The business landscape has become more competitive than ever.
Entrepreneurs aspire to leverage innovative ideas to stay ahead. One thing that
entrepreneurs overlook is the value of the human resource.
“Workforce is the most
critical resource for any company”, is the most underrated statement of all
times. Employee’s productivity can make all the difference in your success
plans.
You don’t know this yet, but industry leaders tend to keep
productive employees in priority for their potential and determination.
Why Stress On Finding
The Right Mix Of Productivity & Proclivity?
Your employees and candidates that you hope will run your
business should be productive, or at least aspire to be of enough worth to your
enterprise that you can term them as that. In addition to this, they must have
the fire and the ambition in them so that they can inspire others to be equally
productive and motivated.
But why?
Let’s find out:
·
Productive employees are
synonymous with profitability
The key objective of every business/company/start up is to
grow. Companies experience profitability when they save on the production of
goods and services. This is possible only if an employee becomes efficient. You
may achieve the same productivity with a smaller workforce or get it a notch
higher. Hence, productive Employees translates into profitability.
·
Enhanced customer service
Barring revenue, customer satisfaction matters the most for
any entity. A satisfied customer is bound to stay loyal to the brand and spread
the word around. Enhanced customer services satisfy customers and here, the
productive employees can be the differentiators.
They provide speedy customer service in comparison to others.
Great customer service results in customer retention and relation, this drive
revenue and reputation for the business in the long run.
·
Resource optimization
Are we feeling “duplication of effort”?
Do we see “multiple directions flowing towards a single
subordinate”?
These are the signs that you need to optimize your workforce.
It is time to reinvent your staffing function. Recreate your workflows to make
them more organized. Identify and do away with overlapping roles. These are a
few ideas that could really help you make the most of your existing and future
human resources.
Remember, often companies are unable to utilize these
resources up to their potential. As a result employees get overburdened at one
point of time and end up being idle at the other. Focusing on their productivity
enables managers to achieve human resource optimization. It further helps them
in cost reduction and curbing wastage as well.
·
Reduction in operational
costs
An organization can’t thrive unless it cut its operational
cost. While they can invest in technology to reduce the cost of operation,
involving the human factor is equally vital.
Increase in employee productivity is a tangible initiative in this
direction. Consider empowering them with productive applications to see the
difference.
You may also give them the freedom and flexibility with
remote work and flexing time options. These initiatives may require an initial
investment and change the mindset, but they can bring considerable cost
reduction over time and take productivity level high.
·
Competitive advantage
When a business becomes more efficient than its competitors,
this gives a winning advantage. By delivering better customer service, one can
make the buyers stick. Getting a competitive atmosphere puts your business
ahead.
·
Boosting employee morale
Are you expected to go that extra mile?
You stand to gain a lot out of it!
This is because it will make your employees and team members
aware of how thoughtful and considerate their boss is. It shows how he is
taking pains and making the effort to connect with them on a personal level. By
giving them the necessary guidance and inspiration, you can help them understand
their importance in the company. This is the push they need. You won’t even
know it (actually, you will when you see the results) when they will begin
giving their best in each of their endeavours. You will end up turning them
into a committed cog in your company mechanism sooner than you think.
·
A positive company culture
Employees become conscious about choosing the right employers
to work with, work culture is no longer a fancy word. This is a way of
organizations to highlight them as an ideal employer.
By investing in employee productivity, you end up fostering a
positive work culture, retention as well as the acquisition of the best talent
across the industry. This is something that every business looks for in this
highly competitive job strata where efficient human resource is a challenge.
Productive Employees
are Directly Proportional to Sustainable Growth
To shed more light on how productivity matters in an
organizational space, let’s look no further than Google.
Google used to spend millions of dollars on coming up with
the right mix of people in its teams but none of those approaches seemed to
work until they came up with Project Aristotle. According to Matt Sakaguchi, a
mid-level manager at Google, what led to their massive growth and skyrocketing
success was the ensemble of listeners and emotional thinkers within each of their
teams. The concept of “psychological safety” came into being when Goggle was
able to bring like-minded people together and make them understand the
importance of effectively conversing with one another. Teammates felt freer to
share their experiences and lessons in life. The healthy exchange of ideas is
what unified them. As one of their managers proudly said, “A mindful team is
always more productive”.
How UEIBI Can Help
You Achieve Productive Employees and Sustainable Business?
At UEIBI, we connect businesses and employment aspirants to
form an ultimate holistic platform where business leaders, start-ups and job
aspirants can thrive sustainably. Come, be a part of the community that aspires
to create ample job opportunities and build economically-viable businesses.
Looking to unlock the
secrets to employee productivity for your business?
Connect with us and we will get back ASAP.