Friday 28 June 2013

Government assumes businesses don't know what they're doing

I see that the government has set up a commission to investigate how businesses can improve their productivity and raise the efficiency with which they use their inputs.

No doubt the talking heads on the commission will be able to spot savings from afar which cannot be identified from up close by those mere mortals working on the front-line of business activity.

I struggle to see the point of this really.

(As an aside, I of course disagree with the estimates of potential savings which businesses could make through resource efficiency and think that the original remit for this committee was probably drawn up back in the days before prices for rare earth metals (among other commodities) started to fall.)



This looks like a classic case of policy makers catching on to an issue which has already been addressed by the market.