The way that you use data and execute with it will be the difference between running an average company and a good company. When you can develop mastery over this approach, while also creating self-motivated employees, you turn the corner into becoming a great company.
So how do you go about setting this foundation and springboarding toward peak performance?
Consider these strategies and your company will be well on its way toward greatness.
Tip #1: Use Data and Analytics For Everything
If you don't measure it, don't depend on yourself to fix it -- period.
You're most likely leaving money and opportunity on the table simply by not analyzing your mistakes. When you set metrics and use employee analytics, you will be better able to tackle each goal.
Most companies make the mistake of only using analytics when they have some huge initiative. Rather than saving analytics for the big goals, use it on a daily basis so that you can monitor those incremental changes in production and progress.
Goals aside, you can keep track of productivity with more clarity when you have employee time clock systems and other software platforms that will keep your organized. Your company will operate leaner and with more productivity on a regular basis.
Tip #2: Update and Add to Training
You'll get more out of your company when you have employees that are soundly trained. The problem with most companies is that there is no true rhyme or reason to employee training, or not enough of it.
Rather than taking a one size fits all approach to training, treat it like coaching for an athlete. No matter what happened in the last game, players get personal attention to continuously refine their technique and work on their weaknesses. Going about training in this way helps you to instantly correct mistakes and will put you in a position to thrive.
Tip #3: Find Your Employees' Motivation and Help The Achieve Fulfillment
Finally, keep company morale high by motivating your team both individually and as a collective.
Develop a rotation of motivation videos and audiobooks and keep them playing in your office on a regular basis. Maintain individual relationships with each employee so the two of you can work toward helping them achieve their goals, while also getting the best productivity from them.
Keeping this level of enthusiasm will be a driving force in your company.
Master these tips and you'll continuously get peak performance out of your team.