Once you have established your business and it’s profitable, it’s time to turn your attention to productivity. This is the process of adapting your business to a tighter margin and increasing revenue without additional costs. A lot of your productivity deals with your worker’s well-being.
In this article, you will find out about the best strategies for increasing your business productivity, regardless of what industry you operate in. Strategies range from tracking time more carefully to managing physical health to reduce stress and worker wellbeing in the office or at home.
Time Track Tasks
While micromanaging your teams might seem a little bit extreme, it’s still good to time-track tasks to get an idea of how productive your employees are. These days, it makes sense to use a full range of metrics to help optimize your business for success in competitive industries.
Source some time tracking software that gives you access to a range of metrics, such as the time it takes to complete a task and the number of tasks that are completed each day. This data can tell you which employees are working best and which ones will need a bit more training.
Use Breaks Wisely
One of the enemies of business success and personal wellbeing is stress. Stress is not only hazardous to a person’s health, but it also reduces employee productivity; that’s you should take measures to reduce stress in the workplace if you’re an employee – one way is to use breaks.
Whether it’s your daily break or your annual vacation allowance, you need to take your breaks at sensible intervals to avoid burnout and stay productive in your job. Most people know when they are feeling burnt out; at these times, it’s best to take a holiday to reflect on life and re-energize.
Love them or hate them, deadlines serve an important function in the productivity of a business. Without a deadline for a project or client, there’s a temptation to increase the time spent on the business processes, which reduces efficiency, productivity, and revenue for your SML business.
On the other hand, deadlines can be useful for increasing productivity or as a unique selling point when pitching to clients. When running a business, it’s useful for clients to know when they can expect projects to be delivered – it also increases the likelihood of repeat business.
We’ve all had the experience of being in a meeting that could have been avoided. Why did they not simply send us an email about this, you might ask! These kinds of unproductive meetings can be cut out of your business schedule, increasing the time your employees spend at desks.
Review your meeting schedule and decide what ones are worth keeping and which ones can be cut! You might decide that a weekly team meeting is an important event because it brings your team together and helps them collaborate; perhaps announcements can be sent via email.
In the pursuit of productivity, it’s easy to assume that multi-tasking is the best strategy; after all, if you can perform more than one task simultaneously, it gets more done. Unfortunately, it doesn’t work, when you multi-task, you spread your resources thin, and achieve less overall.
Instead of multitasking, focus your projects and tie them to deadlines, so you have a process for getting the work completed on time and to a certain standard. When you use a focused technique like this, you reduce the number of errors you encounter and improve office wellbeing.
Workplace wellness is a high priority for most employees in the modern office. Workplace wellness includes things like adequate breaks, employer recognition, and understanding managers. It also includes compensation for injuries sustained in the office environment.
In most workplaces, there is training for health and safety; this ties into the type of insurance your business has for the workplace and the type of industry you work in. However, accidents still happen and can lead to payouts – contact The Law Offices of David L. Hood for details.
When you exercise, you increase your heart rate and change your blood pressure. This results in changes to your physiology that reduces stress and energizes you. The trouble is that most employees don’t have time in their busy lives to benefit from exercising on a daily basis.
There could be an answer to this dilemma – micro workouts. If you don’t have time to go to the gym in the morning or after work, then why not integrate the workout into your daily routine. This involves short activities, like yoga, once or twice a day to clear your head and reduce stress.