Charlie Mullins takes a dive into the current productivity puzzle Britain is trying to solve, touching on training, wages and the new snowflake generation.
A bunch of lazy slackers we definitely are not, but if we are to achieve the levels of economic growth we desperately need in the UK, we are going to have to sort out our historically low productivity problem.
We reached out to a wide range of startup owners to find out how they handle productivity and motivate staff on a day-to-day basis.
In taking stock of the business climate today, serial entrepreneur Jan Cavelle believes to really drive profit growth companies must better look after employees and their wellbeing.
In terms of productivity, since every business is different, arguably there’s no one-size-fits-all answer.
Almost a third of UK workers believe their productivity has suffered as a result of work-related stress and 44 per cent claim their motivation has suffered, and one in four thinks stress has held them back in their career.
There are plenty of laborious admin tasks in business that are completely necessary to daily operations, but seem to get in the way of doing the things that inspire people to become entrepreneurs in the first place.
The national employment rate is climbing, with only 4.3 per cent of Brits without a job. However, this may not be a cause for celebration.
Recent statistics have shown that the British public are taking more holidays. They are, however, shorter in duration – the likes of the long weekend.
According to a psychology professor, the disadvantages of enforcing strict dress codes far outweigh any possible benefits.
If you keep your workers happy and healthy, they are likely to work harder. Managing productivity in this way makes good business sense.
In some ways, leadership is like travelling by aeroplane. Whilst turbulence is normal, it requires an experienced hand to avoid any major issues and confidently steer everybody to the intended destination.