{"id":99765,"date":"2020-03-09T17:41:54","date_gmt":"2020-03-10T00:41:54","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=99765"},"modified":"2020-03-09T17:41:54","modified_gmt":"2020-03-10T00:41:54","slug":"productivity-enhancement-and-complicated-economic-issues-in-sri-lanka","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2020\/03\/09\/productivity-enhancement-and-complicated-economic-issues-in-sri-lanka\/","title":{"rendered":"PRODUCTIVITY ENHANCEMENT AND COMPLICATED ECONOMIC ISSUES IN SRI LANKA"},"content":{"rendered":"

BY EDWARD THEOPHILUS<\/strong><\/em><\/span><\/h2>\n\n\n

Modernization has been affecting the economic, social and cultural environment of Sri Lanka and it seems that the government policy framework also enthusiastic about going with modernization. Sometimes, people feel that modernization invaded many areas of the country creating distortion or a deformity in attitudes of people and the real behavior of them. The impact of modernization has brought a complexity in economic issues and policymakers have uncertainty on how to approach the productivity-related issues. <\/p>\n\n\n\n

After\nthe presidential election in 2019 people expect the president’s intervention\nfor everything in the country and this situation may be a result of election disposition.  The administrators and policymakers cannot\ndepart from the election disposition and work on the reality of the economic\ncondition of the country as it is a culture of Sri Lankan style of democracy that\nwhen parliament dissolved many uses the election environment to force the\ngovernment for winning of various demands.<\/p>\n\n\n\n

Administrators\nand policymakers need especially concentrating on the fact that the\nproductivity of government and private sector both in Sri Lanka are lower than\nin many country countries.  There is no\nequilibrium between the productivity of an employee and the payment for the\nemployee.  What is the contributing\nfactor for lower productivity?  It is\ninvolved in a range of factors and the major reason is the country has not\ndeveloped a management culture that supports productivity enhancement. <\/p>\n\n\n\n

The\nlower productivity is a historical issue in the economy and a general knowledge\nquestion popular among small kids in villages is that if a woman weaves 20\ncoconut branches in a day, how many branches would be weaved by 10 women in a\nday, the answer is zero.  The reason for\nthe answer is ten women will be talking gossips than working and no\nproductivity will be generated in the workplace.  It is not a skill or knowledge related\nproblem, but a problem related to workplace values and management related\nquestions. The changing this environment is a massive task. <\/p>\n\n\n\n

The lower productivity has spread to the entire work environment in Sri Lanka which means that government and private sector spending are not productively using in the country.\u00a0 According to the Keynesian theory, it may positively impact the aggregate demand, however, the government considers productivity of employees spending macroeconomically more effective in the country. The government in fact needs to determine to generate productivity for each rupee spending and then only the country achieves its expectations.\u00a0 Despite many changes in workplace attitudes administrators of Sri Lanka are still in a conservative environment to get the service from employees without harming their behavior and it shouldn\u2019t be the policy priority.\u00a0 Policymakers need clearly understand that have the cake and eat the is an impossible task. <\/p>\n\n\n\n

If\nit looks back the policy management in Western countries after the cold war\nmany countries used microeconomic reforms to increase productivity in\norganizations and operated effective plans in the individual organization\naccording to the practical environment.  The following practical policy actions were\npopular.<\/p>\n\n\n\n

  • Invitation of private\ncapital and management knowledge and skills in government enterprises to\nmodernize them with new capital reducing fiscal spending of the government.<\/li>
  • A sharp control of\nexecutive payments in private companies and the productivity of executives\nbecame the major factor to determine the reward and executives of private\ncompanies gave company shares to maintain a higher and increasing share value.<\/li>
  • The technology used\norganizations with a difference either government or private without a\ndifference to generate efficiency and effectiveness.<\/li>
  • Individual organizations\nused management techniques to give promotions and salary increments and the\nmost effective measure was the evaluation of daily work performance by\nsupervisors.<\/li>
  • The crackdown of trade\nunion power and the use of various techniques to reduce members of unions<\/li>
  • Establishing seven days\nweek thereby reducing the cost of employing people such as overtime, penalties,\nand many others.<\/li><\/ul>\n\n\n\n

    Politics\nand culture of Sri Lanka might restrain the application of the measures used in\nWestern countries; however, such measures could be used in a different format.\nSome measures adapted to the country and the effectiveness of such measures\nseem to less effective.<\/p>\n\n\n\n

    Corruptions\nin public and private organizations remain higher and the president had to\nintervene such as in the motor vehicle registration office and other places.<\/p>\n\n\n\n

    The recultivating neglected paddy lands appear to be highly successful and the effort will positively impact the productivity in the country.\u00a0 A similar type of motivation in public and private office needs and building a movement would be an option for productivity in Sri Lanka.<\/p>\n","protected":false},"excerpt":{"rendered":"

    BY EDWARD THEOPHILUS Modernization has been affecting the economic, social and cultural environment of Sri Lanka and it seems that the government policy framework also enthusiastic about going with modernization. Sometimes, people feel that modernization invaded many areas of the country creating distortion or a deformity in attitudes of people and the real behavior of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[],"class_list":["post-99765","post","type-post","status-publish","format-standard","hentry","category-edward-theophilus"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/99765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=99765"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/99765\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=99765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=99765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=99765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}