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Wondering How You can Triple Productivity in Your Company?

Every business, company or organization is existing to make profit. And, profit would not come if the organization is often experiencing dwindling productivity. Even when you’re experiencing consistent productivity, you can triple the outcome by employing some proven tips and tricks. Outsourcing is also key in boosting productivity. Keep reading to learn more.

Investing in Training

Why do you think your competitors are investing massively in training and retraining their workers? It is one of the secrets to tripling productivity in the workplace. Besides, when you invest in training your employees, they become more valuable and would feel indebted to the company for the extra skills they acquire. Subsequently, they will be motivated to do more.

While training and retraining is essential at every level, you should consider focusing more on employees who are just advancing into leadership roles, such as middle managers and supervisors. These people are key when it comes to transmitting the vision of the upper management and organizing work more efficiently. On the long run, the company’s productivity will double, if not triple.

Committing to Improvement

You can also speed up level of productivity in your company by committing to improvement. Ensure that the leadership is committed to a consistent and constant process of improvement and change. In this case, you should consider these four aspects or parts to improvement;

  • Come up with a baseline: For instance, you should determine your total revenue for each hour worked if your products are service-oriented. In essence, outline your base services and the actual time they require. For a physical product, you should also calculate the number of hours required to typically complete production.
  • Pinpoint areas of improvement: This could be work pace, work tools, or work attitude. If you look closely, you will surely determine areas that require improvement to help boost productivity.
  • Adopt a result-oriented process and train employees on how to implement it; if you notice that a process works, you should adopt such process or approach and train mangers (high priority) on it, so that they can pass it on to other employees to implement.
  • Put a process of change in place as well as metrics of success: It doesn’t matter how long the process takes, you should keep testing out new processes to determine whether or not they are resulting in improvement in line with established metrics.

Improvement should be a constantly on-going endeavor in a business. This will not only help boost productivity significantly, it will also help your business gain better competitive advantage, bearing in mind that competition in the business world is getting stiffer and fiercer.

Finally, outsourcing would not fail in helping you triple productivity.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.

One Response to “Wondering How You can Triple Productivity in Your Company?”

  1. Thanks a lot to share your knowledge with us, it is helpful for me.?

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