Productivity is at the heart of business success because it relates to the goods and services an organization brings to market. Since efficient productivity is what leads to sales and surpluses, the concept is directly related to bottom-line profitability.
As a result, effectively managing productivity distinguishes successful businesses from others that struggle to stay in the black.
Just as efficiency impacts productivity, an organization’s commitment to quality can also have an effect on productivity levels. In many ways, the concepts are complementary, working hand-in-hand to support organizational missions. Successful innovators understand these links between quality and productivity:
Commitment to Quality Fosters Organizational Unity
Keeping everyone on the same page is essential to maximizing productivity, so a company’s commitment to high-quality standards bumps productivity and efficiency. The most productive employees are those who can relate to the values and standards shared by their employers. Producing high-quality goods and services fosters unity among staffers, each eager to claim their supporting role in the company’s success. Unethical organizations, on the other hand, do not inspire employees to work at peak levels, nor do those producing goods and services of dubious quality.
Proud to Produce
Your organizational mission influences how employees perform on the job, so giving staffers something to be proud of helps stimulate increased productivity. Whether it is a charitable campaign, or simply the equitable structure of an organization; selfless acts induce loyalty and support from employees. High-quality standards influence employees in much the same way, prompting them to contribute with pride.
Quality Standards Spread throughout Organizations
Consistency is a powerful attribute in business, so successful organizations strive to carry quality standards across every department and interaction they oversee. High-quality production standards, for example, may also be reflected in the ways employees are treated, compensated and rewarded for innovation. Plainly; companies that treat their companies fairly and extend just benefits enjoy higher levels of productivity than those that don’t. And it is no coincidence that these successful organizations also put-forth high-quality goods and services.
Quality begets Business Success
One of the primary principles linking productivity and quality is the time-tested relationship between supply and demand. Quality producers find interested buyers, which leads to higher sales and calls for greater output. The self-perpetuating cycle of quality and production eventually leads to growth and improved standards and processes, so it is the unique synergy between quality and productivity that ensures expansion and long-term success.
Measure Correctly
Understanding the relationship between quality and productivity requires a means by which to measure success in these areas. Productivity, for example, is aptly evaluating using metrics like customer satisfaction, rather than simply counting the number of units produced or sold.
While productivity and efficiency are naturally linked, quality-level represents another important influence on your company’s success. In fact, high-quality standards permeate successful businesses at every level, supporting a culture of high productivity. As consumers embrace high-quality goods, demand increases and organizations respond with efficient processes. In the end, quality and productivity work together, supporting a self-sustaining strategy that fosters unity and pride among workers.
