THE PRODUCTIVITY PARADOX - A Philosophical Analysis and Its Impact on the Fields of Management Science and Operations Management
AbstractThe Productivity Paradox whereby productivity and profits are not directly related has befuddled the field of management and its disciplines of management science and operations management for a while now. It has seriously affected the methodology and framework of the measurement of productivity, so much so, that it threatens the philosophical approaches to the subject material and causes a rift between various practitioners of management science and operations management. Son in a 1990 and subsequent 1994 paper, is probably the first to propose an alternate performance measure which correctly relates the various factors involved in productivity and consequently remedies the productivity paradox. This paper will argue in favor of such a proposal and demonstrate the various philosophical implications.
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Bibliographic InfoArticle provided by Global Journal of Strategies & Governance in its journal Global Journal of Strategies, Governance & Applied Economics.
Volume (Year): 7 ()
Issue (Month): 2 ()
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Productivity; Management Science and Operations Management;
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