Business Productivity

Business productivity refers to how effectively a company uses its resources—such as time, labor, and materials—to produce goods or services. It measures the output or value generated compared to the inputs used. Higher productivity means the business is making better use of its resources, often resulting in increased efficiency, profitability, and competitiveness. Improving productivity can involve streamlining processes, adopting new technologies, or enhancing employee skills, ultimately helping the business achieve more with less waste and effort.