6 Ways You Can Improve Company Efficiency

Efficiency can push a business to new heights or drag it down to the depths of bankruptcy. If your business lacks efficiency, it could end up being the one factor that permanently takes the business down. On the other hand, a highly efficient company will see positive effects like growth, revenue, and a positive work environment.

There are many ways to improve efficiency within a company. Most of these consider your relationship with your employees and already-existing processes in your company.

Promote Open Communication

First, break down the barriers to communication. These may be language barriers, obstacles of superiority, or challenges of a good communication flow. Make sure employees have full access to ways they can communicate one with another. Easy communication makes for more accurate and quicker results.

Allow For a Variety of Opinions

Of equal importance as promoting open communication is being open to opinions that are different from your own. Employees will have opinions—let them voice them. Create a culture of seeking to listen to understand. Allowing employees to share their honest opinion fosters confidence and trust. Avoid problems later on by helping employees feel that their opinion is being considered, not immediately rejected. Regardless of an employee’s position in the company, they are closer to the ground and have a different perspective than you do on what is happening. Be open to ideas that may disagree from yours—these ideas may actually help the company succeed.

Go Digitalwoman teamwork and digital communication

Not only is “going green” the popular thing to do right now, it will also help streamline your business. In our ever-advancing world of technology, digital communication provides faster access to solutions at any time. Adding things like tablets and portable electronic devices allow for immediate answers to be presented in a moment’s notice. Devices like these can be taken to conferences and used for notes, presentations, email, and more.

Check Your Office Atmosphere

What makes your office unique? You could include bold colors, as this adds some enthusiasm and excitement to your work environment. This makes your space a more pleasant place to come to each day. Including plants in the workspace helps filter and purify the air, and they are aesthetically pleasing to most people. Give employees a place to relax on their breaks—whether with couches, comfy chairs, or a break room.

Check Stats on Your Employees

Use a productivity-measuring tool to determine the efficiency of your employees. (You can find many options if your business works online.) If your team does something you can’t track with a tool, find other creative ways of measuring productivity. Ask managers to take note of what their employees accomplish. In this way, you can find areas where you could improve the time it takes to complete tasks and streamline your company’s productivity.

Set Achievable Goals

Goals help people see a future and a reason to keep doing what they do. It is important, however, to make these goals achievable; not too easy, but not too hard, either. If goals are too easy, they don’t provide an incentive to work hard towards. The result is the opposite effect from what you want: these goals can cause employee efficiency to go down. With goals that are too high, employees will become discouraged, feeling like their efforts are not making a difference. So make goals that will push your employees to do better, but which won’t break their morale.

What other ways do you improve work efficiency in your company?

download Crucial KPIs for your growing company