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ethics in productivity(3)

Date post: 05-Apr-2018
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    ETHICS IN PRODUCTIVITY

    Show me a people composed of vigorous, sturdyindividuals, of men and womenhealthy in mind and body,- courteous, brave, industrious,

    self-reliant, purposeful inthought as well as in action; imbued with sound patriotism

    and a profound sense ofrighteousness, with high social ideals and strong moral

    fiber, and I will show you agreat nation that will not be submerged.

    from speeches of the late President Manuel L.Quezon:

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    a nation is built on the

    character of its people and its

    institutions. It is rooted in all domains ofgovernance.

    the success or failure of a nation greatly

    depends on the strength of the nationsmoral fiber

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    For individuals and organizations, ethicsmotivates us to look inward and to apply

    our sense of right or wrong in whateverindividuals and organizations do whetherat home, in the office, in themarketplace, in the streets.

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    In an environment where cutthroatcompetition is the norm and where

    primordial concerns are profits andsurvival, some may be misled intobelieving that ethics and

    productivity are irreconcilablepropositions.

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    Ethical management, the underlyingpremise of which is that companies do

    not have to cheat or circumvent laws inorder to win.

    Built to Last.

    The study has confirmed that those thatoutperform their industries share and exhibita common set of traits and behaviors.

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    All these underscore an empirical factthat business does not only mean

    profits. Now, business ethics means theattainment of a higher goal, that is; asense of corporate responsibility towardsfulfilling the task of nation building.

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    After all, making the best use ofresources is productivity, no less.

    Those standards for individual behavior,however, should connect the

    individual to the objectives, goals and

    targets of the organization, then from theorganization to the overarchingobjectives of our society

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    organizations, productivity means beingable to pursue their roles to the fullest

    Clearly, we cannot just isolateproductivity from ethics. To a largeextent, the former is a function of thelatter.

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    Productivity concept in manufacturing is

    analyzed in

    the scope of organization, but in theservice sector this scopeis larger and involves an external element

    from the organizationalposition customer. Some of the service

    organizationsreduce an input element by including

    customer to their activity and will boost

    productivity

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    Service sector input elements such as materials,

    machines and energy are not as important as in

    manufacturing.The main element in service sector is labourbecauseservice sector is more personnel-intensive comparing tomanufacturing. Output in manufacturing is measuredby quantity units and boosted by increasing the

    amounts of production, its realization. Service sector

    output usually has no high values by the quantity

    aspect, therefore it is mostly increased by the attempt

    to provide higher qualityservices to the customer,seeking for better customer satisfaction

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    From 1949 to 1973, the Bureau of LaborStatistics (BLS) estimates that U.S. non-

    farm multifactor productivity grew at1.9% per year. After 1973, multifactorproductivity grew only 0.2% per year(table A). Despite a 20-year intensive

    research effort to find the cause, noconvincing explanation of the post-1973productivity slowdown exists.

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