Does Productivity Influence Profit? --Dickeson

There's no way lower job costs alone can increase profits of a printing business. Increasing productivity is but the first step. If we don't take the second step we wind up with a burden of unused capacity. And that's where we are today, isn't it? We're an industry with chronic overcapacity because we're constantly increasing our productivity! We have to continuously improve output per labor hour because we must—but it's also a painful penalty.