Foster a culture of higher productivity It must be the goal of any company that aspires to make a differentiating element in the market in which it operates.
The motivation you imprint on your human capital is key to achieving an effective level of productivity in the organization. However, there are other resources that are also essential and that can help achieve results in the short and medium term.
In this article we provide you with 10 key strategies to increase the productivity of your business and maximize your dividends.
Learn how to achieve greater productivity.
In corporate jargon, productivity is not subject to a single parameter. This is due to a set of actions implemented to save resources, increase quality, improve efficiency levels, optimize processes and achieve maximum results.
By having greater labor productivity, you can obtain an increase in quality, efficiency and resource savings.
Many companies seek to achieve greater productivity, but do not always achieve the desired result. This occurs perhaps because the strategies do not fit the business model or because the actions are not being applied in key areas.
Below, discover 10 strategies that work to increase productivity no matter what business niche you're in.
Study your competition
It is no secret to any CEO or entrepreneur how fierce and competitive the market can be. For this reason, it is essential to exercise concrete actions to stand out from the rest of the businesses that are dedicated to the same commercial activity.
Studying the competition is an effective way to identify weaknesses, enhance capabilities and even create new skills for the organization. Now, how to study the competition?
Make a list of your direct competitors.
Buy the product and try the service of the competition.
Check to see if they are offering a raise or decline in sales.
Consult the customers of the competition about their experience with the product or service.
Search LinkedIn for former competitor employees. Former workers are always a good source of data, as long as they don't have a confidentiality agreement.
Think about the needs of your customers
Customers are basically the fundamental pillar in the existence of the business. Therefore, it is necessary to know what they need, what they think and how they feel about the product or service that you offer them.
An excellent idea is to invest in a customer support software. This tool will not only allow you to know the customer's concerns and preferences. It will also promote communication and help you stay up to date with new technologies.
Today, virtually all processes are automated. This requires that you must be constantly innovating, as technology is constantly changing and transforming.
Try to implement more modern management, production, sales and marketing strategies. Using the different applications and digital platforms in all your operational processes is an effective and economical way to innovate and update the business.
Foster a good organizational culture
The success of a company depends on the actions that the leaders implement within the organization. One of the most important strategies is organizational culture, since with this a true sense of belonging is created by the entire team.
How do you foster a good organizational culture? Listening to your human capital, delegating key responsibilities and trusting the team's abilities to solve problems.
In addition, you must maintain fluid communication, share ideas, encourage teamwork, implement an open door policy, be transparent and flexible.
Promote the continuous training of your employees
Investing in the training of your employees is not only a safe bet to increase the productivity of your team. It is also a guarantee for improve competitiveness of your company in the market.
Do you want to have greater productivity in the company? One of the best resources is to invest in employee training. In addition, this generates motivation and competitiveness.
Continuous training is a key tool to keep a motivated team. Promote alternatives to professional training that stimulate the team and give it new skills.
For example, courses to learn or perfect a language that allow improving and optimizing communication with clients or suppliers abroad.
Generate prizes and rewards for work well done
Employees who are well rewarded for their work are more motivated, satisfied and happier workers. All of these are key conditions for a work team to be committed to better productivity and excellence.
A good way to motivate your collaborators is through rewards. Financial incentives are important, but they are not the only thing that can create satisfaction in your employees.
Many workers value recognition for outstanding work. Try to generate prizes for the most outstanding works without forgetting those who do not make up the first places, but strive to achieve the objectives.
Allow flexible hours
One of the benefits that generates the greatest impact on employee motivation is the flexible hours to carry out their work. Learn to reduce working hours, for example, you can implement shifts of 4 to 5 hours a day with intervals of rest.
If possible, reduce working days during the week or allow your collaborators work remotely.
Employee needs matter too
Show interest in the concerns and needs of your human capital. Among the most common requirements of the work team are the following:
- Reconcile family and work life.
- Obtain greater autonomy.
- Achieve promotions and better salary conditions.
Make a good planning for each department
Companies have a performance similar to a machine. Therefore, it must be well oiled to function properly. This involves carrying out detailed planning for each department.
All staff must operate efficiently to achieve higher productivity. Therefore, each employee must be in the key area to achieve their goals.
Be sure to hire and place each employee in the area that they can contribute greater value and productivity to the company. Define tasks and set goals and deadlines to achieve goals.
Each area of the organization must be focused on its responsibilities, knowing that in the end the merged and organized work of all the departments contributes to greater productivity and the achievement of objectives.
Of the opportunity to grow within your company
The personal and professional growth that a company offers is one of the attributes that workers value most.
In principle, it is essential to give your employees the tools they need to know themselves better; improve their environment with links, recognize their weaknesses and enhance your strengths.
On the other hand, it is key that employees have the opportunity to climb job positions according to its potentialities. But keep in mind that the growth of the worker should not only be limited to a job promotion.
It is important to insist in vocational training . This will lay the groundwork for holistic development, increased productivity, and true employee growth within the organization.
Greater business productivity dependent on a set of actions that must go hand in hand. The strategies cover actions focused mainly on planning, flexibility, innovation, recognition and professional training.
All these factors put into practice are the key to achieving greater productivity; motivate human capital, avoid staff turnover and, without a doubt, improve the profitability of the organization.
In English2Go we are aware of the importance of motivating your team to be more productive. For this reason, we have plans in which your collaborators, through online courses, can enhance the English language, grow professionally and achieve work goals.
If you liked this article, you might be interested in:
English Courses for Companies
Personalized, with native teachers specialized in technical vocabulary.