Productivity is one of the single most important KPIs (Key Performance Indicators) in a business. We tackle productivity problems head-on, knowing this is the most vulnerable area for an owner to control.
Productivity & Performance
Productivity is probably the single most important (KPI or Key Performance Indicator) in a business. A business owner’s largest expense in a company is the human resource costs of payroll.
If employees do not produce to the level they are paid, then the productivity rate declines and those lost dollars drop directly to the bottom line of profit losses to a company.
Time studies, productivity measurement, production efficiencies, floor plant layout, raw materials distribution, training, management, accountability, and incentivizing are all an integral part of boosting and maintaining high levels of productivity. Most business owners do not know how to measure productivity, and without an accurate measure, productivity costs can not be controlled or relied upon in contributing to profit.
At Smart Business Doctor we tackle productivity problems head-on, knowing this is the most vulnerable area for an owner to control.