Powered by MOMENTUM MEDIA
Broker Daily logo

Tips on improving productivity in the workplace

Tony Kabrovski, improving productivity, workplace, how to be productive, tips in the workplace
expand image

One of the biggest challenges facing business owners and managers is how to improve productivity within their organisation–that is, how to get more out of the same resources.

There are numerous benefits to improving workplace productivity.

The most obvious are increased efficiency and higher output, but it can also result in improved staff morale and a better experience for customers.

The first step to improving productivity is to understand what is dragging it down. This will differ for every company, but common causes include: poor workplace culture, ineffective management, lack of organisation or clear policies and procedures, or inadequate leadership.

==
==

It is commonly believed that the key to improving productivity is to work employees harder, but the secret is to enhance efficiency, not increase workload.

Four tips include:

1. Internal communications

Ensuring there are effective channels of communication within the business is vital to achieving an efficient and productive workplace.

Management should be in regular contact with each area of the business to help make sure everyone is motivated and on track. This should include regular meetings to discuss team performance, any requirements, and other work-related issues that affect people’s ability to do their job. Keep in mind that this doesn’t mean a ‘top-down’ communications approach. It needs to be a two-way dialogue, with employees able to talk to management about any difficulties.

2. Goals and objectives

It is impossible to improve productivity if employees don’t know exactly what is expected of them. The business’ goals, as well as the goals of each employee, need to be clearly articulated and explained so there is no confusion about job roles or the company’s direction.

It’s best to communicate employee goals in measurable terms – for example, by deadline, financial objective or customer sale.

3. Staff development

For most businesses, employees are their most valuable and important asset. It therefore makes sense to invest in staff development to ensure they have the skills and expertise to do their job to the best of their ability.

Training and development programs also motivate and encourage employees, and give the organisation a reputation as an ‘employer of choice’. It can also help improve employee retention rates.

4. Recognise and reward

Some kind of process to recognise and reward employees is a good way to help improve productivity.

Employees who feel appreciated are more likely to be motivated and to work better. It doesn’t necessarily have to be a financial reward – time off, a special mention at a company meeting or a gift voucher for lunch will all be appreciated.

More on Innovation
22 November 2024
As operational costs increase, those with the capability may be interested in offshoring staff. While this can be a ...
15 November 2024
Broker Daily and principal partner Mortgage Choice are proud to announce 30 winners for the annual Women in Finance ...
13 November 2024
Organisations must go beyond recruiting a diverse workforce and embed a culture of inclusion to reap the benefits, ...