Saturday, August 5, 2023

Maximize Company’s Performance – by Measuring Employee’s Work Efficiency

 

Maximize Company’s Performance – by Measuring Employee’s Work Efficiency

Measuring the employee’s work efficiency is essential to maximize the company’s performance. To do so meaningfully, the organization must compare each individual’s performance to a specific set of pertinent standards. Standards provide the necessary reference points that enable you to determine whether the observed data on employee performance is below, matches, or exceeds the standards. Without carefully crafted standards as the basis of your evaluation, it is impossible to realistically and objectively measure the employee’s work efficiency. So it boils down to this: the company’s competitive capacity depends on setting excellent, high, yet achievable standards of each employee.

Effectiveness is doing right things. Efficiency is doing things the right way with the minimum use of time and resources to get the job done properly. In order to do the right thing, you must know what it is. In order to do things the right way, you must first know what the right way is. These are the standards when the organization states them in quantitative, measureable terms.

To be fair to the employees, and to obtain the level of work performance from them that the organization desires, the organization will need to communicate its standards of effectiveness and efficiency to each employee. This should be done well in advance of the time observer measures how well they adhere to those standards.

“I always arrive late at the office, but I make up for it by leaving early.”                       Charles Lamb

No comments:

Post a Comment