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PIP - Productivity Improvement Programmes Program ... - MPC

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18<br />

PRODUCTIVITY & INNOVATION ENHANCEMENT PROGRAMMES 2012<br />

<strong>PIP</strong> 105:<br />

CREATING VALUE THROUGH<br />

PRODUCTIVITY MEASUREMENT<br />

RATIONALE<br />

“What gets measured, gets managed”. This quote relates to the<br />

importance of productivity measurement in the business scenario.<br />

“In view of global challenges and financial crisis, Malaysian industries<br />

should measure productivity and implement productivity initiatives in<br />

order to improve their performance and competitiveness. It is essential<br />

for companies to measure productivity and implement productivity<br />

improvement programmes to increase their performance and enhance<br />

competitiveness. Inappropriate measurements may lead to poor<br />

interpretation of the company’s performance and affect its planning.<br />

OBJECTIVES<br />

At the end of this course, participants should be able to:<br />

• Understand the value creation concept and productivity analysis<br />

• Analyse and interpret productivity through company financial<br />

statement

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