Tuesday, February 9, 2010

How To Improve Productivity

April 7, 2008 by Tom Lindstrom · 6 Comments 

Lack of time is one of the most common complaints shared by business owners,and home business owners are no exception.Developing time management skills can improve productivity.There never seems to be enough time to get everything done in a day, and this results in a lot of important marketing tasks that are not done properly which leads to a negative time balance the next day.

The following day starts with completing the tasks that should have been done the day before. You have a negative time balance the minute you walk in the door in the morning, and you need to work twice as hard to keep up.

Home business owners seem to forget the fact that they own their time and if it is wasted, they have them selves to blame.If you are working at home with internet marketing you are familiar to interruptions in your work during the day, for many different reasons.Taking the kids to school in the morning, doing some chores, cooking dinner and so on.

All these small interruptions take a lot of your working time and you get behind in your schedule when you should be marketing your home business.

Businesses with employees have the opportunity to share some of the workload, but for some reason they are not. To determine if they are getting the most out of their effort,they need to calculate exactly how much their time is worth and look at the work they are performing to decide if they are overpaying to get many of the tasks completed. For example, a business paying themselves $50,000 a year, if calculated at 40 hours per week, would be paying $25 an hour for their labor.

Everyone knows they will probably make less and work many more hours when they first start their business, but for the sake of round numbers, $25 an hour will be used. If you are the one putting all the files away, writing letters and making trips to the post office you are paying a premium wage for someone to do basic clerical duties. Besides, would not the talents of the business owner be better served looking for new business prospects and working on developing new angles for the business? An effective way to improve productivity is by developing time management skills.

If you are running a business on your own, you will obviously have no employees, and would be doing everything anyway.This is just an example of how business owners sometimes allow routine jobs to get in the way of aggressively seeking new income streams. Other ways a business owner, or a supervisor allows themselves to be sidetracked is by allowing other people to delegate up within the organization.

For example, a subordinate or employee walks in and complains they are having trouble finding information on a certain subject, some supervisors simply tell them they’ll find it and let them know when they have it. Now, the task assigned to this person now becomes the responsibility of the supervisor, added to their already filled plate. Additionally, that employee, being dedicated to their job with an understanding of follow up returns later to ask how the search for the information is coming along.

What should have happened, is the business owner or supervised should have made a suggestion on where to look for the information instead of allowing that responsibility to fall onto their back.Suggest places to look and have them get back to them on their continued progress.

Asking for guidance of the boss is one thing, manipulating employees can often eat chunks of the boss’s time by delegating upwards in the chain, freeing them to do other things they may be more comfortable performing.

Comments

6 Responses to “How To Improve Productivity”
  1. Jenna says:

    I agree that time management is key — regardless of what you do or where you work! Great post!

  2. Dex says:

    Agreed.

    Batching (saving similar tasks to do all at one time) is a good tip as well.

    ——
    http://www.1manop.com – The journey of One Man Startup

  3. Tom says:

    Hi Jenna! Thanks for commenting.Time management is really important and planning of the daily marketing tasks.

    Dex – I have noticed that saving tasks for “a rainy day” when running a home business can work when you have new things you need to test.Otherwise I use my proven techniques on a daily basis.

  4. Dave says:

    With so many distractions at home it takes great determination and motivation to actually get everything done for the day.

  5. Its an informative post and I got some new from this post so I am agree that Asking for guidance of the boss is one thing, manipulating employees can often eat chunks of the boss’s time by delegating upwards in the chain, freeing them to do other things they may be more comfortable performing.

  6. Gunady says:

    Running our own business would require us to calculate exactly how much our employee time is worth. I myself would rather do all the things by myself. But I can’t say it’s easy, most often it’s not.But I guess that is the price we should pay for running our own business :-)

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