Productivity tends to be a word that is mostly uttered without much consideration.
“The productivity concern of an entrepreneur should be to enable his/her organization to consistently deliver on its set objectives. And one critical aspect is workforce productivity.”
Every entrepreneur must create a:
System of Hiring: Productivity starts from hiring correctly. Ensure the applicant has capability to fulfil your expectation
System of Training: You cannot manage your enterprise on a blame game. You have to invest in training your workers. If you don’t train them, don’t blame them
System of Remuneration: If you pay peanut, you will hire monkeys. You need to decide who your competitor is. Any organization poaching your staff is your competitor. You need to benchmark your remuneration against it.
System of Promotion: When a worker accepted your offer, he/she has committed a part of his/her life into your care. Entrepreneur therefore, should create a clear career path.
System of Reward/Recognition: Entrepreneur should acknowledge extra effort put in by employees
System of Discipline: It is human to err. However, when error becomes mission critical, it has to be addressed. There is a difference between discipline and punishment. Discipline is a vector approach. It carries magnitude and direction. Punishment is a scalar approach, it only carries magnitude. Entrepreneur should focus on discipline which must provide a sense of direction to the affected employee.
If these approaches are implemented, workers productivity and by extension organizational productivity will improve.