June 30, 2013
“Obviously, the highest type of efficiency is that which can utilize existing material to the best advantage” – Pandit Jawaharlal Nehru
India’s first Prime Minister had it right! Efficiency can be defined as the process of maximizing performance using existing resources. Efficiency is one of the best competitive differentiators and should be the cornerstone of any business, and especially a small business or a start-up.
During the nascent years of an organization, the business loses more money than it makes, simply because businesses have to start from ground zero and spend resources to build a client base and referral list BEFORE they can start reaping rewards. Hence, it becomes paramount to maximize efficiency during those first few years AT LEAST, although efficiency should remain a consistent goal throughout in order to remain on top
In fact, we recommend that the concept of efficiency should be steeped in a company’s culture. Everyone – from the owner of a business to the lowest ranked staff member – should imbibe this quality into their daily operations to ensure a highly effective and profitable organization.
The best way to increase efficiency would be to utilize your most important asset – your employees – in a way that negates redundancy, improves morale and builds a cohesive team that works as smoothly as a well-oiled machine. Click on the following link to learn seven implementable techniques to improve business efficiency: http://www.thejanitorialstore.com/public/7_Ways_Increase_Efficiency_Cleaning_Business.cfm
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