using productivity metrics

17
Using Productivity Metrics To Improve Employee Productivity Garland Coulson “Captain Time”

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Page 1: Using Productivity Metrics

Using Productivity Metrics

To Improve Employee Productivity

Garland Coulson “Captain Time”

Page 2: Using Productivity Metrics

What are Productivity Metrics?• Key Performance Indicators (KPIs) relating to Productivity

Page 3: Using Productivity Metrics

Why Are They Important?• Martin works late every night

• Susan goes home on time to be with her kids

• Who is more productive?

Page 4: Using Productivity Metrics

Time Spent ≠ Productivity• What if Susan gets nearly twice as many sales

or twice as many phone calls completed as Martin while working only half as many hours?

Page 5: Using Productivity Metrics

Garland’s Real Life Experience• My desk was always empty• My co-workers had files stacked on their desk• My supervisors assumed I had less work so

assigned me more• Even though I was #1 in sales!

Page 6: Using Productivity Metrics

What You Measure – Gets Focus• My big board of sales

Page 7: Using Productivity Metrics

Why Don’t More Offices Do This?• Most managers don’t really know what staff

do• No one has really worked out what the clear

outcomes should be• No one has designed the activities to

specifically achieve these outcomes

Page 8: Using Productivity Metrics

How to Set a Metric

Determine desired output

01Determine how to measure the results

02Determine how to measure the activities that should lead to the desired results

03

Page 9: Using Productivity Metrics

Sales Metrics1. $ volume in sales generated

2. Close rate

3. Activities leading to sales1. Calls2. Emails3. Networking groups

attended

Page 10: Using Productivity Metrics

Efficiency Metrics• # of tasks processed• Average time to complete tasks• Delivery on time

Page 11: Using Productivity Metrics

Customer Satisfaction• Feedback• Waiting times

Page 12: Using Productivity Metrics

Training Metrics• Training courses completed• Skills improvement• Knowledge and skills testing

Page 13: Using Productivity Metrics

Individual Employee Goals• Specific for each employee

• MUST be measurable and controllable

• MUST be communicated to the employee

• Focus on a few key ones rather than trivial ones

Page 14: Using Productivity Metrics

Beware of Circumstances that Skew Results• Changes in local economy might

affect sales

• Single large projects that affect tracking

• Be adaptable and look at other metrics as well

Page 15: Using Productivity Metrics

How To Track Productivity Metrics• Spreadsheets• Task management systems• Support ticket systems

Page 16: Using Productivity Metrics

Making Metrics Part of Your Culture• New hires

• Show how they will be measured

• Performance reviews• Tie rewards to metrics

Page 17: Using Productivity Metrics

More help at CaptainTime.com