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.
My brothers and I were blown away by the (take charge) approach to solve our productivity problems. The attention to detail by the Smart Business Doctor staff, was more than we could have ever expected. Even my job description was changed, and I am working in the business, contributing in a much better way. The greatest benefit we received is that because our labor costs are much lower, we are more competitive with our bids and we have started to pick up more work and more customers. On behalf of our entire family, we appreciate all you have done.
When Smart Business Doctor first conducted the ‘Business Assessment’ I really did not think my business had very many problems, once I saw, the type of tools I was missing to track my financial status, it was a real eye opener as to, how far off track my business was. The Smart Business Doctor project director, who provided us with the systems and controls to help us take our company to a high level of professionalism and credibility was amazing. Their consult absolutely changed the morale and integrity of our office staff, and assisted in building a more trusting relationship with our bank…thank you, to all the Smart Business Doctor geniuses that saved my company.
Larry & Sylvia M.
Bottom line, Smart Business Doctor probably kept me from BIG TROUBLE, or saved me from multi-million dollar lawsuits, my business was totally out of control, I had so much liability exposure and I was running scared that I would never be able to get my arms around my problems. I had no systems in place and what money I was making, was totally, by mistake. Jeff, the Project Director taught me how to be a businessman, taught me how to take control of my business, taught me how to manage. Without him, who knows where I would be today. Smart Business Doctor is not cheap, but worth every penny I paid, and I receive a return on my dollar spent, every day.
When we considered bringing on Smart Business Doctor for advice, I was not quite sure that we could improve the bottom line at all. I was very worried about employee morale. I did not want to let any employees go or compromise are good status and great reputation. The management quickly saw issues from a different point of view. We would have never thought of these remedies. We are now able to continue as before, but with a much better profit margin.
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.