Advertising
Advertising

10 Most Productive Countries And What You Can Learn From Them

10 Most Productive Countries And What You Can Learn From Them

The satisfaction and benefit experienced when you’re productive gives you confidence and induces a desire to achieve more.

Productivity has several definitions; we shall define in relation to economies:

Productivity measures output per unit of input, considering factors such as capital, labor, land or any other resource in the production process. It calculates Gross Domestic Product (GDP) as a ratio to hours worked.

In this article, we’ll look into the 10 most productive countries and lessons we can learn from them.

How to determine the most productive countries?

The citizens who have the ability to produce a significant amount of results, make their countries productive. The measure of their output is the determining factor.

Economies use Gross Domestic Product (GDP) over hours worked to evaluate productivity. The total value of everything produced by every citizen and corporation located within the boundaries of any a country is the GDP.

This is evident in a recent report by two credible sources, Expert Market[1] and data from the Organization for Economic Cooperation and Development (OECD)[2]:

10 most productive countries

Based on these facts, here are 10 most productive countries captured from these reports:

Advertising

    Lessons learned from the most productive countries

    Whenever productive countries and individuals find something that works well, they learn from it.

    Learn the reason it worked. Develop systems and processes around it. Apply the lessons learned and repeat the process over again until the desired outcome is achieved.

    With that said, here are a few lessons from the most productive countries you can begin to implement. After a period of time, you’ll notice some change.

    1. Cultivate a culture of life work balance

    When you cultivate a culture of life-work balance you become a more fulfilled and productive individual.

    Life happens. Eventualities and uncertainties happen. You may lose your job, an ability or even your business.

    If your life revolved only around your work, you never took the time to cultivate a work-life balance, or develop other interests and relationships outside your work; the adjustment would be difficult to cope with.

    The beauty of life is never too late to start.

    Be deliberate and intentional and cultivate a life outside your work or business. Take up a hobby, spend quality time with those you love and treasure.

    Go back to school and learn a new skill that is exciting. Be a continuous lifelong learner. Schedule a holiday every year.

    Advertising

    Do something exciting that you love that is not related to your work.

    For those with an entrepreneurial spirit. Luxembourg is a fantastic location for start-up businesses looking to invest in foreign markets. The favorable political and commercial environment is good for new product and service development.

    Luxembourg was ranked 7th by the Global Talent Competitiveness Index in 2017(GTCI). The report measures how countries grow, attract and retain talent.[3] It’s an ideal location for career expats to build an international career. Professionals with specialist knowledge are offered attractive compensation packages.

    Consider relocating to Luxembourg and learn some great business and family life lesson you can implement back in your home country.

    2. Shorter working hours are more productive

    Long working hours don’t necessarily equate to high productivity. Countries like Japan and Mexico have long working hours and the results in productivity don’t match the input.

    Sweden is friendly to a work-life balance culture and occasionally carries out several audits to enhance the productivity of its workforce:

    In one particular experiment, one employee who worked at a nursing home for eight hours always felt fatigued and drained with no time to spend with his children when he got home. His work hours were reduced to a six-hour workday with the same pay.

    The results were evident immediately. He was happy at work, energized and more productive. In the first year of implementing this new system, significant changes had occurred.

    The audit revealed the improved overall health of workers, increased productivity and absenteeism was minimal.

    Advertising

    Other benefits that these topmost productive countries working shorter hours experience are:

    • Creative talent retention: Workers stay longer with these companies. Not willing to trade their new found freedom.
    • More time to rest and sleep early. Waking up refreshed and restored. Ready to tackle the day creatively and efficiently.
    • Employees feel valued. Employees can spend time with their loved ones and have time to do what they enjoy.

    3. Focus on and fully engage in your present task.

    People who’ve mastered the skill of “Focused Engagement and Disengagement” are more productive and fulfilled.

    Be focused and fully engaged at the workplace and fully disengaged on work-related issues when you leave the work premises; this is a conscious decision of the will you’ll implement and practice until it becomes a reflex action.

