at the business process from a dynamic perspective.Their systematic study covers dynamic production environments where current production decisions impact future production possibilities.By considering practical factors like adjustments over time, this book offers an important lens for contemporary microeconomic analysis.Silva, Stefanou, and Lansink develop the analytical foundations of dynamic production technology in both primal and dual representations, with an emphasis on directional distance functions.They cover concepts measuring the production structure (economies of scale, economies of scope, capacity utilization) and performance (allocative, scale and technical inefficiency, productivity) in a methodological and comprehensive way. Through a unified approach, Dynamic Efficiency and Productivity Measurement offers a guide to how firms maximize potential in changing environments and an invaluable contribution to applied microeconomics.
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Trade Arrangements, Productivity Growth and Firm Level Efficiency
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Information Systems Reengineering, Integration and Normalization : Heterogeneous Database Connectivity
Database technology is an important subject in Computer Science.Every large company and nation needs a database to store information.The technology has evolved from file systems in the 60’s, to Hierarchical and Network databases in the 70’s, to relational databases in the 80’s, object-oriented databases in the 90’s, and to XML documents and NoSQL today.As a result, there is a need to reengineer and update old databases into new databases.This book presents solutions for this task. In this fourth edition, Chapter 9 - Heterogeneous Database Connectivity (HDBC) offers a database gateway platform for companies to communicate with each other not only with their data, but also via their database.The ability of sharing a database can contribute to the applications of Big Data and surveys for decision support systems.The HDBC gateway solution collects input from the database, transfers the data into its middleware storage, converts it into a common data format such as XML documents, and then distributes them to the users.HDBC transforms the common data into the target database to meet the user’s requirements, acting like a voltage transformer hub.The voltage transformer converts the voltage to a voltage required by the users.Similarly, HDBC transforms the database to the target database required by the users. This book covers reengineering for data conversion, integration for combining databases and merging databases and expert system rules, normalization for eliminating duplicate data from the database, and above all, HDBC connects all legacy databases to one target database for the users. The authors provide a forum for readers to ask questions and the answers are given by the authors and the other readers on the Internet.
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Enhancing Communication & Collaboration in Interdisciplinary Research
Enhancing Communication & Collaboration in Interdisciplinary Research, edited by Michael O'Rourke, Stephen Crowley, Sanford D.Eigenbrode, and J. D. Wulfhorst, is a volume of previously unpublished, state-of-the-art chapters on interdisciplinary communication and collaboration written by leading figures and promising junior scholars in the world of interdisciplinary research, education, and administration.Designed to inform both teaching and research, this innovative book covers the spectrum of interdisciplinary activity, offering a timely emphasis on collaborative interdisciplinary work.The book’s four main parts focus on theoretical perspectives, case studies, communication tools, and institutional perspectives, while a final chapter ties together the various strands that emerge in the book and defines trend-lines and future research questions for those conducting work on interdisciplinary communication.
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Can economic efficiency and productivity develop mutually?
Yes, economic efficiency and productivity can develop mutually. When businesses and industries become more efficient in their operations, they can produce more output with the same amount of input, leading to increased productivity. Similarly, when productivity increases, it can drive economic efficiency by reducing waste and improving resource allocation. Therefore, as businesses and industries focus on improving efficiency and productivity, they can reinforce and support each other's development.
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What is the difference between efficiency and productivity?
Efficiency refers to how well resources are utilized to achieve a specific goal or output, while productivity measures the output or results generated from a specific amount of input or resources. Efficiency focuses on minimizing waste and maximizing output with the resources available, while productivity is a measure of how much output is produced relative to the input used. In essence, efficiency is about doing things right, while productivity is about doing the right things.
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What are the connections between efficiency and productivity?
Efficiency and productivity are closely connected in that efficiency refers to the ability to accomplish a task with minimal waste, effort, or cost, while productivity refers to the rate at which goods or services are produced. When a process or system is efficient, it can lead to increased productivity because it allows for more output to be generated with the same amount of input. Conversely, when productivity is high, it often indicates that the resources and processes are being used efficiently. Therefore, improving efficiency can lead to increased productivity, and vice versa, as they both contribute to the overall effectiveness of a business or organization.
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Does increasing productivity lead to higher economic efficiency?
Yes, increasing productivity can lead to higher economic efficiency. When a company or economy can produce more output with the same input of resources, it can lead to lower production costs and higher profits. This can also lead to lower prices for consumers, which can increase overall economic welfare. Additionally, higher productivity can lead to increased competitiveness in the global market, which can further contribute to economic efficiency.
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African Migration to Thailand : Race, Mobility, and Integration
This book, based on exploratory ethnographic research, analyzes the experiences of African migrants in Thailand. Thailand has always been a regional migration hub with Africans being the most recent.Sitting at the intersection of race and migration studies, this book focuses on the challenges Black and labor migrants face trying to integrate into a society that has had very limited contact with and knowledge about Black Africans.Bringing together research from African, Thai, and European scholars, this volume focuses on forced migrants, such as Somali asylum seekers, and labor migrants, largely African men seeking better livelihoods in niche economies such as gem trading, garment wholesale, and football playing and coaching.The book also includes theoretical contributions to the understanding of precarity and human security, the concept of in/visibility to analyze the challenges African migrants face in Thailand as well as the concept of othering to understand discrimination against Africans.The book also analyzes the Thai migration policy context and the challenges facing Thai policy-makers, law enforcement representatives, and the migrants themselves.While not comparative in nature, this volume directly connects with studies of Africans in other parts of Asia, especially China. Addressing an important gap in migration research, this book will be of interest to researchers across the fields of migration and mobility studies, African Studies, and Asian Studies.
