5 ways to increase business efficiency

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5 ways to increase business

1 апреля 2013 г. в 17:47

By Fensom

Australians reportedly some of the longest hours in the world, yet businesses often out on efficiency gains.

The following are tips for business owners on more with less, cutting further into work-life balance.

1. Take of technology

Cloud computing is providing major benefits to through the use of smart data, to Reload Media#039;s Llew

Centralising your data and it into the cloud will help you to facilitate smart as a core tactic to fuel business#039;s growth, Jury the  Brisbane Times . For a locksmith might identify the valuable postcodes, customers and of day, allowing resources to be more effectively.

Businesses can also improve by having technology customised and updated, such as investing in an customer relationship management to automate time-consuming tasks. In review information technology processes to see what could be to save costs, such as accounting tasks, website or other non-core functions.

2. Top one or or out?

Fortune magazine#039;s Manager of the Century, Jack a famous philosophy on focusing Electric#039;s business units: one or two, or exit the industry. He reportedly fired the bottom 10 per of his managers every year, rewarding those in the top 20 per cent bonuses and stock options.

While debate continues his legacy, the famous US conglomerate revenues from US$27 to US$130 billion under his becoming at one stage the most company in the world.

By focusing on profitable areas of the business and non-core parts, it can be possible to efficiency and profits. German chain Aldi reportedly prices low by limiting its range to private label products, which it maintains strong

Professional organiser Brigitte co-author of  Paper Flow . that decluttering your business and life is key to reducing improving health and refocusing on tasks.

Mining giant BHP reportedly requires all staff to their desks at the end of each day, and Hinneberg agrees.

You a clear desk so you can focus on the job at and get home earlier. Reputation and — that#039;s two reasons to your office, she says on her

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According to Cyril Peupion, of  Work Smarter: Live . the average worker spends six a year looking for information already have.

4. Seek innovative ideas everywhere

When German car-maker Mercedes-Benz sought to a more efficient vehicle, it to the boxfish. The outcome of collaboration automotive researchers, biologists and scientists was the Mercedes-Benz Bionic, a car an extremely low drag coefficient to a December 2012  BRW  report.

ideas from the natural or elsewhere can be harnessed to drive in your business?

5. Keep of your finances

Are there of your business where have been left and efficiencies neglected? By benchmarking all and reviewing performance on at least a basis, business owners can on top of financial issues so the next is not the last one for your business.

You can#039;t manage what you measure, says business Josephine Thomson of Accelerated Get clear about the incomings and of all financial transactions. If your are not producing a return, minimise or them.


Taking advantage of efficiencies can save on business and time, while also profits. Have you taken out lately to consider how your might boost productivity?

This article represents the of the author only and not those of Express.

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