A recent study from the University of Michigan shows that a happier workforce is more productive, therefore improving a company’s bottom line.
The workplace experience largely determines how enthusiastic and invested we feel in what we do. But some companies underestimate the power of a happy workforce and of the factors that can help make it more engaged and productive, including effective communication and reduced stress.
A lack of communication has a harmful effect on productivity because it leads to disengaged employees. According to another 142-country study, only 13% of people worldwide are engaged at work. In other words, they are disengaged, unmotivated, and uncommitted to doing their bit to help their organization reach its goals.
In addition, our Chaos Theory research reveals that half of project managers say they struggle with work-related stress as a result of taking on an increased number of projects and tasks outside of their main role. Under pressure to do more, they work outside of normal business hours, risking their wellbeing as well as that of the company.
In order to avoid this chaos, businesses need to rethink how they manage projects. Technology has the potential to make people more engaged and productive, enabling businesses to get back some of the wasted time by enhancing communications, streamlining processes and empowering people to work more efficiently.
By ensuring employees have access to new technologies – smartphones, tablets and cloud platforms – designed to make them more connected and productive, businesses can foster greater flexibility and transparency. With a more engaged and committed workforce, businesses can tackle chaotic ways of working head-on.
To learn more about how technology can help your business get rid of chaotic ways of working, download our latest whitepaper.
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