    This will be a win-win situation because your employer will have your full and focused attention at the workplace, resulting in more output and higher revenue for your organization and country at large. The satisfaction you’ll get from the feeling of accomplishing a task is very energizing.

    In Iceland, the workers maximized and efficiently utilized the short working hours to raise the productivity levels. They were engaged and focused on the task at hand. This is what made Iceland jump 10 positions higher.

    Perhaps this explains why German ranked only the 11th in spite of having the shortest working week. The difference was while they worked short hours, they were present but distracted and not fully engaged.

    4. Maintain a happy and positive outlook towards your life and work

    Majority of people seek and pursue happiness. Norwegians topped the global list of happiness according to the 2017 world happiness report.

    Largely this was influenced by the life work balance that Norwegians have embraced. Coupled with factors such as generosity, good governance, honesty and caring which contribute to a happy country.

    Deal with excitement drainers by maintaining a happy and positive outlook towards your life and work. Yes, your working hours and environment may not be what your desire at the moment.

    Advertising

    You have no motivation to wake up tomorrow and go to work? But you know what? At least you have something to wake up to which the majority of people wish they had the opportunities you despise.

    For a moment, take the focus off yourself and your problems. Start to acknowledge the good things in your life, be a kind and caring soul. Then like the Norwegians, you too can start experiencing happiness.

    5. Flexible work schedules

    Countries like Luxembourg, Sweden, and other Scandinavian countries have adopted flexible work schedules.[4]

    Employees have an agreed work schedule about when they report and leave work. For example, an employee can schedule to come in a few hours early and leave early, or come in later in the morning and leave a few hours after 5 pm.

    Other options include working from home. This is based on mutual trust. Knowing the employee will actually be engaged in productive work while at home.

    Some more benefits of flexible work hours are:

    • A working mother with very young children can schedule convenient times to be home with their children.
    • An increase of more women workers in the workforce.
    • Parents can pick and drop off their children to school without interrupting their work schedule. No excuses for missing your child’s special event at school.
    • Ideal for employees who have gone back to school to study.

    The bottom line

    Cultivating a culture of life-work balance, shorter working hours, be focused and engaged with your present task, change your attitude and have flexible work schedules are some ways the most productive countries are adapting to enhance productivity.

    With Luxembourg topping the list as the most productive country for two consecutive years, we can learn a few lessons from this small and vibrant country.

    Having emerged top 10, the Scandinavian countries work model has proven to be efficient. Countries can now confidently adopt a culture of fewer working hours with extended breaks, allowing their workers to leave work early and prepare for the next working day.

    Featured photo credit: Unsplash via unsplash.com

    Reference

    More by this author

    Sylvia Muikia

    Writer and blogger specializes in productivity.

    10 Most Productive Countries And What You Can Learn From Them

    Trending in Smartcut

    1 How to Set Short Term Goals for a Successful Life 2 How to Start a Small Business From the Ground Up That Thrives 3 How to Set Ambitious Career Goals (With Examples) 4 How To Make A Vision Board That Works 5 13 Visualization Techniques to Help You Reach Your Goals

    Read Next

    Advertising
    Advertising
    Advertising

    Last Updated on August 13, 2020

    12 Essential Apps for Entrepreneurs To Be Highly Productive

    12 Essential Apps for Entrepreneurs To Be Highly Productive

    If you are an entrepreneur, then you are aware of the importance of time management. There are only 24 hours in a day, which means you must manage your hours properly to be able to get a lot of work done.

    With so much on your shoulders, you need to get organized. How do you achieve that? You do it by becoming tech-savvy and incorporating productivity apps to help you remain on the right track. Below are 12 essential productivity apps for entrepreneurs.

    1. Evernote

      Evernote makes it on the list because of one simple reason, besides being your little note book for scribbling your thoughts: Its freeware version is available for Web, iOS and Android. Stay organized across all your devices. Sync files, save Web pages, capture photos, create to-do lists and record voice reminders. What more do you need? Apart from all this, you can also search your tasks on the go.

