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2019-01-29 18:43:31How To Run Your BusinessEnglishProductivity can not only boost your bottom line, but also promote staff and customer satisfaction, which is the foundation for business...https://quickbooks.intuit.com/au/resources/au_qrc/uploads/2018/07/iStock-692292412.jpghttps://quickbooks.intuit.com/au/resources/how-to-run-your-business/5-productivity-tips-to-ensure-business-success/5 Productivity Tips To Ensure Business Success | QuickBooks Australia

5 productivity tips to ensure business success

2 min read

Increasing your business’s productivity levels means you will be able to complete projects in a shorter time while maintaining the high standard your customers are used to. Thus, productivity can not only boost your bottom line, but also promote staff and customer satisfaction, which is the foundation for business success. Here are five top productivity tips to help you and your team get more done in 2019.

1. Praise a job done well

Staff who feel valued tend to be more motivated to do great work. So, let them know you appreciate them by rewarding a job well done. Sometimes, a simple verbal acknowledgement may suffice. However, if you want to do more, you could go ahead and implement a rewards program. When your staff feel their contributions are valued, chances are they want to maintain this standard in the future.

2. Promote well-being

A good work-life balance is important, so you are refreshed and motivated once you return to work. But promoting well-being should continue in the workplace. Providing a welcoming and positive work environment can help bring out the best in your team. This can include things like a comfortable break room, gym access, or occasional meditation or yoga classes that allow them to take a mental break and reset.

3. Encourage learning

Enable your team to take advantage of industry talks, online courses, or other training opportunities to sharpen their skill sets and build their confidence. Anything that benefits their career progression can also help your business. Your active support and more confidence in their own abilities can inspire your team to work faster – and smarter.

4. Provide clear instructions

If your staff have a clear outline of their role, it’s more likely they will perform to the expected standard. Be transparent with expectations by offering clear directions and key performance indicators (KPIs). This can help you ensure everyone is on the same page and is working towards a common goal. It’s also important to put tasks and instructions in writing to discourage any miscommunication.

5. Discourage multi-tasking

It can be tempting to answer the phones, prep for tomorrow’s meeting, eat your lunch, and chase up invoices at the same time. However, multi-tasking isn’t always the best use of your time. In fact, it can lead to tasks being completed at a slower pace and to lower standards. Therefore, aim to encourage your team to do one thing at a time, and to do it well. This approach is more likely to result in a better use of their time and more successful business outcomes.

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Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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