Even when everything seems like it’s going along swimmingly, there’s perhaps always room for the small business owner to increase productivity. After all, the ultimate aim is to realise some growth in your business and perhaps one day proudly refer to it as a business which has evolved into a medium-sized or big business. Granted, the production output your business generates is primarily dictated to by the demand in the market, but improving productivity isn’t always explicitly tied to yielding bigger productions. What increased or improved productivity can mean for your business is something like discovering a cheaper way of producing the same output for instance, or perhaps a faster way without adding anything to the overheads. Efficiency is the name of the game and it can come in the slightest of forms, such as maybe having some of your manual labourers being able to achieve their tasks with less effort, which can have some lasting impacts in the long run.
Analyse Every Step of the Production Process
The inherent ability to analyse every step of your business’ production process is perhaps what makes you a business owner in the first place, but as a natural part of the evolution and growth of a business, the founder and / or owner gets less and less involved in the inner-workings of the business and rather works on the business as the chief integrating figure. You may have even invented or created innovative ways of getting the final output off the production line, but as your business grows and you implement some technological advancements at each stage of the production process, the intricacies of those production processes evolve over time.
This is why it’s important to go back and analyse every step of the production process, even if it means doing it in the format of the popular television series, “Undercover Boss.” You don’t have to go undercover per se and pretend to be a new employee in training. What you should be aiming to do is just observe every single production-line step and see if you can implement even a small change which will shave some seconds off the overall time taken to complete the entire process or just perhaps make specific aspects of the job easier in any small way. A very simple example which plays out in a warehouse-type of working environment takes the form of workers employed as box packers or perhaps even delivery personnel. If a packer, porter, etc. has to lift a box each time and move it somewhere else, only to come right back and lift the next box, doing it in this way wastes a lot of time if you compare it to an alternative way of doing it in which you perhaps had them each make use of a hand truck.
This would be just one element of one division of the production process of business, but the amount of time saved breeds the type of efficiency which can be implemented throughout the entire business, and all it really takes is re-analysing each step of the production process.