Labour productivity as an element of business success criterion

The society welfare and the degree of satisfaction of its needs depends in the first place on success of national economy, i. e. on the performance of factors of earning the society uses. Therefore, the performance, i. e. productivity measurement of individual factors represents one of the basic indicators of how the economy functions. In spite of the fact that for analysis as well as for management its is interesting to follow each individual factor of productivity, the labour productivity has an exceptional importance. Only human work increases available quantity of resources for satisfaction of needs. On the existing stage of social division of labour the succes of national economy depends on productivity of each of a series of economic subjects. The woodworking industry without regard to its comparative advantages can in the first place base its furt her development on increase of productivity. The more so as the development, because of its limitation of domestic market depends on competitiveness of this industry on the world market. For that reason it is necessary to measure, to compare and to study the labour productivity in every organization of associated labour, regardless of series of obstacles that would appear which would make a part of preparation of business decision-making. Here it should not be disregarded that the labour productivity is not an end in itself - it is only one of elements for measuring efficiency.