Friday, May 22, 2020
Tackling the Inefficiencies in your Business
Tackling the Inefficiencies in your Business Have you encountered inefficiencies in your business or sidehustle? As would be expected every small business works slightly differently because people themselves are different, and each part of the business machine gets human input somewhere along the line. What we usually forget (especially given our big dreams and even bigger expectations!) is that humans are fallible, and sometimes the ways some parts of a business operate are not as efficient as they should be. So how can inefficiencies be identified and then rooted out? Its not always people that cause a business to be inefficient. Frequently it is the way systems work, and although these would initially have been set up by the owner and other employees they can get to stage where they are no longer fir for purpose. So is your system a working one? People problems Business inefficiency can also be caused by people; employees who are not working effectively to help generate the returns required for a sound bottom line. There may be many reasons that an employee is not working efficiently, including problems with family or a relationship, difficulties on the shop floor between employees, or an underlying illness that requires time off. One aspect that business owners should consider is the possibility of drugs or alcohol misuse. A business has the responsibility to keep its employees safe, and any under the influence of substances present a real risk to co-workers, especially if they are in charge of machinery. Many companies go to drug and alcohol testing specialists so that can identify any problems as early as possible before taking action. A wide range of substances can be tested for, and it is becoming more and common for businesses of all sizes to take this step to protect both the business and its employees. Inefficiencies are a common road hump in the running of a business, but it can be overcome with proper follow through and well-oiled systems in place. Do you have any advice for business owners going through inefficiency problems? Tweet us now @mcareergirl or comment below!
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