Labor productivity always plays a great role in the company’s success, economic growth and social relationships. So improving labor productivity is an irreplaceable factor because it directly depends on the fundamental challenges of a company. Achieving better results, successfully managing technological and innovation processes, acquiring competitive advantages and offering an excellent customer service can only be achieved from the care and attention to the people who work in the company.
Factors driving Labor Productivity
The labor productivity is not the result of work longer something that can even is detrimental to strengthen large- but among members of the team essential aspects as motivation, confidence and commitment . In order to cultivate these sensations it is vital to evaluate the impact of the organizational and business culture on the work environment. A company that inspires motivating and exciting actions , promotes an integrative and tolerant environment, is socially committed and maintains a high innovative and changeable spirit will have a great productive potential by creating a work climate that stimulates people’s abilities and their fidelity to achieve the objectives.
The greatest achievement of a company in favor of labor productivity is that each of its members feels part of it and its success, that this fulfills their aspirations and that they experience, every day, the pride of belonging to a company with a Culture recognized and valued socially. From Great Place to Work® we committed to this approach. It is a complex task that requires changes in the way of thinking and acting , which must be linked to an attitude of commitment to become, little by little, an increasingly better company. Strategies to raise productivity can be consolidated by acting on these five key points:
- The Working Environment
It is a factor that directly influences the emotional aspects of employees , their trust and commitment , which are vital for them to contribute to a more productive work. Creating an ergonomic and pleasant environment where open , tolerant and inclusive relationships can be established , it favors participation, ideas and a higher quality work.
Finding the best formulas for internal communication is often a handicap for many companies and yet, coupled with the work environment, is a key tool to activate emotional impulses and raise productivity. It is essential to learn to communicate with honesty the plans of the company, its objectives and strategies, clearly explaining how and why. This will achieve the respect, commitment and the greatest possible solution of the working group. Communication has to be two-way, listening to people is very important to make the necessary changes that improve workloads or tasks, and that is, everything that helps them to be more efficient.
- Innovation and Technology
The digital age enhances the elements of innovation and productive capacities. It simplifies and agile many tasks and allows the development of new elements and jobs that increase the performance of the company. However, it must be understood that some people may have problems adapting to technological changes and show some resistance, they will need special attention and adequate training to maintain their self-esteem and productive capacity.
- Talent Management
Talent is the most sought after resource by the best companies. At a difficult time like today’s most talented professionals can raise a company’s competitive capacity, provide a more innovative vision and find new ways to solve problems that may arise. An active and attentive proposal is needed to attract people with more multidisciplinary skills and influence the benefits of a culture with a positive social impact that attracts the interest of the best professionals in the sector.
- The Challenges and Expectations
The challenges and challenges are a stimulus for many professionals. The best companies always have ambitious and innovative projects in mind . The design and implementation of these plans not only points to an economic benefit but also allows people with more concerns to develop their work with greater enthusiasm and motivation, seeing in them a great opportunity for personal development. In addition, companies that implement processes of continuous improvement in search of business excellence are, naturally, more efficient and productive.
Evolution and change are indispensable strategies in the business world. Improving productivity is linked to the implementation of organizational and cultural changes, leaving behind the guidelines that no longer work. Open , inclusive communication is essential to create work environments that fuel motivation and commitment. People are more productive when they feel valued and supported in a trusted environment. This reinforces their sense of pride and belonging by perceiving that their work is useful and collaborates in an end beneficial to all.
Hello everyone! This is Richard Daniels, a full-time passionate researcher & blogger. He holds a Ph.D. degree in Economics. He loves to write about economics, e-commerce, and business-related topics for students to assist them in their studies. That's the sole purpose of Business Study Notes.
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