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Enhancing Labor’s Contribution to Productivity: Prioritizing Productivity to Drive Growth, Competitiveness, and Profitability (CHRO Summary)


June 2015 | Publication

With little improvement in sight to the substantial declines in productivity worldwide, in the next year we will start to see the effects of a productivity crisis—including squeezed profits and rising labor costs. The human capital function has an essential role in mitigating this crisis.

The productivity slowdown creates new challenges for CHROs and CTOs concerning wage inflation, company culture, employee engagement, and workforce skills. This report outlines these challenges and details how to tackle them.

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


AUTHORS

BartVanArk1.jpg

Bart van Ark

Outgoing 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

AbdulErumban.jpg

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

GadLevanon.jpg

Gad Levanon, PhD

Vice President, Labor Markets
The Conference Board


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Our Experts

BartVanArk1.jpg

Bart van Ark

Outgoing 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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