Three Strategies to Increase Business Productivity

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The ultimate goal of every business owner is to maximize productivity and increase revenue potential. Implementing strategies to boost productivity in the workplace will ensure that your company runs in the most efficient way possible. This will help you sustain growth and secure long-term success.

With this in mind, here are three strategies to increase productivity in your business:

1. Utilize technology

Modern technology can be utilized to enhance pretty much every aspect of business operations. For instance, new technology – like time tracking software and project management tools – can be implemented to streamline key business tasks and boost efficiency. These technologies provide employees with additional time to focus on the tasks that are most valuable to the business.

There is also an extensive variety of new machinery that can help streamline physical processes, thus saving both time and money. For instance, the Twister Speed Lathe by Overbeck Machine Tools helps businesses improve productivity by saving them time, energy, and floor space. According to www.overbeckmachine.com – “ If you currently use a small engine lathe to deburr/polish you will cut your start-stop cycle time in half.” Overall, this machine allows businesses to maximize productivity and increase output. All business owners should search for any new technology that could be utilized to create a more efficient and profitable company.

2. Improve employee satisfaction

Your employees play a key role in the efficiency and profitability of your business. Employees who are satisfied at work are far more likely to be engaged and motivated in the workplace. Whereas, unhappy employees are less likely to care about their performance and might be actively looking for job opportunities elsewhere. Having a high staff turnover can have a highly detrimental impact on any business, due to the time and costs involved with hiring and training new staff. For this reason, it’s always worth investing in your staff and finding ways to boost employee morale. Here are some simple ways to improve satisfaction in the workplace:

  • Provide your employees with regular training to update their skills and knowledge. This will help your staff complete tasks efficiently, while also reducing the likelihood of accidents and injuries occurring in the workplace.
  • Hold regular career meetings to discuss performance and advancement opportunities. Show your employees that you are taking an interest in their professional development.
  • Consider offering flexible working hours and remote working opportunities.
  • Provide incentives, competitions, and rewards to encourage and motivate employees.

3. Encourage regular breaks

Expecting your employees to work solidly for hours and remain productive is not realistic. Experts suggest that people should have a break from work tasks every 50 to 90 minutes to remain focused and motivated. Encouraging your staff to take regular breaks will help boost productivity, improve office morale, and prevent burnout. Mobile phones and social media can act as a serious distraction in the workplace and harm productivity. For that reason, try to encourage your staff to keep their phones in their bags or switched off while working on tasks, then use them during breaks.

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Founded in 1994 by the late Pamela Hulse Andrews, Cascade Business News (CBN) became Central Oregon’s premier business publication. CascadeBusNews.com • CBN@CascadeBusNews.com

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