Encourage improved efficiency to improve productivity
Published: 03 March, 2017
Gosport-based Lean business specialists, Fedden USP, says it has recently commissioned a report entitled Productive Nation? which looks at how leading organisations define productivity – a key area of focus for many businesses in 2017.
Global engineering and strategic, technical and environmental consultancy, Ricardo plc, which has a Technical Centre in Shoreham, West Sussex, made a valuable contribution to the report. Chief executive, Dave Shemmans (pictured), firmly believes that employees should be rewarded for what they do to improve efficiency as this is key to improving productivity.
Shemmans says: “Encouraging ideas for improving productivity is as valuable as any customer service programmes and this is fundamental to any business to ensure sustainability. With today’s price pressures, productivity gains are the way to remain competitive. ”
Continually achieving cost reduction is a real challenge for an already efficient business, so a company needs to find new things to sell that it can charge more for and improve productivity, according to Shemmans. IT can deliver some efficiencies in terms of maximising time as work can be passed across departments or from one country to another to achieve 24 hour working when it is required. And with technology continually changing, processes can be improved indefinitely.
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Gosport-based Lean business specialists, Fedden USP, has recently
commissioned a report entitled Productive Nation? which looks at how leading
organisations define productivity – a key area of focus for many businesses in
2017.
Global engineering and strategic, technical and environmental
consultancy, Ricardo plc, which has a Technical Centre in Shoreham, West
Sussex, made a valuable contribution to the report. Chief Executive, Dave
Shemmans, firmly believes that employees should be rewarded for what they do to
improve efficiency as this is key to improving productivity.
Shemmans says: “Encouraging ideas for improving productivity is as
valuable as any customer service programmes and this is fundamental to any
business to ensure sustainability. With today’s price pressures, productivity
gains are the way to remain competitive. ”
Continually achieving cost reduction is a real challenge for an already
efficient business, so a company needs to find new things to
sell that it can charge more for and improve productivity, according to
Shemmans. IT can deliver some efficiencies in terms of maximising time as work
can be passed across departments or from one country to another to achieve 24 hour
working when it is required. And with technology continually changing,
processes can be improved indefinitely.
BOGE COMPRESSORS reports it has beaten off stiff competition to win this year's Diamond Star 'Best Industrial Business Solution 4.0’ Award. Demonstrating its strong commitment to the digital transformation of industry and the concepts of Industry 4.0, BOGE says it has scooped a major industrial award at this year's Diamond Star Excellence in Business Awards - Best Industrial Business Solution 4.0 category.
SOFTSOLS GROUP says forward-thinking companies are continually analysing their business efficiency and that is why it has introduced the Agility Health Check, providing clients with expert advice and tangible feedback so they can make intelligent decisions and improve the way their business operates.