      2. DropBox

        DropBox delivers instant connectivity and enables the sharing of photos, documents and videos with any laptop or mobile device through the free cloud-based file-storing service. This app is extremely handy for sharing files with your team, which prevents back-and-forth emailing. With the version control feature, you have a convenient way of sharing the latest version with your team.

        Advertising

        3. Audible

          Ever wondered where entrepreneurs get their ideas from? Surely, they aren’t born with them! Any established entrepreneur you come across is probably very well-read. Hint: Take a chance at reading books and gaining knowledge to spruce up your mind. To help you do just that on the go, try Audible. It lets you listen to books without having to actually focus on reading while you are out travelling or just doing chores.

          4. TripIt: Travel Planner

            Being an entrepreneur means a lot of travelling. It gets hard to keep track of travelling schedules and bookings. With TripIt you no longer have to worry, because it organizes your travels by forwarding your booking confirmations to an email address.

            5. Lastpass

              “Errr…so what was the password?” With so many things on your mind, it can be cumbersome to remember passwords that are usually a combination of various letters and numbers. With a freeware version available for PCs and Macs, Lastpass is your personal-password manager, and form filler, that frees you from remembering your passwords. It costs $12 for the premium version that is available to download on your mobile device.

              Advertising

              6. Any.Do

                Want to enter tasks on your iPhone? Use Any.Do. With its simple interface, you can add tasks either by speech or typing. If you’re logged on to your Facebook account, you can even share tasks with your contacts. Want to be alerted about a task? Add an alarm, and highlight it so that it takes precedence over other tasks. You can also add further notes and put them in a personal or work folder. The app also allows syncing with other devices to make sure you are always at the top of your game.

                7. CamCard

                  Entrepreneurs attend several conferences during the year where they meet useful contacts. Exchanging business cards is the norm in conferences, but it is also very easy to lose a business card and, ultimately, a  business prospect! Don’t let this happen to you. With CamCard, you can take a picture of your business card and have all the details automatically uploaded into your phone contacts and other email accounts. Because of its accuracy, you can be assured of flawless scanning. The best part is that you can sync data across other devices too. The app is usually free for iPhone, but its cost on other mobile phones is $3.26.

                  8. Flowdock

                    A mix of chat and inbox tools, Flowdock is a convenient way of collaborating with team members on various projects. The best part is that the app works on most browsers and mobile platforms, and it gives you features such as drag and drop, file uploads and activity streams. Your team members can get instant updates about any change on the project to which they can respond through chat messages.

                    Advertising

                    9. Instapaper

                      The Internet is filled with blogs and articles. Amp up your creativity by reading new posts at a time that suits you. Through Instapaper, you can save an interesting article to read at a more convenient time and in a reader-friendly format.

                      10. Expensify

                        While travelling, you probably want to keep your receipts to claim office expenses once you get home. But why go through the hassle of keeping all these receipts when a smartphone can do the same for you? By using your phone’s camera, you can take pictures of your receipts as a digital record in chronological order. Expensify also lets you log mileage, meal expenses and other business-related travel costs.

                        11. Upwork

                          Screening through resumes and tracking applicants can be cumbersome. You want to hire the best possible people for your company without wasting too much time scanning resumes. So use Upwork to help you perform these tasks; the app helps you manage the entire hiring process. This allows you to spend more time hiring instead of doing manual paper-work sorting out resumes.

                          Advertising

                          The app is also online so it receives all resumes in one place and tracks each candidate’s progress through application stages.

                          12. Zoom

                            Probably the most effective method for remaining in touch with all your employees, Zoom has become an office norm for instant communication and connectivity. With its app version available for mobile phones, connectivity has taken a new form by allowing entrepreneurs to schedule and attend important business conference calls on the go.

                            Bottom Line

                            By using these productivity apps, you have a better chance of organizing a systematic approach for performing tasks. There are many entrepreneurs who are striving for success. However, only a few stand apart on the basis of their work ethic and capacity to grow by incorporating smart apps in their routine.

                            Allow yourself a competitive edge by incorporating these handy productivity apps to enhance your company’s growth.

                            More Tips for Entrepreneurs

                            Read Next