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The flip side of this episode is the obvious work-life balance equation that many have talked about.
Without repeating them, I would like to add that the most productive countries have a 40-hour five-day week – and some even less.
The top 10 countries with the highest productivity globally include Switzerland, Ireland, Sweden, the Netherlands and Germany – and all of these countries work a maximum of 40 hours a week. It is true that employment levels in these countries are very high and low employment countries like India, Nigeria, Brazil, Indonesia and Kenya will, by definition, automatically have low productivity, but this can only be achieved through the use of capital, technology, can only be improved. , education and skill development, and an innovative work environment, rather than by shifting the goal post to the relatively few who work diligently from 40 hours a week to 70 hours according to Mr. Narayana Murthy or 90 hours a week according to the chairman of L&T Are!
Large groups with access to government must influence them to prioritize these public initiatives. Also, such groups themselves should invest their substantial surplus in skill development and education like the pioneering work of Shri Azim Premji’s Foundation.
