Growth in the face of budget, time and resource constraints has become a critical capability of our time. “Doing more with less” has become the mantra of many companies today.
Train your team to communicate more effectively (listen more than you speak, be empathetic, etc.). These techniques reduce the communication time, improve the understanding of the people involved and help avoid misunderstandings also, accept as many communication tools as possible. Instant Messaging, SMS, Online Meetings: The number of options is constantly increasing. At the present time, your employees should not have to wait for you to leave your meeting to speak with you.
- Implement software and hardware that streamline tasks, reduce costs or improve performance. Too often we stick with what we have for too long. Make sure you stay up to date with developments in any technology that affects your business.
- Use third-party providers to remove specific tasks or even complete job descriptions. From virtual assistants to virtual sales, outsourcing can improve your skills while lowering your costs.
- As far as possible, take your employees’ comments into account when making their decisions. At a minimum, they must be involved in every decision that influences their work. This will empower your employees to encourage further feedback on other aspects of your business and build a stronger connection between you and your business.
- Create short and long term goals for every aspect of your business. Be sure to involve your employees in the development of these goals to foster the personal commitment of each individual employee.
Create an action plan
- Your team needs a roadmap to implement processes and achieve goals. This keeps everyone up to date, clears up tasks and streamlines the processes. And as they say, it’s not a plan, unless it’s written. Make sure that every action plan is documented.
- When times get tighter, people are stressed out. In order to keep the environment positive, you eliminate unprofessional, irreverent and repulsive behavior. Celebrate success and focus on what is going well. Above all, promote a pleasant atmosphere. Increasing productivity while reducing staff may be a daunting task. By implementing the above techniques, you not only increase productivity but also create a business environment in which every employee wants to work.
Better people, better deals
- In a perfect world, you can afford to hire the perfect person every time. Unfortunately, the real world is subject to financial and time constraints, and hiring perfect people is not always possible. Instead of engaging a superstar for the best price, is it more logical to work with the people you already have to develop your talent from within? At best, take your high potentials, give them development opportunities and projects that expand their skills, and come out with a whole team of superstars for less than the cost of this “perfect” rental.
What do you have?
- Gather and analyze detailed performance assessment information to give you a good idea of your business excellence and skill gaps. To do this, you need to be able to cut and cut data about the people you collect by job, department, region, etc. This is invaluable to finding and keeping the right people in the organization. This means you have powerful analytics and reporting capabilities that enable you to visualize and use talent data in real time. Ask yourself the following questions: Which metrics define good performance for your organization? What are the main behavioral characteristics of your current rock stars? How do you translate this information into clear and understandable criteria that are shared and implemented throughout the organization?
Know where you are going and what will guide you
- If you cannot get where you want with what you have, address your skill gaps. Use 180- and 360-degree exams, self-assessments, and skills assessments to get an overview of strengths and weaknesses and assign specific training to the areas of improvement that you identify. Linking performance clearly with learning, knowing where you are weak and how to develop those areas is not only important to current employees; In addition, you will receive the information you need to strengthen your business and ensure its sustainability.