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.
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.