{"id":9513,"date":"2020-10-14T08:00:33","date_gmt":"2020-10-14T07:00:33","guid":{"rendered":"https:\/\/blog.bham.ac.uk\/cityredi\/?p=9513"},"modified":"2022-02-02T21:03:40","modified_gmt":"2022-02-02T21:03:40","slug":"city-redi-policy-briefing-improving-understanding-and-measurement-of-productivity","status":"publish","type":"post","link":"https:\/\/blog.bham.ac.uk\/cityredi\/city-redi-policy-briefing-improving-understanding-and-measurement-of-productivity\/","title":{"rendered":"City-REDI Policy Briefing: Improving Understanding and Measurement of Productivity"},"content":{"rendered":"<p><a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/10\/Cover.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9514\" src=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/10\/Cover.png\" alt=\"\" width=\"900\" height=\"534\" srcset=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/10\/Cover.png 900w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/10\/Cover-300x178.png 300w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/10\/Cover-768x456.png 768w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/10\/Cover-250x148.png 250w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a><\/p>\n<p><em><strong>In this policy briefing, <a href=\"https:\/\/www.birmingham.ac.uk\/staff\/profiles\/business\/cepeda-zorrilla-magda.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Dr Magda Cepeda Zorrilla<\/a>, <a href=\"https:\/\/www.birmingham.ac.uk\/staff\/profiles\/business\/green-anne.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Professor Anne Green<\/a>, <a href=\"https:\/\/www.linkedin.com\/in\/dr-chloe-billing-1b759073\/?originalSubdomain=uk\" target=\"_blank\" rel=\"noopener noreferrer\">Dr Chloe Billing<\/a>, <a href=\"https:\/\/www.birmingham.ac.uk\/staff\/profiles\/business\/collinson-simon.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Professor Simon Collinson<\/a> and <a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/meet-fengjie-pan-city-redis-new-productivity-research-fellow\/\" target=\"_blank\" rel=\"noopener noreferrer\">Dr Fengjie Pan<\/a> report on the findings of their study which collected data from 300 firms across the West Midlands, examining what managers at these companies understood productivity to be, the policy implications of their varied understanding and concluding with a series of recommendations for policymakers.<\/strong><\/em><\/p>\n<p>Productivity is considered to have a direct impact on individual business success and therefore is a critical determinant of economic growth. However, understanding what productivity means varies across economic sectors and these sectoral differences in understanding productivity are also linked to differences in prioritising what is measured, and in turn, differences in actions taken to improve the firm performance. In order to improve productivity levels, it is essential to have a clear understanding of what productivity means and how can we measure it. We are seeking to address this is the gap in knowledge in our study by exploring the measurement of productivity from the managers\u2019 perspective and also the measures used and the actions taken to improve it. In this policy brief, we are reporting the findings of our study which collected data from 300 managers\u2019 firms in the West Midlands region, across the Business Professional and Financial Services (BPFS); Advanced Manufacturing (AM); Retail (R); and Hospitality (H) sectors. This brief provides a list of policy implications of the variation in understanding productivity and concludes with a series of recommendations for policymakers.<\/p>\n<p><strong><a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/10\/Final_AG_MCZ_Briefing_Defining-productivity-v3.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Download and view the policy briefing.\u00a0<\/a><\/strong><\/p>\n<p><strong><a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/10\/Improving-understanding-and-measurement-of-productivity.docx\" target=\"_blank\" rel=\"noopener noreferrer\">Download and view an accessible version of the policy briefing.\u00a0<\/a><\/strong><\/p>\n<hr \/>\n<p><em><strong>This blog was written by Dr Magda Cepeda Zorrilla, Professor Anne Green, Dr Chloe Billing, Professor Simon Collinson and <\/strong><strong><em>Dr Fengjie Pan &#8211; City-REDI \/ WM REDI, University of Birmingham<\/em>.\u00a0<\/strong><\/em><\/p>\n<p><em><strong><a href=\"mailto:cityredi@contacts.bham.ac.uk?Subject=City-REDI%20Blog%20Mailing%20List\">Sign up to our mailing list<\/a>.<\/strong><\/em><\/p>\n<p><strong><em>Disclaimer:\u00a0<\/em><\/strong><em><br \/>\nThe views expressed in this analysis post are those of the authors and not necessarily those of City-REDI or the University of Birmingham<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this policy briefing, Dr Magda Cepeda Zorrilla, Professor Anne Green, Dr Chloe Billing, Professor Simon Collinson and Dr Fengjie Pan report on the findings of their study which collected data from 300 firms across the West Midlands, examining what managers at these companies understood productivity to be, the policy implications of their varied understanding &hellip; <a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/city-redi-policy-briefing-improving-understanding-and-measurement-of-productivity\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;City-REDI Policy Briefing: Improving Understanding and Measurement of Productivity&#8221;<\/span><\/a><\/p>\n","protected":false},"author":344,"featured_media":9514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77,646],"tags":[658,218,121,111,1059],"class_list":["post-9513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-west-midlands","tag-business","tag-policy","tag-productivity","tag-west-midlands","tag-white-paper-1"],"_links":{"self":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/9513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/users\/344"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/comments?post=9513"}],"version-history":[{"count":3,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/9513\/revisions"}],"predecessor-version":[{"id":9519,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/9513\/revisions\/9519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/media\/9514"}],"wp:attachment":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/media?parent=9513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/categories?post=9513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/tags?post=9513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}