Labour Movement Goes on the Offensive, Calling for Total
Productivity, Pervasive Innovation, Inclusive Workforce Creating
Growth the CBF Way
The Labour Movement is targeting a three percent productivity
improvement this year.
The target, unveiled at its Workplan Seminar this morning, is at
the top end of what was recommended by the Economic Strategies
Committee or ESC last week.
Taking the cure from the ESC, the National Trades Union Congress
stressed that the push for productivity this time round must be
broad-based and inclusive.
Its ‘Total Productivity’ strategy underlines that the productivity
drive must embrace All Sectors, All Enterprises and
All
Workers.
It says over time, this strategy will foster a productivity
eco-system where improvements in one sector or company reinforce
those in another.
At the same time, the Labour Movement is calling for a quantum leap
in innovation.
Its ‘Pervasive Innovation’ strategy targets 100 per cent innovation
breakthroughs in 3 per cent of companies spread across all
sectors.
It says this will result in innovation that pervades all frontiers
of the economy and fuel productivity growth, not just for this
year, but into the future.
The Labour Movement’s macro targets for 2010 are to contribute
towards sustaining full employment, increasing the employment rate,
and minimising underemployment.
It says ‘Total Productivity’ and ‘Pervasive Innovation’ will be the
twin engines that will power its push towards these targets.
The Labour Movement is now looking to the Government to unveil bold
measures in its Budget Statement.
At the same time, it looks to employers to take the lead in driving
the national productivity charge.
The Labour Movement says it's confident that with the backing of
the tripartite partners, it will be well-positioned to achieve the
targets, powered by an inclusive workforce.
--938Live