On the other hand, if the idea was from a bright worker and was not paid, then there is no input recorded. In conventional accounting, that would register well as an increase in the multifactor productivity side. Mr. Triplett continued that the multifactor productivity measure is often preferred now over that of conventional labor productivity because it is a measure of technological change as well. When practiced religiously, productivity can help people learn lifelong lessons and use these to live a good and contented life. How to be productive Experts say that it is only common for people to feel depression, anxiety and defeat if life has been giving them so many tests and trials. However, instead of feeling depresses and sulking into the taste of defeat, people can use this as an opportunity to make themselves stronger. The following are just some of steps that people can do in order for them to increase their productivity on a daily basis: - Start small. This is one of the easiest ways to start with being productive. By starting small and simple, you are not putting too much pressure on yourself about the things that you need to do and what are you supposed to accomplished in a specific period of time. Productivity Productivity is different from production. Where productivity is concerned with the ratio of output to an input, production on the other hand points to the increase in output over a given period of time. As usual, this explanation of productivity in terms of this ratio was not elaborated on by writers. Estimates of labor hours are relatively easy to compute by simply adding up the hours worked of all types of workers. From there, growth rate can be extracted. In this calculation, all types of workers are essentially treated the same and receive identical weights. More difficult is the construction of an estimate of the aggregate labor that accounts for the changing composition of workers. To set a goal for your initiatives, it would significantly help if you would determine the center of your priorities. Once you set your goal, you would find that you are smooth-sailing to doing endeavors and efforts that would clearly and obviously lead to attainment of such a target. Thus, Covey's second principle is a necessity on a personal and management level.