"Enhancing the productivity of Hong Kong's businesses is key to the recovery of our competitiveness, " he said.
In it CHROs say that they are relatively effective in managing labor costs, evaluating workforce performance, enhancing workforce productivity, sourcing and recruiting, and retaining talent.
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After all, like health insurance, broccoli has the potential to improve health, thereby reducing health care spending and perhaps enhancing economic productivity of the workforce.
So much for all that work and the productivity enhancing stuff we were going to do on our smartphones, hunh?
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Thanks to a slew of efficiency-enhancing reforms, productivity soared and investment boomed.
What this means to me is that businesses which have implemented productivity enhancing actions have to reach a higher top line threshold before they will consider adding jobs than in past periods.
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Consequently, as we look at companies today with a lot of cash on their balance sheets, but a lot of uncertainty in the macro environment, technology is actually a very interesting place for companies to make capital investments today, because technology investments tend to be productivity enhancing and not capacity enhancing.
And so high-density development patterns have the same kind of productivity-enhancing benefits that free trade does.
The brothers bought it cheap, so they were able to invest heavily in new, productivity-enhancing equipment.
Bridgestone said its profits were also lifted by "improving manufacturing productivity, enhancing technology and effectively utilising our management resources".
This shift gave people an incentive to improve productivity by enhancing agricultural technology.
In the long run bold productivity-enhancing reforms will do more to boost the rich world's growth prospects than short-term fiscal austerity.
It is a marvelous combination of Palm handheld, with all the productivity-enhancing benefits that implies, plus all the time-wasting fun of a Game Boy.
The most fundamental one remains the Baumol effect: labour-intensive services, such as nursing and teaching, have thus far proved as immune to productivity-enhancing technology as string quartets.
So politicians should eschew policies that reduce the long-term growth rate, such as protectionism or higher taxes, and focus instead on measures that boost the growth potential, such as more flexible labour markets and other productivity-enhancing reforms.
So, we like in particular enterprise software companies, like Oracle ( ORCL) and SAP ( SAP) are two great examples of very strong companies that have great global businesses that are participating in that kind of software, productivity-enhancing investment across the world.
In a recent study, economists at the IMF analysed the respective impact of deficit reduction, global rebalancing and productivity-enhancing structural reforms on the growth prospects of big rich economies and found that by far the strongest positive effect came from structural reforms.
And this is why it is vital that we acknowledge that not all innovations are equally effective at improving our productivity, and that sometimes, the best way of enhancing our performance is to turn off the monitor, disconnect the telephone, and simply think.
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