Due to the current economic scenario, it is common for companies to have problems related to falling results and low income. However, many companies have been in place for a long time, and because of that they cannot settle in the market and maintain their productivity and income, which is why they end up closing, or fired a large part of employees.
In periods of crisis, it is essential to turn attention to management and productivity, so that your company can increase results, managers need to keep in mind two primordial concepts: competence and performance . As a result, actions need to be designed to improve company management and team productivity, as well as the role of each employee, to keep the organization in the corporate environment .
From this, we have prepared 9 tips that can help your business improve results and competitiveness over competitors and the market.
Changes focused on productivity
First of all, you need to keep in mind that if your business is not presenting the expected results, something is wrong, and when something is not right, it must be modified. It must be understood that insanity is doing the same thing every day waiting for a different result, so if you are not satisfied with your business performance, get ready to make changes in all sectors.
To know where it is best to focus on changes, it is necessary to evaluate which sector or part of your business is not generating the expected results, then implement improvements, always having the objective of results, only then can you make your company more competitive.
Understand the Return on Investment (ROI)
Calculating ROI is nothing more than knowing how much money the company is earning (or losing) with each investment made. This includes everything that is done aiming at some future profit for the company, such as sales team training and strategies for capturing new customers. Thus, it is clear not only which investments are advantageous, but also how to optimize those who are already working, so that they perform even better.
Make a strategic planning
It is important to put on paper the raison d'être of your business, as you want to be recognized and list the qualities you want for your team. Bring this information to your discussions and remember it all the time. Mission, vision and values exist to guide you and your team.
Define the competence of each position
This tip seems not to be so important, as you as a company manager knows what each employee is doing inside the company and how the positions are distributed. However, it is of great importance that this survey of each other's skills is made, so that the company's strategic planning can materialize.
Preserve your company information
With the use of the internet for virtually every day -to -day activities, it takes extra care when it comes to positioning the company in the digital environment. Security a constant concern of managers, who should cherish so that company data is not endangered. When it comes to safety, main investments should always be in preventing problems generated. In the event of safety failures, the risks and damage are often huge, such as loss, leakage or kidnapping of information .
Make the goals reality
Set short, medium and long term goals as this makes it easier for planning and also makes you realize the evolution gradually. Defining, disseminating and monitoring goals for each department facilitates the company's objectives and also makes each employee know how to know their role in meeting the goals and can assist within the ultimate goal, which is the search for better results.
Give autonomy to your team
The results are better when the employee feels part of the company's solution and definitions, so encourage decision making at all levels. Decisions aligned with company values will hardly be negative, the effort to incorporate values is lower than managing all decisions.
Identify the failures
As you have already identified the profile of each employee and gave autonomy to your team, now it's time to see where the flaws are, reasons for falling results. Analyze your team and see if people are in the correct sectors within the company and fulfill their labor obligations.
Learn the value of productivity for the results
Productivity today by companies. This is because it is totally linked with growth and better results. Controlling productivity is important to make the job surrender more and for the time of activities to be sufficient, after all, time is money, so working more in less time means earning more.
The drop in productivity can be a negative point when seeking results for the company and can be caused by numerous factors, such as waste time on social networks , idleness, lack of dialogue and definitions, among others.
Controlling productivity through management will help you identify your business weaknesses, make you more productive, reduce the waste of time and resources, making your business more efficient and competitive.
Do you think these tips were useful and can help you leverage your business and bring you more results? Share your experience with us and keep following our blog.
