A VETERAN OWNED SMALL BUSINESS | Call or text now for a FREE consultation: +1 (770) 765-3692 | 
Resource Projection Best Practice 5 – The 40 Hour Work Week
For the purposes of personnel resource estimation, what is an individual worth? The answer may seem obvious. A full-time equivalent (FTE) or full-time employee is typically considered to be ‘worth’ 2000 hours of labor per year; calculated as the product of fifty, 40 hour work weeks.
Hi there! Gain access to this article with a StrategyDriven Insights Library – Total Access subscription or buy access to the article itself.
| Subscribe to the StrategyDriven Insights Library
Sign-up now for your StrategyDriven Insights Library – Total Access subscription for as low as $15 / month (paid annually). Not sure? Click here to learn more. |
Buy the Article
Don’t need a subscription? Buy access to Resource Projection Best Practice 5 – The 40 Hour Work Week for just $2! |
Experience is almost universally valued. Those possessing it are viewed as being superior; able to perform tasks with more practiced efficiency and more easily recognizing and responding to challenges that would otherwise inhibit forward progress. The question, therefore, is this: “For a given position, will one’s experience-based effectiveness grow without limit?”
“A team has a certain potential. Nevertheless, simply being a team – a group of individuals wearing the same uniform or working at the same company – means little when it comes to realizing its potential. Here’s the question to be asked: ‘We are many, but are we much?’ The role of the leader is to make those ‘many’ become ‘much’.”
To say the accountable organization manages by fact may seem to suggest that a utopia exists, one in which all circumstances can be defined by ones and zeros. Within this utopian organization, executives and managers act to harvest the ones and discard the zeros.
Evaluators performing business performance assessments often find themselves awash in data suggesting their company’s performance significant lags that of competitors and top industry performers. Evidence suggesting the need to improve may be so plentiful that the self assessors come to believe immediate reforms must be made if to only ensure the continued viability of their organization.
Business Programs