How can companies enhance productivity and efficiency within the workplace? It’s a question we’re often asked and so we thought we’d put pen to paper, or finger to keyboard, and give you our thoughts.

We believe that one of the most impactful approaches is about leveraging technology to empower employees – something we all need to be constantly considering so we’re not left behind. By providing the right tools and technology, companies can witness a substantial surge in productivity and overall performance.

So how can technology support employee productivity. We think there are six key areas, and we have found the evidence to back up our thinking.

1. Streamlining communication and collaboration

With so many collective years of experience between us, we can confidently confirm that effective communication remains at the heart of any successful organisation. With the advent of digital platforms and communication tools, employees can collaborate seamlessly irrespective of their geographical locations. Video conferencing, instant messaging, and project management software have revolutionised (turbocharged by the pandemic) teamwork, enabling real-time discussions and document sharing. According to a study by McKinsey, companies with advanced communication technologies experienced a 20-25% increase in productivity1.

2. Automation and task efficiency

Repetitive and time-consuming tasks can hamper employee productivity. Automation tools and software can handle these mundane tasks, allowing employees to focus on more strategic and creative aspects of their work. Research by Deloitte indicates that businesses that invest in automation witness a significant reduction in operational costs and a boost in productivity by 15-20%2.

3. Remote work facilitation

The rise of remote work has been accelerated by technology, transforming the way we view the workplace. Cloud-based applications and virtual collaboration tools enable employees to work from the comfort of their homes. Research from Stanford University found that remote workers exhibit a 13% performance increase compared to their in-office counterparts, largely due to reduced distractions and personalised work environments facilitated by technology3. This isn’t to say that people working together in traditional office settings no longer works – finding a balance that works for your business is what’s necessary.

4. Personalised learning and skill development

Staying curious and always learning is vital in today’s rapidly evolving business landscape. Technology-driven e-learning platforms offer personalised learning experiences, allowing employees to acquire new skills at their own pace. A report by LinkedIn revealed that companies investing in employee learning and development programmes witnessed a 24% higher profit margin, emphasising the direct link between upskilling and productivity4.

5. Data-driven decision making

Data analytics tools provide valuable insights into employee behaviour, preferences, and performance metrics. By analysing this data, businesses can make informed decisions regarding resource allocation, task assignments, and workflow optimisation. According to a survey by PwC, 62% of high-performing companies attribute their success to data-driven decision-making processes, highlighting the pivotal role of technology in enhancing productivity5.

6. Enhancing employee well-being

Technological advancements extend beyond work tasks and into employee well-being. Wearable devices and wellness apps help employees monitor their physical and mental health, leading to increased overall well-being. Research from the University of California, Irvine, indicates that employees who use well-being apps report a 32% improvement in overall happiness and productivity6.

Providing employees with the right tools and technology is not just a modern convenience; it is a strategic imperative. The data and research clearly demonstrate that businesses embracing technology experience enhanced communication, streamlined processes, increased efficiency, and improved employee well-being. As we move forward, the symbiotic relationship between technology and productivity will continue to shape the future of work, creating a win-win situation for both businesses and their workforces. We will always endorse the power of human relationships, but there’s no denying that welcoming technology into the workplace is key. And the next step is learning to not only live with it but use it to enhance your business.

Give us a call today if you would like to explore a more productive future in your business.

By Paul Bibby | COO at Smart/tasking

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Footnotes

  1. McKinsey & Company. (2017). “The social economy: Unlocking value and productivity through social technologies.” Retrieved from https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/the-social-economy
  2. Deloitte. (2017). “The robots are ready. Are you?” Retrieved from https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/manufacturing/deloitte-uk-automation-ready.pdf
  3. Bloom, N., Liang, J., Roberts, J., & Ying, Z. J. (2013). “Does working from home work? Evidence from a Chinese experiment.” Quarterly Journal of Economics, 130(1), 165-218.
  4. LinkedIn Learning. (2019). “Workplace Learning Report.” Retrieved from https://learning.linkedin.com/resources/workplace-learning-report
  5. PwC. (2019). “Unlocking the power of data and analytics for better decisions.” Retrieved from https://www.pwc.com/us/en/services/consulting/library/data-and-analytics/data-driven-organization-survey.html
  6. University of California, Irvine. (2019). “Health and Well-being Benefits of Wearable Technology.” Retrieved from https://news.uci.edu/2019/02/20/health-and-well-being-benefits-of-wearable-technology/