3P Model and Feedback Loops for Productivity Improvement: The Case of ABC Printing Company

Abstract

3P model is designed and developed to measure the economic health of the organization. Economic efficiency is the deciding factor for any company success. High productivity, growing market share and the rising profitability are the true indicators of the company growth. The growth of developed economies is due to productivity enhancement which is largely attributed to the technological innovation. Productivity improvement in any firm is not a knee-jerk activity. It is result of continuous and structured effort, technology implementation, human motivation and organization culture due to top management commitment and management support. Organizational culture and leadership style constitute the key components of productivity improvement coefficient having techno-ware, info-ware, human-ware and orga-ware. Feedback thoughts are the system structures that establish the role of key elements of productivity improvement. This paper unveils the underlying structure of 3P model considering variables that are interlinked, interconnected and time-dependent with feedback notion. The proposed mental model depicts the true story of the productivity improvement model.