Archives For productivity

As you continue to grow as a leader, the invariable happens. You get put in charge of more. Whether you’re promoted to a higher position or have your level of responsibilities expanded in your current role, there’s simply more to oversee. In fact, as unemployment rates fall and Baby Boomers continue to retire, there is a good chance your new leadership opportunities will come before you feel ready.

Receiving a promotion or an increase in responsibility usually comes as good news. It’s positive recognition of a job well done. But with it can come an uncomfortable anxiety: now what? How am I going to find the time to get everything done?

If you’re in a situation with more responsibility than than you know what to do with, let me share my number one productivity tip – and a few others that will help you manage the load.

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How much is waste costing your organization? It’s possible you may not have thought much about it before. After all, things are busier than they’ve ever been and we all have our jobs to do. As long as we can get the work done and enough funds are coming in the door, it’s a good day, right?

You’ve heard the old adage “a penny saved is a penny earned.” But consider the following business scenario: if your operating profit is 10% and you are able to eliminate enough waste to lower your costs by 10%, your profits will nearly double without earning any addition revenue. Pennies aren’t worth much in today’s dollars, but add a few zeros on the end and it adds up quickly.

You don’t need to be in a profit-producing role or be Six Sigma certified to be a productivity leader. There’s waste everywhere – in for-profit and non-profit organizations alike – and in every function. It’s a leadership responsibility to identify and drive out waste when we see it.

Money Down Drain

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