How to expand the multiplier effect of tourism

Multiplier utility is that the change of a variable causes the increase of the final quantity in the form of multiplier acceleration.

Multiplier effect is a factor to be considered when formulating macro policies.

Is there a multiplier effect in management? And how to play the multiplier effect?

Is there a multiplier effect in the implementation of a policy in management? And this multiplier effect is exactly what managers pursue. For example, a plan to promote sales, we hope this plan can get twice the result with half the effort, but we often find that it is difficult to achieve twice the result with half the effort without the support of other strategies.

For example, in the case of incentive policy, managers adopt methods such as result incentive or process incentive, but the best result may only have an effect on some specific behaviors, while the effect of continuous incentive or spontaneous incentive is impossible. Here, managers hope to achieve multiplier effect, that is, a measure produces multiple effects.

There are many examples of multiplier effect in ancient China. For example, the loyalty and filial piety in ancient China is a multiplier effect in a sense. For those who are loyal and filial, the education or encouragement given by the monarch or elders is limited to occasional admonitions or rewards, but this idea has continued. A good multiplier effect has been achieved.

Managers certainly hope that management can achieve twice the result with half the effort. But here we should pay attention to a problem, the multiplier effect is not once and for all. Multiplier effect includes a series of measures. Only when these corresponding supporting measures are effective can the multiplier effect be exerted. The so-called supporting measures are supporting measures to further develop the effect of the original measures, such as incentive measures in management. Without incentives, it is impossible for simple incentives to continue to play a role. It must match the corresponding corporate culture. Only by taking corresponding measures can the effect be achieved.