Profit share: a stroke of genius

1995-11-01T00:00:00

Productivity improvements, Pillay told a recent gathering of young SIA recruits, are realised chiefly through investment in resources - whether in facilities, equipment, aircraft or people. 'But productivity is more than that. The cognoscenti talk of Total Factor Productivity, or TFP. TFP is essentially the art of working and managing ...

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