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Report rates most productive companies
The report Vietnam's Most Productive Companies 2010 was released on Thursday by Profiles International, a global company specializing in employment evaluations and management assessment tools for human resources.
The report is divided into two parts: The top 10 factors that drive productivity for the companies, and a list of the most productive companies.
"We wanted to know what made great companies great, and what it was about them that allowed them to thrive," said Rick Yvanovich, National Director of Profiles International Vietnam.
"We knew that if we could determine those factors that drive productivity for these great performers, we could help other companies thrive as well."
The top five people factors that drive productivity are a performance-driven culture, effective managers, optimal employee utilization, high employee effectiveness, and encouragement of innovation.
The top five strategic and operational attributes of the most productive companies include technological sophistication, financial sophistication, operational sophistication, effective distribution channels, and marketing and brand sophistication.
"Too often business leaders look at perennial performers and decide that there's some magic formula that makes them great. But this report tells us that there are particular steps that companies can take to increase productivity," says Dario Priolo, Managing Director of Profiles International Research Institute.
The report has conducted studies of human capital productivity with 550,000 workers in 551 companies in 21 industries and 12 sub-industries, including automotive, chemicals, construction & real estate, construction materials, consumer goods production, electrical and telecommunications, farming, financial services, food processing, furniture and wood processing, garment & footwear, good trading, plastic manufacturing, rubber and paper products, manufacturing, natural resources, post & telecommunications, printing and publishing, software and IT, tourism and hospitality, transport services and others.
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