System and method for improving productivity of individual...

G - Physics – 06 – Q

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

G06Q 10/00 (2006.01) G06Q 40/00 (2006.01)

Patent

CA 2405188

The present invention considers each person or worker in an economic entity as an individual business unit ("IBU") with its own allocated revenue, cost and profit which can be controlled by the IBU. The profit allocated to the IBU belongs to the IBU itself. In effect, each IBU is valued as a business within the larger economic entity in which the IBU works. A profit potential of an IBU is determined by calculating the revenue and cost which are attributable to the IBU. The determined profit potential as capitalized over a predetermined time period becomes a tradable commodity for sale. Each IBU's effort is now linked to its own profit potential. If the IBU decreases its allocated cost or increases its allocated revenue, its allocated profit increases in proportion. The increased profit in turn increases the IBU's capitalized value. As a result, each IBU has a substantial incentive to increase its productivity in an attempt to increase its capitalized value.

LandOfFree

Say what you really think

Search LandOfFree.com for Canadian inventors and patents. Rate them and share your experience with other people.

Rating

System and method for improving productivity of individual... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for improving productivity of individual..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for improving productivity of individual... will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFCA-PAI-O-2018219

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.