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Monetize Lost Productivity



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Persistence, Purpose and Passion - By Kerri Salls

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By definition, productivity is a measure of output from a production process, per unit of input or more simply yielding results, benefits or profits. Productivity is distinct from profitability. Profitability is the net difference between revenues and expenses. However, every little improvement to productivity has a direct impact on your profitability.

In discussions with clients, we talk about productivity in terms of the results they need and how to Get More Done in Less Time and Reduce the Cost to do so.

Look at Denise Lander’s list of Time management statistics.

Note the time loss and the cost impact as reported year after year. These time management statistics are clear evidence that organizations of all sizes desperately need productivity training to take control and get organized.

The statistics are sorted into four categories:

· Email and Internet Use

· Stress and Work/Life Balance

· Time and Multi-tasking

· Paper and Filing

As you look at these figures, consider what the results would be for your business. If you were asked about the time you spend on these four activities and the dollar cost to your business’ productivity, what would the answer be? How could you increase productivity in that area?

When you look at your productivity and the team you have built around your business, can you see inefficiencies in how things get done? What is it costing you to continue to do things the same way? If you monetize that lost productivity, how would you choose to spend those resources? Getting more done? Saving time? Saving money? Increased profitability? Spending more time with friends and family? Taking that vacation?


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Free PDF Download
Persistence, Purpose and Passion - By Kerri Salls

Name: Email:

About the Author: Kerri Salls

RSS for Kerri's articles - Visit Kerri's website
Solopreneur Maven and Business Accelerator Kerri Salls is President of Breakthrough Enterprise LLC, a startup and solopreneur mentoring company committed to empowering solo-professional achievers: entrepreneurs, solo-preneurs, and consultants, with the tools to launch and thrive in the business of their dreams. She has helped hundreds of entrepreneurs, solopreneurs, consultants, service professionals and sole proprietors thrive and grow to triple profits with her proven strategies and systems. I'm also offering a hands-on planning event in 3 weeks: www.solo-success.com Kerri Salls Solopreneur Maven
Click here to visit Kerri's website.
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