LNS Research
Pathfinders 2024 Benchmarking Report on Productivity
Pages
84
Time to read
60 mins
Publication
Language
English
Pages
84
Time to read
60 mins
Publication
Language
English
This document is a benchmarking report titled 'Pathfinders 2024 – Benchmarking the Journey of the World's 30 Most Productive Companies.' It presents the inaugural results of the Industrial Productivity Index, which tracks productivity trends among over 330 publicly traded companies across ten verticals. The report outlines a significant decline in industrial productivity over the past two decades, with a noted decrease of 37% from 2004 to 2016, followed by a flattening of declines until 2020, when productivity began to increase. The report also discusses the challenges faced by the global industrial sector, including a multi-decade productivity decline despite substantial investments in technology and infrastructure. Furthermore, it highlights the performance of the identified Productivity Pathfinders, which have managed to achieve notable revenue growth and improved operating margins. The document emphasizes the importance of effective leadership and strategic management in driving productivity growth and sustaining value delivery to stakeholders.