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The Profit Equation: Prioritizing Productivity to Drive Growth, Competitiveness, and Profitability (CFO Summary)


June 2015 | Publication

The global economy appears to be sliding into a productivity crisis, but increasing productivity goes beyond simply controlling costs. Research shows the decline in productivity growth is largely due to inefficiencies in investments in things like equipment, human capital, and organizational processes.

Principle areas of focus for the finance function, therefore, are ensuring productivity is a component of the conversation about profits, driving operational excellence through intangible investment, and maximizing innovation’s effect on productivity through those investments. This report details these approaches and illustrates the relationship between productivity and profits.

Explore our full portfolio of thought leadership on productivity and competitiveness.



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AUTHORS

BartVanArk1.jpg

Bart van Ark

Executive Vice President & Global Chief Economist; Program Director, CFO: Fortune 250 Council
The Conference Board

Ataman.jpg

Ataman Ozyildirim, PhD

Director, Economic Research, and Global Research Chair
The Conference Board

ElizabethCrofoot.jpg

Elizabeth Crofoot

Senior Economist, Labor Markets
The Conference Board

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Abdul Erumban

Senior Research Fellow
The Conference Board
Assistant Professor, Economics
University of Groningen

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Prajakta Bhide

Senior Economist
The Conference Board

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Gad Levanon, PhD

Vice President, Labor Markets
The Conference Board

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Our Experts

BartVanArk1.jpg

Bart van Ark

Executive Vice President & Global Chief Economist; Program Director, CFO: Fortune 250 Council

Ataman.jpg

Ataman Ozyildirim, PhD

Director, Economic Research, and Global Research Chair

GadLevanon.jpg

Gad Levanon, PhD

Vice President, Labor Markets

CarolCorrado1.jpg

Carol Corrado

Senior Advisor and Research Director, Economics Program

AbdulErumban.jpg

Abdul Erumban

Senior Research Fellow

ElizabethCrofoot.jpg

Elizabeth Crofoot

Senior Economist, Labor Markets

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