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How to Improve Productivity

How to Improve Productivity

How to Improve Productivity

It is important to improve your productivity, because your success depends upon it.

The more productive you are, the faster you will progress.

To improve your productivity, memorise and apply the following formula: Productivity = Value ÷ Volume.

Your productivity is a ratio of the value of your work, divided by the volume of your work.

Leadership and Management : How to Improve Productivity

We call this the Value:Volume ratio.

Ideally, you want high numbers on the top of the formula and low numbers on the bottom.

You would like to have high-value income with low volumes of activity.

That means you would create larger amounts of value, (value added to your customers, company, family and friends) in smaller amounts of your time.

In other words, you should strive to do only high-value work.

Don't do anything that is not a high-value piece of work or a high value use of your time.

Many people do the opposite. They spend a lot of time doing low value, non-productive work.

They waste their time on low-value activity and are therefore not as productive as they could be.

In the perfect world, you would be earning a high value income by using only low volumes of your time, money and effort.

Keep an eye on your Value: Volume ratios.

Work out the value of the work you are doing, (which is the amount of value you are adding to your customers). Then work out the volume of work you are doing, (which is the number of hours of time and effort you are expending to do the work). Then work out the ratio.

The value of my work = (Value added to my customers, company and myself).

The volume of my work = (Time-Effort invested).

That gives you a simple figure that you can put in your notebook and then strive to improve.

You would like to improve the value-added and decrease the volume of time-effort.

Apply the Productivity = Value ÷ Volume Formula to other areas.

In the realm of nutrition and diet, use the same formula. Think of food like this.

Nutritional value of the food consumed
--------------------------------------------------------
Volume of the food consumed

To be more productive, strive to eat small amounts of food that is of high nutritional value.

Many people do the exact opposite: They eat large volumes of food that is of low nutritional value: They have too much Pizza, chips, beer and doughnuts.

In the gym, you could do smaller amounts of high quality intense training.

Or you could spend hours wasting your time on the easy exercises that won't do anything to improve your figure.

You are much better off training intensely, for a shorter period of time, than spending hours doing exercises with light, easy loads.

Again the formula is: Smaller amounts of high-value training, as opposed to larger amounts of low quality, low value training.

In almost every field of your activity, please remember the basic formula.

Productivity = Value ÷ Volume.

See if you can think up some more examples, like these:

  • It is better to spend a smaller amount of time working on difficult, but high value tasks, than it is spending lots of time working on low value, easy tasks.
  • It is better to wear small amounts of high-value jewellery, rather than wear lots of cheap jewellery.
  • It is better to have a smaller number of quality clothes, than lots of crummy clothes.
  • It is better to have one terrific idea than it is to have many terrible ideas.

Improve your productivity in every realm by applying the same formula to as many things as you can.

Leadership and Management : How to Improve Productivity

Summary

Calculate your various Value: Volume ratios.

Aim to increase your value-added and decrease the volume of time and effort expended.

Increase your capacity to add value to customers and try to decrease the volume of time-effort it takes to do it.

Productivity Training Course Productivity Training Course Logo

Productivity Training Course

Your future success depends on your productivity. It is important to realise that, nobody is paid for the amount of work they do. Rather, you are paid for your productivity. Sadly, some people often have 'busy but NON-productive days'. Productivity training is about increasing your efficiency rating, so that you add more value to your organisation.

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