Shrinkage - The 40 Hour Myth
Автор: WFM-Z
Загружено: 2026-02-22
Просмотров: 117
Описание:
This Video explore the concept of shrinkage, which is the management science of accounting for non-productive time within a workforce. By analyzing a standard 40-hour work week, the text illustrates how factors like vacations, illness, meetings, and breaks reduce actual labor output to approximately 68% of the total budget. This data allows managers to move through a lifecycle of sizing, planning, and execution to better forecast staffing needs.
Additionally, the video distinguishes between conformance, the total volume of hours worked, and adherence, the punctuality of when those hours occur. Ultimately, maintaining an accurate staff roster is presented as the essential foundation for bridging the gap between theoretical planning and real-world performance.
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