Just Single one and most powerful aspect for better efficiency and productivity enhancement of your employees is Job security. Yes, I have come across tiny, small and good turnover business owners, who are under wrong impression that stress or tension improves productivity or efficiency!
Yes, it is true little stress or tension does improve productivity, but then it can not be with "hanging sword" on the future of employee’s job.
If they have job security, definitely employees are ready to take more efforts and do their job better-way.
But when every now and then - employees are threatened for their continuity in the job, then they start looking for earliest opportunity to desert you and then who gets more into trouble? Oh dear owner, YOU.
I came across a businessman, who had good export business and his company was doing good business.
One day, when due to above reason, his Steno cum self correspondent left, he thought - he can get n number of people and why to bother to call her back?
Yes, it’s true you get numerous people; but most of them are not suitable for your kind of working. Either most of them are not efficient or some of them who are really good, you say, you can't afford to employ them and you start speaking in accountant’s language and not businessman’s language such as, she costs my company so and so... Dear businessman, she does not cost, but because of her proper working You EARN.
As after 11 months, when this businessman came to know that, due to departure of the earlier efficient steno, and non proper communication from the new guy, [ initially he thought - he was smart and saved every month Rs.2000/- i.e. in 11 months he felt he had saved Rs.22,000/- ] BUT when from an expert he could understand - the loss of business during her absence and non proper handling by others - was to the tune of 32 lakhs [ Rupees 3.2 Million ], he understood his mistake and employed better people and is back on track…almost.
Not only good salary, but better adhere to 8 hours working. Or else, certainly they will desert you at the first opportunity. Its not more number of hours their presence in office or factory but its work – what they do! [ other wise all good people leave you and you are left with worthless people to do whatsoever you tell!].
Learn to appreciate - small good works done by your people and then not only your business will zoom up but at no cost you Earn good name as " Our boss is really good ... he takes care of us … etc.".
So dear, at no point make any employee to feel un-secured, as it will guaranteed way put your business in reverse gear.
Best is, call out-sourced trainers for your employees productivity training and you get free valuable suggestions from their experience to build your business - to establish well and then you earn, name fame and of-course the wealth.
So all the best..
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Author Vijay Mahagaonkar is 32 years experienced professional and is President of Brooklyn Business Success Inc*., Mumbai and is most powerful a guide / Corporate trainer. Employees efficiency and productivity development Training by our Team of Experts. Nation-wide, on-site training workshops and also at The Taj and Le Meridien for Senior Management and business owners. Check our website, to know what the employees to any business.. at: