The Productivity Problem
It seems that the larger the business, the better the internal data. Expense reports and quarterly earnings are parts of a well-oiled business machine. However, you can’t find an answer to your productivity problem even though your leadership team has pored over every morsel of data available to them. Or, you may not be aware your company has a productivity problem. Maybe you’ve been lead to believe the current output is the best you can achieve. Take a look at the following three productivity factors, and you’ll begin to get a sense of where you stand:
Tools: The first part of an internal look at productivity begins with the tools given to your employees. Regardless of the business you’re in, tools (even virtual ones) must constantly adapt and change to be efficient in an evolving marketplace. It may be unnecessary to upgrade tools every time a new one is released, but it is vital to be aware of what is available. Ignoring the latest technology can leave you behind in a hurry.
Innovation: The leading companies are constantly innovating. Take for example, Wal-Mart. Their history of creating new ways to trim prices and costs keeps the innovation awards rolling in. By encouraging innovation, you allow your employees to think freely and you may discover an industry-changing idea, entirely within your own company. Rome wasn’t built in a day, but it was built; with many revolutionary changes.
Employee Engagement: We’ve showcased our research in an employee engagement infographic, but to put it simply, employees that are not engaged with their work will decrease your company’s overall output. The difficulty with employee engagement is that it’s nearly impossible to track without continued research. Employees becoming less engaged is similar to worsening eyesight; it happens so slowly and silently that you don’t recognize that it has happened. You must track your employee engagement levels over time to see the trends and stay ahead of the curve.
Many companies are using the power of employee engagement surveys to discover what is keeping employees from reaching their full potential. What makes this research so powerful is that it measures engagement over time and provides an avenue for employees to let their innovative ideas about the entire organization be heard.
These surveys unveil so much information that it’s hard to call them surveys. In fact, they are research instruments. Once the surveys have been completed, the data is collected and turned into to actions to improve employee engagement and overall productivity. Employees want to give feedback about their work environment, but are sometimes hesitant to speak out because of potential repercussions. A confidential survey may lead to some difficult truths for management, but taking the findings to heart will result in a more productive work environment and higher profit margins.
Many companies have harnessed the power of NBRI research. Is your competition one of them? Contact us today for a free quote by clicking the Free Pricing Quote button on this page or call us at 800-756-6168.