Improving productivity really means "Can we get more profit from our assets and from our people?"  Consider the "Working Capital Cycle"

What are the implications of:

·         Improving stockturn?

·         Reducing average Debtor days?

·         Increasing average Creditor Days?

Employees are the largest single cost factor for many businesses, but the answer to improving profits is not always cutting staff.  Catalyst can assist in:

·         Reviewing 'value added per employee' and benchmarking the results;

·         Reviewing staff "Utilisation rates".

Opportunities for improvement in productivity may lie in reducing errors and waste (have you measured these?) and improving systems and processes.