Without doubt one of the key areas in your business where you can increase efficiencies is with your team and their performance – both as individuals and as a team.
Recent statistics show that most employees are only 69% efficient in their roles on a day to day basis. This means that the average worker wastes 30% of their time!
Let’s put this into some numbers…
38 hours x 48 weeks = 1824 hours per year
1824 hours x 30% = 547 hours
547 hours/8 hours = 68 days wasted per year!
From your review, you can start to move forward with creating a more efficient team. Firstly and simply remove the D graders- they don’t perform at the required level and they don’t really care to do the work to improve, so what are you paying them for?!
Secondly, look at your C graders. While you benefit from their high level of skill, C graders can be “cancerous” to the rest of the team, particularly for the B graders who look to them for guidance while learning the trade. Their cynical attitude and lack of motivation can influence the B graders, who then become duds (low level skill and attitude). Misery loves company and Cs will spread around their negativity as much as possible. These employees should be given the opportunity to step up and improve their attitude or they should follow the same path as the Ds and be removed from the team.
Now, with only the most committed, hardworking players on your team, you will see your efficiencies improve and less time wasted. You can now look to bring on more quality team players to help move your business forward.
For more information on improving team performance, contact PROTRADE United today.
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