Workforce

How do you increase workforce productivity during the current COVID-19 pandemic? Workforce/labor productivity is defined as "the ratio of a volume measure of output to a volume measure of input.” It is the amount of goods and services that a worker produces in a given period of time. A business may measure productivity by the number of units produced within an hour and the number of sales calls made within a day or the amount of dollars placed by new investors within a quarter.

The outsourcing culture is thriving in the current business environment, and even if you’re not outsourcing any projects or processes to external partners, you still might want to consider adopting a more flexible approach to employee management, and allow them to work from the comfort of their homes. After all, why should an employee have to commute to the office every day if they mostly do their work on the computer – it’s just a waste of precious time and resources, and it needlessly inflates your overhead costs. 

Many tech companies start on a small budget and grow rapidly. As you find yourself scaling up, you might be concerned about meeting the demand in the marketplace. However, there's a point where the work levels off, and you must consider the environment of your employees. After all, you want to keep those who've worked alongside you and cheered on your successes.

As a business leader trying to build a brand in this crazy, fast-paced world, much of your job will come down to engaging and motivating your employees. After all, if top talent is what you’re after and if employee retention is your goal, you need to be proactive and you need to incentivize and inspire them to stay at your side through thick and thin. 

​​​​New data released today found that 94 percent of IT decision makers face barriers to cloud success, with a majority citing a shortage of talent as a top challenge. The survey report from Wakefield Research and Logicworks, a leading cloud migration and managed services provider, highlights why cloud projects tend to slow down, and confirms that non-technical challenges are the most significant roadblock in cloud transformation efforts.

As the fast-paced world of science and technology drives toward tomorrow’s innovation, technology is expected to shape the way businesses function more than ever. Here are a few of the business trends that we expect to be impacted by technology in the coming year.