Enhance business growth by driving productivity

A successful business model requires invested people and invested leaders. It is essential that your people understand their contribution, and how this leads to further business success and growth. Implementing and measuring an effective learning and development plan improves productivity and has many additional benefits such as improved retention and strengthened company culture – all of which drive growth.

In our recent webinar, experts Julya Holden, from Moore Kingston Smith HR Consultancy, and James Davenport, from MooreMentum, explained why assessing productivity is essential for business leaders to increase profitability and enhance business value.

Top tips on how to enhance business growth by driving productivity

• Clear and strategic communication: ensure that there is clear and strategic communication throughout the organisation to align everyone with the organisation’s value proposition and purpose.
• Invest in learning and development (L&D): allocate sufficient resources to learning, coaching, and development to empower employees and enhance productivity.
• Personalise programs: tailor L&D programs to meet the specific needs and preferences of employees for a more engaging and effective learning experience.
• Align with organisational goals: connect L&D programs with the organisations’ goals and vision to motivate employees and drive productivity.
• Evaluation and measurement: establish a robust evaluation and measurement process to assess the effectiveness of L&D programs and identify areas for improvement.
• Create a culture of learning: foster a culture that values continuous learning and development, leading to increased productivity and revenue generation.
• Setting goals: spend time working on your company goals and understanding exactly what output you want from your team.
• Management information: ensure you have high quality, reliable, timely and relevant management information. This will identify barriers within process that prevent teams performing and crucially help to monitor productivity.
• One step at a time: unless a business is in a catastrophic state, evolution rather than revolution is typically the most effective way to enhance team productivity.
• Celebrate success: where possible make sure that reward is based on team output, but accountability sits with the individual.

Contact our expert team to discuss how to enhance your business growth by driving productivity.