PIP - Productivity Improvement Programmes Program ... - MPC
PIP - Productivity Improvement Programmes Program ... - MPC
PIP - Productivity Improvement Programmes Program ... - MPC
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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