10 Strategies for Improving your Business Productivity for Better Profits

Successful projects require a great plan of action and talented, hard-working people to make things happen. However, for workplace productivity, the sole effect of your efforts extensively caters to how fast and far you’re able to make it.

To maximize productivity, creating a clear plan for how, when, and why things must occur to achieve a specific goal is crucial. Prioritizing a productivity strategy takes ample time, flexibility, and patience. From KPIs to ultimate motivation and physical wellness, there are big ways to master productivity for your business.

What are the Ways to Improve Business Productivity?

Business productivity directly relates to how engaged a particular person is with their employer and in their work.

A recent study shows that people tend to work harder when someone watches and shows appreciation for their efforts.

 -Harvard Business Review

Thus, to bring in more and more productivity, company leaders and managers must create a motivating setting to keep their workforce focused. Enhancing productivity has become even more crucial because of remote work settings as core managers need to develop plans for engaging employees both at home and office. The greater you capture your team’s interest and attention, the better the chances of having an excellent shot at boosting productivity.

While all this sounds pretty good, you can only succeed with a clear blueprint. With this, a company will only grow by keeping employees constantly productive and motivated.

Some tactics to maximize the productivity and effectiveness of your business are:

• Keep Things Pretty Simple:

A productive strategy is a key to success, but it doesn’t have to elaborate for maximum results. Thus, it is just and wise to create a simple and focused plan with clear outcomes and steps that assist people in sticking to a particular task and setting them up for success.

Mapping out SMART goals with specific and achievable goals can be a good starting point. Hence, everyone knows exactly what’s to be done.

• Set Reminders:

Reminder apps like Todoist and smart calendars track the critical work to be done on specific days and times, so you no longer have to brainstorm the to-do tasks. Most importantly, you can integrate your apps with collaboration tools like Slack so that you may organize everything by topics, teams, and channels.

Establish prominent milestone notifications and alerts at the team level so that individuals set their tasks within the same channel for granular items.

• Review Goals Regularly:

Establishing goals is one of the most crucial parts of a business strategy. But they only mean something if you, as a business, are reviewing and revising your goals regularly.

After clearly establishing goals, ensure that everyone can check the progress daily or within an already discussed stipulated time.

• Minimize Time-Wasting Activities:

Whether you’re working from home or the office, countless things steal the workforce’s attention. Successful managers realize that saving time from wasting activities tends to combat the attention from the worst of them.

Some of the most common productivity killers that every business organization must avoid at all costs are:

1. Meetings
2. Unnecessary Emails
3. Distracting Co-workers
4. Lack of Organization
5. Social Media
6. Procrastination

• Employ Productivity Apps:

Technology can be our most considerable aid and the biggest distraction. When used for something good, these apps will boost business productivity significantly. The most commonly used productivity apps are:

1. Slack
2. Todoist
3. Evernote
4. Dropbox
5. Asana

All these ensure a seamless flow of information and promise unbeatable productivity.

• Motivate your Team:

One of today’s most complex yet important business growth strategies is motivating team members. The “how” of this question might sound pretty really challenging. Therefore, it’s too crucial to develop a clear understanding of what is the most important person you work with.

To attain success, ensure striking a balance between intrinsic and extrinsic motivation. It is because you can reach productivity only when you follow this approach. Intrinsic motivation assists with reflective benefits that wish to make a person successful for no reason other than personal satisfaction. On the flip side, extrinsic motivation offers external rewards for accomplishing specific goals and good behavior, like company parties or some extra vacation days.

• Say No to Multitasking:

Many people claim to be excellent multitaskers. However, it is always better to work on one thing at a time.

Studies show that multitasking negatively affects individual productivity by as much as 40%.

At a bare minimum, ensure that the team members have an equal workload. Try delegating tasks based on the best out of everybody and be willing to take on the responsibilities. By establishing realistic expectations, you reduce the need for juggling between too many things at once or even put in minimal effort.

• Provide a Wellness Program Subscription:

Wellness encompasses physical and mental health, both of which help enhance productivity.

Research shows that people with solid mental health experience 23% increased productivity, and those with physically healthy employees are approximately 17% more productive.

 -Harvard Business Review

You can offer your employees benefits like health screenings, weight loss plans, or onsite fitness equipment. All these ensure the overall productivity and improvement of a person that helps with physical and mental stimulation.

• Build your Focus on Focus:

One of the most critical problems in the industry today is employee burnout. It leads to a lack of motivation, procrastination, illnesses, and injuries.

A recent study showed that vacation improves mental wellness, physical health, cognitive functions, or relationships.

-Psychology and Health

To keep minds fresh, employers must encourage regular breaks and vacations. Offering remote operations can also cut down on an employee’s commute fatigue. Are you wondering if remote work will bring productivity? There are big ways to maintain strong communication and improve business productivity.

• Conduct In-person Meetings:

It is hard for some people to communicate without barriers and share their ideas in the workplace, whether with their peers or bosses. You can foster inclusion by setting-up team collaborations.

Scheduling regular in-person meetings and video calls would also do good in discussing the workload, struggles, goals, missions, and visions of improving the overall experience and performance.

Final Walkthroughs

In essence, better productivity all begins with the business leaders providing success frameworks. Thus, it is crucial to figure out everything that motivates the individuals and team- from setting reminder notifications to offering generous wellness and vacation programs.