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Productivity growth is vital for the economy. Few companies actually create it
Chameleons change their color to blend in. The Great Wall can be seen from space. Productivity growth comes from thousands of firms adopting the latest technologies and processes. All sound plausible—and all are wrong. The reality is that productivity growth comes from a small number of companies moving a mile—by finding new ways to create business value—rather than by many firms moving a few inches through imitation, write Eric Kutcher and Olivia White in Fortune.
Chameleons change their color to blend in. The Great Wall can be seen from space. Productivity growth comes from thousands of firms adopting the latest technologies and processes. All sound plausible—and all are wrong. The reality is that productivity growth comes from a small number of companies moving a mile—by finding new ways to create business value—rather than by many firms moving a few inches through imitation, write Eric Kutcher and Olivia White in Fortune.
