Tag: “Teams”

Business productivity is defined as the ratio between the production obtained and the resources used to obtain that production. It’s, therefore, an indicator of efficiency. The objective is always to do more with less.

There’s no doubt that the COVID-19 pandemic has been challenging for all businesses and their employees. One of the most prevalent adjustments many have had to make is in respect to remote operations. For those that have previously relied upon office spaces, it can be a bit of a bumpy ride handling unfamiliar practices and a shift in team dynamics. Some teams have had to learn from scratch how to collaborate successfully in a remote setting.

Remote employees are those people who are employed by an organization but work outside the main office either at home or in a different town or city. While remote working is convenient for professionals who do it, it comes with a lot of challenges. Studies have shown that remote employees are prone to more stress compared to onsite staff. They also experience interference when working from home and put in long working hours compared to their office-based counterparts.

Boosting employee morale is one of the most crucial topics that every leader should consider when finding ways to steer their small businesses to grow exponentially. Low morale can result in poor cooperation, low productivity, and augmented turnover. Several studies have demonstrated that focusing on enhancing morale in the workplace can have a tremendous impact on a company’s growth.

Individual performance management can be very effective with benefits for both the individual and the business, when it is applied correctly. It is intended to be a continuous and ongoing process that is not constricted by timetables and schedules in the same way as annual appraisals are, to be truly effective. It is a tool that is used to achieve an understanding and to support the individuals and the business goals coming together.