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Could Vietnam compete proactively by
labor productivity?
Presented by:
Mr. Ngô Đình Đức
June 2015
1
NEW CONTEXT
2
PRODUCTIVITY
3
OutputsSystem
conversion
process
Inputs Customers
Goods
and
services
Land
people
capital
facilities
equipment
tools
energy
materials
information productivity
O
I
1.Productivity = Output/ Input
a. Input = resources such as capital; factories; offices; machinery;
human; materials,…
b. Output = products or services produced
4 FACTORS OF PRODUCTIVITY
4
5
Năng suất lao động bình quân giữa các quốc gia
NATIONAL COMPETITION PERSPECTIVE
INDUSTRIAL COMPETITION PERSPECTIVE
Correlation of Indicators:
• $Revenue/head count
• $Cost HR/Revenue
• %turnover/year
• %Market share
• Leadership index
6
ENTERPRISE PERSPECTIVE
7
Correlation of Indicators:
• $/sales
• #client/staff
• #product/worker
• …
1. Organizational design capacity (business
model, organizational structure, processes, HR
system ...)
2. Capacity/ skills of team
3. Capacity of using/innovating technology
4. Workforce planning and Implementation
5. Talent development program
6. …
8
FACTORS THAT MAINLY AFFECT LABOUR
PRODUCTIVITY
Nguồn khảo sát L&A
1. Leadership & Management
2. Core competency
3. Skills set
4. Change management
5. Engagement
6. …
9
MAIN OBSTACLES IN PRODUCTIVITY IMPROVEMENT
Nguồn khảo sát L&A
EXPECTATION FOR HR HEAD
10
Nguồn ORACLE/TALEO
HR ROLE IN NEW SITUATION
11
12
HR ROLE IN NEW SITUATION
13
HR ROLE IN NEW SITUATION
14
HR ROLE IN NEW SITUATION
THANK YOU
15
Ms. Trâm Trần
Business Development
Director
[e] tram.tran@l-a.com.vn
[m] 0909 261 811
[t] (84 -8) 3910 3311– Ext : 354
[f] (84 -8) 3910 0468

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