Performance improvement glossary > Performance improvement fundamentals > Performance improvement definition
Search the glossary for performance improvement topics often loosely defined, confused, or prone to misinformation:
Performance improvement is about increasing productivity. Simply put, productivity is a measure of putting one dollar or hour of resources into something. Speaking like an economist, it's the ratio of the value of goods and services provided to the amount of time and capital used to produce the goods and services.
What drives productivity? It all depends on how a company organizes and deploys its labor and capital (financial and technology).
