Managing Productivity in Welsh Firms: Final Report

Abstract

This is the final report on productivity from the Hodge Research Project, which seeks to provide a better understanding of how firms’ management practices affect productivity in the context of Wales. The report gathers new evidence on management practices against the background of a low productivity economy. It draws on the findings of a survey of a broad and diverse range of businesses in Wales seeking to find answers to why productivity is lower in Wales than elsewhere (see Figure 1). Whilst many other reports have dealt with productivity at an aggregate level, this report seeks to provide a better understanding of some of the more micro-elements of the ‘productivity puzzle’ in Wales. The survey involved face-to-face interviews with seventy-four companies...