Productivity Puzzles

What makes a business productive? Do businesses have a sense of what they’re good at and where to improve? This episode of Productivity Puzzles looks at the Productive Business Index produced by Be The Business, one of The Productivity Institute’s strategic partners. The index, which has been published since 2020, serves as a barometer on how business leaders think their organisation is faring. Th...

What have policies to boost science, technology and innovation done for productivity? Which policies are most effective? Which countries have been most successful in using them? This episode of Productivity Puzzles steps away from the usual panel format to engage in a reflective conversation between Bart van Ark and Dirk Pilat, a seasoned expert with over three decades of experience in shaping sci...

How have some troubled cities overseas turned themselves around? What did they invest in? How did they organise themselves? Cities are concentrations of economic activity where businesses tend to locate, not just because many of their customers are there, but also because that’s where most of the skilled workers live and where – more broadly – innovation is happening. Economists call this agglomer...

Will artificial intelligence rescue us from the productivity demise? If humans cannot get productivity up, can intelligent machines bring about the productivity revival? While certainly not the only digital technology that has come along in the past few decades, AI perhaps speaks to our imagination more than all those before it as it directly impacts on the daily activities of many listeners to th...

Can we make the economy greener and still be productive? Or even better, can productivity help us to make the economy greener? This episode of Productivity Puzzles examines what climate change and the transition to a Net Zero means for productivity, and whether the challenges to green the economy make it even harder to raise productivity. Crucially, can productivity help to make the economy greene...

Is the five-day work week becoming something of the past? Does working less make us and the organisations that we work for better off? Could it even make us more productive? This episode explores the four-day work week, which has become a popular topic in the media, chats at the water-cooler, and, more recently, in boardrooms. With more firms committing to a shorter work week without a noticeable...

How do Further Education Colleges contribute to the provision of skills needed for innovation and productivity in regions, cities and towns? How do they identify what businesses need, and how do they work with firms, local government and other schools? This episode of Productivity Puzzles focuses on the findings of a summary report looking into these issues, which was commissioned by The Productiv...

There is a new UK government department for science, innovation, and technology. Will the new standalone entity turn Britain into the science superpower that it hopes to become? Will the new department lift productivity growth during the hard times that the country is currently facing? This episode of Productivity Puzzles investigates these issues and more. Host Professor Bart van Ark is joined by...

What do we know about where productivity is heading? What will happen to productivity in the UK, around Europe, and even around the world? This episode takes a forward-looking perspective on future productivity and what needs to be done to realise that productivity potential. What policy changes can be made and what measures can businesses implement to improve the productivity outlook. Host Profes...

Should the next Prime Minister embrace productivity as a cornerstone of the policy agenda for the new UK government in September? Can it help to get us through the economic winter ahead of us, and onto a path of sustained recovery? What policies are most critical, what should be continued, strengthened or perhaps stopped? The final episode of Season 1 of Productivity Puzzles looks at the policy ag...

Despite showing slow productivity growth over the past decade, the public sector has performed better than the private sector and there is quite a bit of scope for further improvement. This instalment of Productivity Puzzles delves into how and why productivity could grow in the public sector. This episode is a prelude to the publication of the Making Public Sector Productivity Practical report, w...

How can productivity benefit not just business and the economy, but also ourselves? What does it take for a society to grow productivity and raise well-being? Can digital technology make us happier, as well as more productive? In this episode, we look at which investments are needed to create more well-being and what role social factors, such as trust, play in raising productivity and well-being....

Did you know that the manufacturing sector in Wales accounts for a larger share of the economy than elsewhere in the UK? That the Welsh economy is also developing exciting new activities in arts and culture and tackling the difficult balancing act between raising productivity and improving health and well-being head on?  In this episode, we take a deep dive into the productivity performance of Wal...

Are economies making the most of their human and material resources? Through most of modern history, we've assumed that progress in technology and efficiency will make every person employed and our work more productive over time. Is this a hopeful trend? Is it still holding true? Will it hold true throughout the 21st Century? This special episode of Productivity Puzzles has been produced in conjun...

Why has economic growth slowed down? Have we already exhausted the benefits from the digital revolution? Are the trusted institutions of the 20th century now failing in the investments most needed for future growth in productivity? This episode takes a deep dive into the book Restarting the Future: How to Fix the Intangible Economy, which provides a new explanation for why growth has slowed and wh...

How do we respond to uncertainties that crises create? Are they holding us back in investing, hiring and innovating? Or can crises make us more agile and resilient, perhaps even more creative and inventive? How do we balance risks and opportunities? And what might that mean for productivity?  The combination of the COVID-19 pandemic, Brexit and the renewed level of geopolitical uncertainty from th...

Why do we need new firms? How important is business creation for employment and productivity? How has the coronavirus pandemic affected the churning of businesses? In this episode of Productivity Puzzles, we discuss business dynamism, which is about the birth, growth and decline of businesses, also called churning. The evidence shows that churning is good for the creation of new jobs, for providin...

Productivity is key to sustained economic growth, but how does it make each of us financially better off? Do productivity gains always end up in our pockets in terms of better pay? In this episode, we’ve invited scholars from the US, Canada and the UK to discuss their recent research, published in the International Productivity Monitor, which suggests productivity doesn't always make everyone bett...

How do we level up regions in a sustained manner - raising productivity and living standards, and reducing inequalities? Why do institutions matter and what should change to make it work?  The government introduced its Levelling Up agenda to the UK as part of its 2019 election manifesto and a long-promised White Paper on the subject is expected soon. There has been no shortage of suggestions in re...

Are healthy workers productive workers? And if so, why do companies still struggle to put health and well-being at the centre of good business performance? And how can this be changed?  In this episode, host Bart van Ark is joined by Sir Cary Cooper, Professor of Organisational Psychology and Health at Alliance Manchester Business School. He’s a world leading expert on workers’ health and well-bei...

How do we keep our shelves stocked for Christmas? Can we be sure our favourite restaurant will stay open? Does the NHS have the staff to reduce ever-growing waiting lists? Can productivity growth help to face the challenges of rising labour shortages in the UK economy?  In this episode, we’re taking a deep dive into the issue of an increased shortage of workers in our economy - especially so-calle...

How can companies transform their business by becoming more productive? What are the things stopping us doing this? What simple practical techniques are there to restore and increase productivity? In short, what is practical productivity? We’ve often said it before - productivity is not the thing that keeps most business leaders awake at night. Productivity is not usually part of a company’s KPIs,...

The one big question anyone working on productivity issues gets most is: how do you actually measure it? How do we count what we make? And can we capture everything needed to produce products and services? And can economists and statisticians keep up with the rapid changes in today’s modern economy?  To answer these questions, host Bart van Ark is joined by Josh Martin, Head of Productivity at the...

This year marks the centenary of Northern Ireland’s creation. What has it done for the economy? And in particular for the productivity of its people and businesses? Has greater economic stability in the 23 years since the Good Friday agreement helped to advance productivity? And what will Brexit and the Northern Ireland protocol mean for productivity going forward? Host Bart van Ark talks to three...

Are hybrid working models good for productivity? Do employers and employees think differently about the pros and cons? And how does flexible working affect our mental health and well-being? Is there a trade off with productivity that we need to think about? Let’s find out. In this episode, host Bart van Ark talks to Andy Start, CEO Government Services (Capita) & Professor Diane Coyle of the Un...