Tools to Measure Productivity
Key performance indicators or KPIs are quite often used as ways to measure productivity in the workplace. For this, every position within the organization has to have linked to it, the responsibilities and outputs that are indicated by laying down such performance indicators.
Once KPIs are laid down, it is then up to the assessing authority to measure the performance of each employee and degree of efficiency that the employee has. KPIs would have to be constantly upgraded when new technologies become available or training is imparted to the employees. These are also ways to increase productivity and an organization that offers sufficient importance to these aspects would find its productivity levels constantly on the rise.
Productivity can be greatly affected by jobs becoming dreary or repetitive and managements must make sure that all ways to measure productivity in the workplace take this into consideration and find means to keep the work force motivated.
When determining ways to measure productivity in the workplace, it is necessary that items to be measured are defined. Then the techniques and methods of measuring as well as relevant standards can be determined. For this, industry standards can be used or in-house time and motion studies conducted. All these productivity targets have to be ultimately linked to see that they are achieving the profit or other goals the organization desires.
One of the factors that can greatly affect productivity is job satisfaction, and good management needs to give this the appropriate amount of credence and thus weld their workforce into a unit that constantly exceeds productivity targets set.