Remove Cost of Capital Remove GDP Remove Human Resources Remove Operations
article thumbnail

The Case for Investing More in People

Harvard Business Review

In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. Unfortunately, this virtuous cycle appears to be broken. Productivity in most developed economies has been anemic. And wages are stagnant.