7 Effective Ways to Drive Business Growth and Enhance Productivity

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No doubt, the success of a business is closely related to its employee productivity and their ability to use the business resources. In fact, businesses with highly engaged and productive employees are surprisingly 21% more profitable than the others.

So how could you achieve this level of employee productivity you may be looking for? No worries! In this article, we have tried to cover the proven and 7 effective ways to drive business growth and enhance productivity. It really works like a charm!

1. Set or review your goals regularly.

When your aim is to increase productivity in the business, you need to set intelligent goals because the success of an activity has to follow a methodology.

You may also go for the SMART goal theory suggested by Peter Drucker, author of “The Practice of Management.”

S= Specify

M= Measurable

A= Achievable

R= Relevant

T= Time-based

Additionally, you have to keep an eye on the progress and eventual stops after setting up a clear goal for your business. 

If you see things are not going as you planned, you can still improve by checking the progress during the activity. Obviously, never wait for change until it’s complete.

2. Use technology and automation.

You can revolutionize your team’s productivity using the right communication tool and specialized software. 

We agree there must be many more tasks for the smooth operation of your business. Moreover, they are often repetitive and task-based. But here, automation can truly be a real help. 

McKinsey research indicates that 70% of companies use automation programs to boost their employee productivity. 

Additionally, you should also consider IT support for the manufacturing industry. It’ll reduce errors and will give your employee more time to focus on their work. 

3. Prioritize organizational workflow

Now it is time for the next effective strategy, improving the organizational workflow. You can implement the organizational system to track the employee responsibilities and workload. 

It will make your business operation smoother and more efficient. Such systems help your team to communicate effectively and regularly about long-term projects and goals. 

Moreover, you can also reduce the repeated work and minimize the overlapping of responsibilities with workflow organization.

4. Reduce time-wasting tasks

You know employees face interruptions every 5 to 10 minutes. More surprisingly, 80% of those interruptions are totally pointless. 

It is clear that you need to reduce the time-wasting tasks in order to boost productivity. 

For instance, employees mostly get distracted by the emails and chat platforms. Here you can enable block time catch-up either in the morning or evening or both. 

Moreover, you should provide those tools to your employees that can prevent the nonstop flood of distractions and interruptions.

5. Hold smarter meetings.

Undeniably, meetings are incredibly important to define the responsibilities of the employees and the productive work projects. 

But some businesses take it too far. Sometimes they often hold meetings unnecessarily daily or repeatedly. 

You know the more time your employees will attend the meeting during the working hours, the less productive they will be. 

That’s why you should hold meetings smartly. For instance,

  • Determine which employees are truly required to attend a meeting. Schedule the meeting for those who truly need it and let the others get in their work.
  • Moreover, you can also use email for small issues that can be solved within less than 10 minutes.
  • You should have goal-oriented and structured meetings to complete the meetings quickly and efficiently.

6. Empower employee flexibility

Your business employee will be productive when they are happy. And here the flexibility in the workflow can be one of the most vital predictors. 

So, you can consider flextime accommodation, generous PTO policies, or telecommunicating options to boost the productivity of your business. 

Thus, your team member will have the freedom to be as effective in their roles. But in the way that fits best for them. It will both enhance their morale and effectiveness. 

Moreover, flexibility in the work schedule offers them enough time to self-care. Encouraging the self-care of the employees can also be a great way to enhance business productivity.

7. Invest in employee training.

Another effective way to improve the productivity and efficiency of your employees is to train and develop their skills. Like communication skills and technical abilities. 

So you should consider the following things if you want to invest in the training for your employee.

Step 1: First, you should assess the gaps where the employee needs to develop or need new skills. 

In this way, you can use reviews of the performance, feedback from the team leader, or be directly observed.

Step 2: Now develop the training plans accordingly. You should choose a training session that is most suitable for your business.

Conclusion 

At last, always remember that improving the employee’s pride and efficacy is an ongoing process. You will all require strategic planning, the use of technology smartly, and the encouragement of the employee to succeed with this goal. 

Keep in mind it is all about working smarter, not harder, to boost the productivity of your business.

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