Knowledge@Australian School of Business

The Productivity Riddle: What Policymakers Don't Know and Managers Need to Find Out


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Productivity, and its recent decline in Australia, are becoming the

21st century's biggest conundrums. Reforms are needed to heighten
incentives for employers and increase organisations' flexibility, claim
experts. Meanwhile, a forum that was promised prior to the last federal
election to address key productivity issues is still awaited. There are
more questions than answers concerning what drives productivity, which
policy changes are needed and just what will make a difference within
sectors and companies. But a US study that scoped out key areas for
managers' consideration offers some leads.

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