**April 23, 2024** #### **Links** [Transistor](https://feeds.transistor.fm/essential-dynamics-with-derek-hudson) [Spotify](https://open.spotify.com/show/3DBRCVFep0YbYeLPcVVXQv) [Apple Podcasts](https://podcasts.apple.com/ca/podcast/essential-dynamics-with-derek-hudson/id1542392917) [Podcast Addict](https://podcastaddict.com/podcast/essential-dynamics-with-derek-hudson/3153944) #### Summary Dave and Derek follow up the last episode on Canada's productivity problem with their productivity prescription. #### Concepts - [[Productivity]] - [[Value Chain]] #### Quotes >Your productivity gains are going to come fastest and with the best return by going after the leverage points. >There is a lot to be said for understanding your value chain, and understanding what the trickiest and most valuable part is, and then making sure that it is elevated to its highest capacity, and everything supports that. > >You would want an organization to have the highest possible quality and then confidently charge a customer for that and have the customer say, "I'm receiving great value...." It's increasing the value and then increasing the recognition of that value as it flows through the value chain. That's probably the first thing... The second thing would be to increase the flow through the constraint, because it doesn't cost you more. >One suggestion that I have \[for government]: Let's level up the expertise. Let's get to be better managers, and support organizations that help people be better managers. >There are reasons that our economy settles the way it is. There are natural forces, natural laws, supply and demand, natural selection - and so we're here, where we are, for a good reason. So you have to honour that, and move from where we are, addressing the leverage points. And that's the best way to have an integrated economy, that's the best way to scale a company. >I don't expect a brilliant business owner to know how to do this stuff because they are spending their time taking care of their customer. So that's why organizations like Unconstrained exist - to be that guide, that partner with an organization that's really good, that could get that much better. >Canada's productivity emergency is that we could be better managers!...So let's figure out ways that we can support each other, and that policy makers and funders can support every organization's management to get better. That's the quest that I signed up for a long time ago. >The productivity prescription is "Let's level up management." #### See also - [[Episode 91 Canada's Productivity Emergency]] - [[Episode 7 Constraints]] - [Unconstrained](https://getunconstrained.com/) %% Outtakes >What's my contribution - my value add - per hour of work, or even more specifically, per hour of constrained resource? >We've got these symbiotic ecosystems, and we need to step it up in the context of that, and addressing your leverage points in an organization is the best way to do that. ![[WhatsApp Image 2024-05-03 at 12.50.44_310e2923.jpg]]![[WhatsApp Image 2024-05-03 at 12.51.50_bf4bcf92.jpg]]