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Posted December 17, 2014 by

Improving Productivity through Employee Recognition

Laura O. Tolentino

Laura O. Tolentino

Success in the business world is measured by turning a profit: Your business is at its best when you demonstrate that income outweighs expenses on your balance sheet. When the fiscal year ends, you take a closer look at those numbers and attempt to figure out where improvements can be made to increase overall efficiency. Whether you streamline the logistics process, eliminate non-performing sectors or re-allocate resources, improving the smooth functioning of your company is the goal.

However, many project managers miss out on a critical opportunity when it comes to increased efficiencies. Instead of looking at personnel and its impact on productivity, they take aim at other company assets and processes. The truth is that employees are among the most valuable components of a business, and they need to be nurtured and developed in order to reach their highest potential. Improving productivity through employee recognition is one effective way to show them their worth, so take the right approach when showcasing individual achievement. (more…)