For those reasons, ships are often designed to operate at a relatively slow speed of 15-20 knots, which inhibits their potential productivity.
Land reform will also help unlock massive potential productivity gains.
Arthur Kroeber of GK Dragonomics, a consultancy, says the country still enjoys a considerable tailwind from urbanisation and a huge potential for productivity gains as it adopts new technology.
But they may be underestimating the potential for productivity gains in Europe, as the single currency boosts competition and encourages firms to exploit economies of scale through mergers and acquisitions.
The transition period would last at least 12 years and sensitive products, and those where there is little potential for productivity gains, can be excluded (around 20% of the total, according to a recent assessment).
But even with the potential for productivity gains from newer technologies, it's tough for many enterprises to stomach the prohibitive costs of a companywide upgrade to the latest software and hardware, especially during the current economic downturn.
For Japan, a wealth of potential improvement in productivity resides not far away, in China.
But the panic over a potential reduction of productivity during the NCAA Tournament may be grossly inappropriate.
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Within the Energy 2030 Plan a national strategy to enable every state to realize its potential for energy productivity.
Mr Howard emphasised instead the patient's autonomy and the potential for greater productivity in a world free of government targets.
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Although watered-down in terms of union transparency, the bill has the potential to increase productivity, to boost employment, and to improve competitiveness.
Two: These CEOs remain believers in IT's productivity potential.
And they love the productivity potential cloud-based applications offer.
The endless restructurings and mergers have definitely distracted many companies, and created a big brain drain, but the underlying intrinsic productivity potential of many of these groups has gone up, not down, from what I can tell.
Simply put, this trend has big potential to revolutionize information-worker productivity.
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The second possibility is that not only the level of UK productivity, but its potential growth rate was permanently damaged by the financial crisis - or maybe, the crisis revealed that we had been kidding ourselves for a long time about the rate at which the economy could safely grow.
Employees whose whole lives are now better recognized and accepted, and who are thus better empowered and engaged, will be more likely to fulfill the promise of their potential to help drive organizations towards greater productivity, creativity, entrepreneurship and ultimately profitability.
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Despite their ability, their productivity could be well below its potential.
Whether your talent leaves to achieve their aspirations elsewhere or your talent stays but with unlocked potential, the result is lower levels of productivity, engagement, and lack of talent readiness for the future.
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.
On the basis of the past few years, he thinks the trend rate of productivity growth - and thus the economy's potential growth rate - is lower than we thought before the crisis.
The first is that America's potential growth rate is much higher than conventional wisdom suggests, because productivity is much higher than official statistics measure.
When the cyclical recovery does come, it is conceivable that it will be the euro zone that is able to exploit its improved productivity and increased competitiveness to grow in line with its potential.
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.
In a study last year, researchers at Concordia University found the potential benefits of workplace autonomy to include greater employee commitment, better performance, improved productivity and lower turnover.
If structural reforms are not implemented, the latest recession may be mild, but, according to Tetsufumi Yamakawa, an economist at Goldman Sachs, long-term potential growth may decline to only 0.6% a year by 2009, as productivity growth stalls and the labour force shrinks.
He says the crisis might have robbed us of some of that economic slack, but there is nothing in the recent data, including the productivity numbers, to suggest that it has permanently destroyed as much of our potential as the OBR and others suggest.
Any more than you would want the UK's productivity - output per head - to keep falling, or our economy to continue operating so far below potential.
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