Importance of Productivity in Both the Private and Public Sectors

There has been continuing emphasis on the importance of productivity in both the private and public sectors. Presidential statements have underscored the importance that has been attached to productivity. In October 1974, the Office of Management and Budget issued a memorandum to the heads of all departments and agencies stressing the importance of the Federal productivity effort. This effort has been centered in the Joint Financial Management Improvement Program. In connection with this program, the Civil Service Commission operates a Clearinghouse on Productivity and organizational Effectiveness that is a focal point for collecting and disseminating information about productivity measurement and improved personnel management techniques. The Congress has also shown an increased interest in productivity by establishing the National Center for Productivity and Quality of Working Life. In addition, a number of congressional committees have shown special interest in productivity.