This in an excerpt from this book
To define productivity at the workplace in simple words, it is about how efficiently an organization’s employees achieve their company’s goals and objectives and produce best goods or services to meet their customers’ demands and expectations. Maintaining great levels of productivity at the workplace can help the companies in reducing expenditures, increase the satisfaction level of customers and other stakeholders, go for expansion plans, and stay ahead of the competitors in the market. A decline in workplace productivity can have adverse effects on a company’s overall performance and profitability.
Thus, employers and employees together can comprehend the reasons behind the low workplace productivity, work on them at professional as well as personal levels to bring the work performance back on track and take it to new heights. An employer can train the employees on work potentials, reorganize and modernize business processes, and nurture higher optimism among the company workforce. In the end, an employee is a kind of an investment for the company, and the investment would only be worthwhile if it delivers the returns on the right time for the company. Only then it would be a win-win situation for both, employees and employers.
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