) and quality loss (scrap, reworking, etc). The key to productivity improvement is to know what they are and how to solve them. Again, a production monitor must be set up to display these real-time losses. It will then enable teams to identify and correct problems as they occur in real time. Changeover time Changeover time must be displayed by everyone to see. To be able to increase productivity, it is best if you run a race at your own pace so you won't get tired. This will also be good for you because you can rest whenever you want to since nobody is breathing down your neck to finish something. - think and take one step ahead. To be able to increase productivity, you need to plan ahead and do things ahead of time so you will be given more opportunity or chance in case the first plan did not work. Focus should be given to the second principle for highly effective people, as structured under Covey's highly publicized book. The principle advises people to 'begin initiatives with the end result in mind'. You may readily infer that this assertion is intended to convince people to be results-oriented and at the same time be more productive. Those who are just starting with being productive, it is best to keep track of how you are doing so you will know where are the areas that you should improve on and what are the things that you should continue doing. 5. Share the "productivity" virus. Many people are inspired to continue the good things that they are doing if others around them are willing to follow. It is the total dollar value of cars produced in a given period of time divided by the total number of worker-hours needed to assemble them. KLEMS In labor productivity, the equation is simply output divided by input (O/I). On the other hand, multi-factor productivity growth is the rate of output growth relative to the growth of all production inputs labor, energy, materials, and services. For example: company X had produced 100 units of products in one week, and in the next, was able to come with 120 units. The performance productivity would have increased by 20%. In comparison, the focus on the output value is grouped as a financial productivity. Suppose that company X had produced 100 units of products in the first and second week.