u003cpu003eIn the context of its 25 years, Business Magazine has introduced, in partnership with Oxford International Consultants (OIM), a productivity ranking.u003c/pu003eu003cpu003eThe study places Alteo Ltd, a regional player in the sugar, energy and property sectors in Mauritius, Kenya and Tanzania ahead of its peers in terms of economic productivity. Ranked 12u003csupu003ethu003c/supu003e in the turnover league, Alteo Ltd shows a Total Productivity Measure (TPM) of 1.313.u003c/pu003eu003cpu003eThe productivity measurement was applied to 19 of the top companies on the island in the financial year 2015/16. Terra is at spot number 2 with a TPM of 1.224 followed by Rogers and Co Ltd with a TPM of 1.193.u003c/pu003eu003cpu003eTwenty-five years ago, it was a completely different landscape. Lonrho Group, which ceased operation in Mauritius in 1996, was the leader in 1990 according to the Total Productivity Measure. Overseas Telecommunications Services Ltd was in second position and Sun Ltd in third place.u003c/pu003eu003cpu003eClassified by turnover, the economic productivity analysis reveals that scale is no guarantee of efficiency and productivity. The top 5 leaders in a list of 20 companies under review for financial year 2015/16 is as follows: Mauritius Civil Service Mutual Aid Association, Outremer Telecom Ltée, Evaco Group, and Alteo Ltd.u003c/pu003eu003cpu003eEconomic productivity relates the contribution of each rupee of input towards the production of our output. Hence, TPM looks at how well all inputs have been used to produce the unit of output. The leading companies in terms of productivity generated a TPM of above 1.3, indicating that for every rupee consumed in operations, an income of more than 30 cts is being generated.u0026nbsp;u003c/pu003eu003cpu003eu0026ldquo;u003cemu003eAs Mauritius tries to bring the next wave of change, focusing on productivity is of utmost importance if we want our resources, money, time and efforts to have the most meaningful impactu003c/emu003e,u0026rdquo; Nikhil Treebhoohun, chairman of Oxford International Consultants said.u003c/pu003eu003cpu003eLooking at this yearu0026rsquo;s ranking, it is clear more than ever productivity constraints should be addressed in the interest of national progress and development. Ram Jutliah, director at OIM, added that big as well as smaller enterprises need to be more flexible, pro-active and performance oriented in order to tap into new opportunities.u003c/pu003e
Top 100 Companies: Alteo leads the productivity ranking
