Tuesday 13 December 2016

4 Ways Technology is Improving Business Productivity


Productivity isn’t a buzzword that businesses can ignore. Productivity is at the heart of every single successful business process, regardless of the application or industry. But what happens when productivity wanes? Well, in 2016, your best bet is to utilize technology.

Boost Productivity One Step at a Time

In the business world, time is money. By spending a few extra hours on a process, you’re wasting money. By streamlining a process and finishing it ahead of schedule, you’re making money. It’s as simple as that. Thankfully, with new business technologies rising in prominence, saving time and enhancing productivity is possible.

1.   Better Networking

In the past, if you met someone at a networking event or conference, you had to get their business card. Eventually, the majority of business cards got lost or thrown away. But today, you don’t need business cards. All you need is a name and you can send a LinkedIn invitation, find their email address, and set up an alert on your phone to touch base with them.

2.   Root Cause Analysis

For large organizations that operate warehouses and factories, avoiding bottlenecks and keeping things moving in a positive direction is tremendously important. The problem is that manual intervention can throw off processes and slow things down. That’s why many organizations are turning to root cause analysis.
According to Pinnacle Advanced Reliability Technologies, “Root cause analysis can help future-proof your facility by investigating why failures happen, leading to changes in procedures, processes, or design that can prevent similar failures from occurring unexpectedly.” In other words, it’s a tool that every business needs in their toolbox.

3.   Enhanced Collaboration

One of the most important business developments over the past decade has been the growth of telecommuting and mobilized workforces. At the heart of this trend is enhanced collaboration technology that cuts wires and allows employees to conduct work regardless of geographical location.
“Telecommuting can take either of two forms. One, perhaps the way people typically think of telecommuting, is an employee working from his or her home office or a coffee shop during normal working hours instead of going into the office,” says Jeffery M. Jones of Gallup. “But workers can also telecommute in addition to being in the office by logging on from home during evenings or weekends, when necessary.”
Some of the specific technologies that allow organizations to permit telecommuting include video conferencing, cloud-based servers and file storage, and remote desktop access.

4.   Improved Organization

Organization is a big thing for large companies. If you aren’t careful, you could end up having to hire someone full-time just to manage your data, spreadsheets, and critical information. Thankfully, there are technologies that ease this burden and make it possible to stay organized without overspending.
For example, let’s say your business employs a bunch of salespeople who spend their days driving around and calling on businesses and homes. In the past, businesses have tracked hours, mileage, and expenses using paper logs or spreadsheets, but this is a really inefficient way of doing things. Someone has to follow up, organize, and verify all of this data. Well, there are finally simple technologies that automate these otherwise complicated processes through singular interfaces that help companies maintain accuracy without demanding more human capital.

Productivity and Technology

Imagine for a moment that each individual in your organization had one extra hour per week in their schedules. If you employ 50 people, that’s 50 extra hours. How much more could you get done with an extra 50 hours of labor?
Well, by adopting the right technologies, you can streamline time-consuming processes and identify wasted hours. Plenty of other businesses are doing it – will you?

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