"The Chinese market can't go from low productivity to high in 18 months, " admits Hanson.
This is the scalability needed to break the low productivity trap holding back traditional education.
FORBES: Why Fixing America's Schools Means Increasing Teacher Productivity
Limiting redundancies was a condition of privatisation last year, but at the cost of low productivity.
They are working in the informal sector with very low earnings and very low productivity.
And it coexists with two longstanding Brazilian weaknesses: high job turnover and low productivity growth.
Low productivity remains its Achilles heel, with no clear signs of any recent pick-up in its trend growth.
The root challenge is to improve the low productivity of 1.5 billion small farmers in the developing world.
To slow the growth of tuition, we need reforms that attack the inefficient cost structure and low productivity in higher education.
FORBES: Attacking Higher Ed Cost Inflation: Reform Academic Employment Policies
But stimulus alone can only provide a bridge while governments address the causes of economic weakness, typically low productivity and weak competitiveness.
The low productivity worker who loses a job is clearly worse off.
There is little competition, and therefore low productivity, in the service sector.
These resources helps in building the resilience and adaptation of local communities, to the impact of natural disasters such as droughts, floods, desertification, low productivity, etc.
Because time and time again, I hear teams and managers cite personality conflicts and incompetence as the reasons for their low productivity and dysfunction.
However, when the cost to maintain these stores is considered, low rent may not be enough to justify investing in outdated, low productivity units.
FORBES: J.C.Penney's Deteriorating Sales Likely To Cause Store Closings And Charges
Leaders who inspire trust garner better output, morale, retention, innovation, loyalty, and revenue, while mistrust fosters skepticism, frustration, low productivity, lost sales, and turnover.
FORBES: You Can't Be a Great Leader Without Trust. Here's How You Build It
According to McKinsey, this local protectionism is the largest reason for the low productivity of Japanese retailing, with output per worker half the U.S. level.
"They're a bit worried about low productivity - in other words, more people in work, but not producing proportionally the amount that you would expect, " he said.
The adversarial relationship resulted in low productivity and noncompetitive wages.
Better infrastructure and education in the more urbanised north mean that the benefits of Mexico's membership of the North American Free-Trade Agreement have accrued there, while income in the south stagnates because of low productivity.
Just as the workers at Exxon would be poor not rich by global standards i9f they had a low value add: for they would have the low wages to go along with the low productivity.
FORBES: Occupy London: Falling at the First Step for GDP != Turnover
Denmark has been insulated from Europe's deepest economic problems because of its low public debt, but municipal finances are tight and wages have been under extreme pressure in recent years amid concerns about exports and low productivity.
WSJ: Danish Job-Seekers Sit in Storefront Window to Find Work, Draw Employers' Attention
India's low productivity is the central preoccupation of McKinsey's analysis, which starts with the unexceptionable observation that India needs nearly to double its economic growth rate to 10% if it is to employ the masses due to enter the workforce over the next decade.
It is a shame you were not able to forecast sooner the collapse in our economy despite the abundant signs: an extreme dependency on construction and tourism, very low productivity, poor rankings in education on every international indicator, a stiff labour market, obstacles to starting a business, the end of the flood of money from Brussels, etc.
Globally, water is saved if agricultural products are traded from regions with high water productivity to those with low water productivity.
If half of the population is locked into low-productivity work, overall growth will obviously be limited.
It may engineer growth by mobilising people and resources from low-productivity activities, like subsistence agriculture, toward industry.
Described by 20th-century economist Arthur Lewis, this is the point at which excess labor in low-productivity industries has been fully absorbed into the high-productivity industries.
They tolerated high labor costs and low manufacturing productivity for years in South America, while they focused on growth markets like Asia, which had more immediate potential.
However, when you think about it, a low student-teacher ratio goal, is specifically a low-productivity goal inconsistent with productivity increases needed to stretch scarce tax and tuition dollars.
FORBES: Why Fixing America's Schools Means Increasing Teacher Productivity
应用推荐