August 29, 2016
3 Ways You Can Boost Employee Productivity and Drive Profits in Your Business
Like many business owners, you might be reviewing your budget in an effort to increase efficiency and simultaneously cut labor costs. But doing more with less and delivering the best on a limited budget can be difficult for businesses. You can boost productivity by operating in a responsive environment and employing digital and mobile technology to change the way employees collaborate at work, says Matej Zalar, CEO of Visionect and an office productivity expert. The company’s flagship product is Joan Meeting Room Assistant, a digital door
“You can boost productivity by operating in a responsive environment and employing digital and mobile technology, to change the way employees collaborate at work,” Â says Matej Zalar, CEO of Visionect and an office productivity expert. “The company’s flagship product is Joan Meeting Room Assistant, a digital door label and meeting room scheduling solution. Cloud computing, IoT, and the blurred line between enterprise and personal tech offers a staggering world of possibility for businesses everywhere,” he adds.
Zalar shares three ways CEOs can immediately boost productivity and in turn profitability with BlackEnterprise.com, below:
1. Shorten or Eliminate Meetings
“The biggest time-waster in a business is unnecessary meetings. Whether held virtually or in person, meetings are essential to the vast majority of businesses. However, pay close attention to how much time you’re delegating for meetings each week. You may find that they’re cutting into your productivity to a large extent,” explains Zalar. “In most cases, a meeting should only last for 30 minutes, at most. There will certainly be scenarios where you’ll need more time than this, but these shouldn’t occur on a regular basis. Many meetings can be completed in less than 30 minutes, which can be beneficial in a number of ways. When it comes to work productivity, long, unnecessary meetings should be avoided at all costs.”
“In most cases, a meeting should only last for 30 minutes, at most. There will certainly be scenarios where you’ll need more time than this, but these shouldn’t occur on a regular basis. Many meetings can be completed in less than 30 minutes, which can be beneficial in a number of ways. When it comes to work productivity, long, unnecessary meetings should be avoided at all costs,” he says.
2. Track and Limit Time Spent on Tasks
“An immediate solution to boosting productivity is tracking time and limiting how much time is spent on overall tasks. Production equals success for business, so it’s no surprise that many businesses list increased productivity as one of their primary goals,” says Zalar. “One strategy to achieve this is by using time tracking. Not only can time tracking provide a better perception of who’s doing what and when it’s completed, but it can also help with organization.” Consider time tracking and task management software such as
“One strategy to achieve this is to use time tracking. Not only can time tracking provide a better perception of who’s doing what and when it’s completed, but it can also help with organization,” he says.
Consider time tracking and task management software such as SmartSheet and Wrike.
3. Innovate and Create Profits
Creating new revenue streams is number one, of the top 10 strategic CIO issues of 2016. Your role as chief executive should be to embrace digitization and fuel innovation.
According to Zalar, “By offering new products, services, or data as a product [that is] based on IT, you can enhance customer engagement and boost revenue.”
What’s more, you can make payroll, experts say. If you make your employees happy by paying them fairly and recognizing them for their achievements, there is no doubt that they will be productive as well as loyal.