June 4, 2023
The Productivity Crisis Series
Have roles & seniority decoupled from skills & experience? An organizational self-assessment.
We are experiencing The Productivity Crisis worldwide, as companies and individuals. The current predicament results from decades of capital engineering culminating in the easy money era of the last decade. Cost insensitivity, followed by investment ineffectiveness, set off The Productivity Crisis domino. Poor organizational designs, over-staffing, seniority and pay inflation, and decoupling of skill from employment rewards formed the domino that epitomizes this crisis. Self-diagnosing our organizations for this domino will set us up for remedial actions.