How to Calculate Your Productivity (+ My Top 3 Hacks)

How do we calculate productivity in the Knowledge Economy? Let’s deconstruct how to create a productivity calculator and measure output.

Taylor’s theory of productivity was outstanding when he shared it with the world in 1911. It has been in use for more than 100 years.

But it can’t be applied in every single activity now. What worked for the “industrial economy” doesn’t work for the Knowledge Economy anymore. The productivity calculator has changed.

First, let’s throw out of the window the old definition of productivity. And then let’s build on it and understand why it matters.

How to Calculate Productivity?

Let’s consider for a moment the old formula of the productivity calculator:

Productivity = Output / Input

In the classical model, improving productivity meant increasing the output while keeping the input at the same level. A person who wraps 20 cups per day is more productive than another one who can only complete 10. Logical, isn’t it?