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Influential Internal Communication : Streamline Your Corporate Communication to Drive Efficiency and Engagement
Streamline your organization's communication for happier employees, clients and customers, with this powerful and practical methodology featuring insight from experts Simon Sinek and Brené Brown.As the title suggests, Influential Internal Communication proves just how influential internal communications (IC) is, and the measurable impact it has on an organization's growth.For many organizations, IC often slips down the list of priorities when there are high pressure, high stakes business situations to cope with.This causes a sense of chaos and confusion within the organization that will - eventually - permeate to external customers and clients.Influential Internal Communication presents a clear, adaptable methodology that will help readers understand, diagnose and fix their own communication challenges, thereby transforming the chaos into calm. Backed up with data and statistics from industry reports on workplace culture, Influential Internal Communication is based on The Field Model and draws on research with CEO's, some of the best insights into people, organisations and chaos.The theory is backed up with real world case studies, showing how chaos can impact a range of organizations of varying size and industry.Written by the 2020 President of the Chartered Institute of Public Relations (CIPR), Influential Internal Communication will streamline any organization's IC practices, and help to drive engagement, efficiency and profit across the board.
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Leadership for Society : Leading Education for Social Integration and Mobility
This book explores a range of issues related to minority educational leaders' role in their society, in particular those working in a divided society under conflict. The political and cultural challenges faced by minorities in divided societies raise the specific and important need to study leadership from a new perspective, based on the leaders' role in their society and community, and on their role in leveraging their school toward integration in their society while staying aligned with environmental changes. The authors present a new theoretical framework of "leadership for society" with practical implications for effective leadership in complex societies.The book also develops our understanding of minority education in the reality of conflicts between the state and the minority's identity.The authors believe that school leaders’ participation in the extended community will improve and affect the development of schools and enable leaders to negotiate cultural, social and political complexities.
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Innovation and Collaboration in the Digital Era : The Role of Emotional Intelligence for Innovation Leadership and Collaborative Innovation
Innovation and Collaboration in the Digital Era provides a holistic approach to collaborative innovation, innovation management and innovation leadership.It is full of practical advice and includes 34 interviews with high-level politicians, innovation industry leaders, academics and entrepreneurs discussing the reality of innovation and how to create change for a positive impact.Many quotes are included from researchers and practitioners in the innovation field who have participated as guests in the author’s podcast “Business of Collaboration” or in interviews with the Collabwith Magazine which she produces. This is a powerful book full of practical frameworks and one-page canvases which act as reminders of the value of making needs and expectations explicit.The author provides frameworks and tools that can be used to support collaboration journeys across different sectors and organizations.She also offers clarity to the reader for their innovation journey and brings a new perspective on how to innovate and understand innovation. Jara Pascual focuses on the importance of managing emotions and feelings of frustration which can be very common during a collaborative innovation process.She explores the interaction between Emotional Intelligence and business and shows how to remove and manage frustration and how to produce a positive outcome. Innovation and Collaboration in the Digital Era will empower the reader to take action and show how to change your conversation about innovation and collaboration. “Jara Pascual, with colleague Celia Avila-Rauch, has been able to distill and apply the ability model of emotional intelligence to the art and science of innovation and innovation leadership.In our work we note that feelings are not always facts but that emotions as a form of data.More than that, emotions can assist or facilitate with decision making, creativity and innovation rather than getting in the way, but only if leaders are “smart” about emotions and develop and deploy their emotional intelligence skills.” Dr David R Caruso, Emotional Intelligence Skills Group, Founder Yale Center for Emotional Intelligence, Research Affiliate
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What is the relationship between productivity and economic efficiency?
Productivity and economic efficiency are closely related concepts. Productivity refers to the amount of output produced per unit of input, such as labor or capital. When productivity increases, more output is produced with the same amount of input, leading to greater economic efficiency. Economic efficiency, on the other hand, refers to the optimal allocation of resources to maximize output and minimize waste. Therefore, higher productivity often leads to greater economic efficiency as resources are used more effectively to produce goods and services. Conversely, lower productivity can lead to inefficiencies in resource allocation and reduced overall economic efficiency.
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What is the difference between productivity, efficiency, and profitability?
Productivity refers to the amount of output produced per unit of input, such as time or resources. Efficiency, on the other hand, focuses on how well resources are used to achieve a specific goal or output. Profitability, meanwhile, is a measure of how efficiently a company generates profit relative to its costs and expenses. In essence, productivity is about output per input, efficiency is about resource utilization, and profitability is about the bottom line of a business.
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How do profitability, productivity, and efficiency differ from each other?
Profitability refers to the ability of a company to generate profit, which is the difference between revenue and expenses. Productivity measures the output of goods or services produced per unit of input, such as labor or capital. Efficiency, on the other hand, focuses on how well resources are utilized to achieve a specific goal, often measured by the ratio of input to output. In summary, profitability is about generating profit, productivity is about output per input, and efficiency is about maximizing output with the resources available.
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To what extent do profitability, productivity, and efficiency differ from each other?
Profitability, productivity, and efficiency are related but distinct concepts in business. Profitability refers to the ability of a company to generate profit from its operations, while productivity measures the output produced per unit of input. Efficiency, on the other hand, focuses on how well resources are utilized to achieve a specific goal. While profitability is ultimately about the bottom line, productivity and efficiency are more about optimizing processes and resources to achieve desired outcomes. In summary, profitability is about financial performance, productivity is about output per input, and efficiency is about resource utilization.
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