📢ANNOUNCING LNS RESEARCH'S INDUSTRIAL PRODUCTIVITY INDEX (IPI) & 2024 PRODUCTIVITY PATHFINDERS - DOWNLOAD THE INAUGURAL REPORT📢
The COO's Guide to Profitable Growth through Leadership, Strategy, & Culture
The 2024 LNS Research report introduces the inaugural Industrial Productivity Index, assessing the productivity trends of over 330 publicly traded companies across 10 industrial verticals over the past two decades. This research highlights the stark decline in global industrial productivity from 2004 to 2020, followed by a promising yet uneven recovery post-pandemic.
In this detailed report, we identify what we call "Productivity Pathfinders," 30 companies exemplifying exceptional productivity growth, and the "Most Improved Pathfinders," showcasing significant turnaround stories. Discover what these Leaders are doing differently to buck the trend and achieve real productivity gains.
🎯 Key findings include:
- Trends: A 38.6% decline in productivity between 2004 and 2020, counteracted by a 22% growth from 2020 to 2022 due to technological investments and operational adaptations.
- Pathfinders' Success: These companies achieved 10%+ annual productivity growth, driving superior operating margins, cash flow, and market capitalization gains.
- Best Practices: Pathfinders excel through strategies like unique operational differentiation, radical transparency, and robust change management frameworks.
The report also provides actionable insights for COOs, outlining strategies to bridge the productivity gap, including aligning operational and enterprise strategies, addressing organizational debt, and leveraging advanced technologies like AI. It underscores the necessity of fostering a culture of engagement and accountability across all organizational levels.
This comprehensive analysis serves as a roadmap for COOs and operational leaders aiming to spearhead sustainable productivity and profitability growth in an evolving industrial landscape.
For detailed methodology, industry-specific findings, and case studies, download the full report.