Episode 151 - Unlocking the Link Between Productivity and Profitability in Small Business
Why You’ve Got To Listen To Today’s Episode:
In this episode, Paula reveals five proven strategies to measure and optimise your team’s productivity. With real-world examples, she demonstrates how increasing team productivity leads directly to higher profitability and greater financial success for your business.
If you’re a small business owner committed to growth, this episode is packed with actionable insights to help you quickly identify areas where your team can improve and drive tangible gains in efficiency and profit.
Highlights
- How to create a clear roadmap to success for your team with self-tracking, defined goals, and KPIs.
- The hidden links between high-quality work, rework costs, and how they impact your profitability.
- The often-overlooked power of team collaboration, and how to measure its direct impact on your bottom line.
- The unnoticed opportunity cost of disengaged employees, and how their lack of initiative could be limiting your profits.
Every successful small business should prioritise productivity—tune in to discover how to transform your team’s performance and boost your financial results!
Chapters
00:00 Introduction: The Importance of Productivity in Small Businesses
06:16 Chapter 2: The Impact of Quality Work on Profitability
09:54 Chapter 3: Timely Delivery: A Key to Increased Revenue
12:08 Chapter 4: Team Collaboration: Eliminating Bottlenecks and Boosting Efficiency
15:07 Chapter 5: The Power of Employee Engagement in Driving Profitability
22:01 Conclusion: The Link Between Productivity and Profitability
SHOW NOTES:
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