Productivity Knowledge Base: Signs You Need to Improve Your Productivity | |||
How do you know you
need to improve your productivity? With all of your other
concerns, you can't devote all of your time to this one aspect of your
business. So, how do you know whether you must increase your efforts?
The good news is inadequate productivity improvement efforts will result in some outward signs. The bad news is these signs don't show up until some damage is done and it takes time for your efforts to turn things around. That said, below are some signs to be looking for. Note that our productivity seminars will show you how to fix every one of these conditions.If you have any 3 of these conditions, you need a productivity seminar with us now!
|
Productivity Red Flag | Severity | Cost to fix |
Estimates frequently less than costs | High | Med |
Good talent is hard to retain | High | Med |
You frequently slip deadlines | High | Med |
Customers complain about quality | High | Med |
Your callback rate exceeds 10% | High | Low |
Your crews complain about poor working drawings | High | Low |
You frequently take performance penalties | Med | Med |
Scrap rates seem high | Med | Med |
Competition seems to "steal" your jobs | Med | Med |
You make concessions on price to get repeat work | Med | Low |
You underbid on purpose, counting on scope changes for profit | Med | Low |
Your training budget is low | Med | Med |
Tool loss and/or breakage is high | Med | Med |
Employee bickering isn't rare | Med | Low |
Your work doesn't always pass inspection | Med | Low |
There's always an excuse for the same problems | Med | Low |
You cut your budgets for training, marketing, or back office | Med | Low |
Your callback rate exceeds 5% | Med | Med |
Your callback rate exceeds 2% | Low | High |
The differences in time used for a task vary widely among your workers | Low | Low |
The differences in time used for a task vary widely among your workers of similar experience and training levels | Med | Low |
Your project managers keep talking about "the good old days" when it was easier to make money on a job | Low | Med |
Do you want to radically improve how well people in your organization make use of the limited number of hours in each work day? Contact me to arrange a time when we can talk about a presentation: mark@mindconnection.com. Why arrange a time? So I can give you full attention during the call. There's a really powerful time management tip. Ask me why it works. |