HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

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  ALL YOU NEED TO KNOW ABOUT DOLLAR AND MONEY MARKET MUTUAL FUND INVESTMENT After our recent seminar on investment, a lot of participants have contacted me to write on the subject for easy reference. Thus, today we'll be focusing on money market and dollar mutual fund investments. Money market investments are short-term, highly liquid assets that provide a safe place to park cash. Dollar mutual funds, on the other hand, invest in a variety of short-term debt securities issued by the U.S. government, corporations, and municipalities. WHYSHOULD YOU CONSIDER INVESTING YOUR FUNDS? Investing your funds can potentially offer several benefits. Firstly, it allows your money to grow over time through the power of compounding. By putting your money into various investment vehicles like stocks, bonds, or real estate, you have the opportunity to earn returns that exceed traditional savings account interest rates. Secondly, investing helps you hedge against inflation. Over time, the purch...

REASONS FOR LOW PRODUCTIVITY IN THE WORKPLACE | How to Resolve Low Productivity in the Workplace

 A Self-Manual for team productive management.

You can identify the reasons or causes at their cores and battle them head-on. The reasons for low productivity levels are, unfortunately, more often than not, internal problems that have raged over time.



The first professional way to address low levels of productivity at the workplace is to understand why and where the issue originated, to begin with, and rectify it to develop solutions based on your business needs.

The most common reasons or causes are: 

  1.   LACK OF EMPLOYEE TRAINING

The most common cause or reason for low productivity at the workplace can be traced back to employees’ lack of useful training.

When employees aren’t sufficiently trained, it will automatically impede time management and resources.

They will need supervisors to direct whether their tasks are being completed, you will need other employers to revamp and go over their work to check for blunders.

Unskillful workers will inevitably need additional time and aid than is necessary and bringing about a lowering in productivity swiftness.

Providing proper training to every worker is the key to eradicating this issue and increasing productivity at the workplace.

Nevertheless, if in some circumstances, a worker fails to meet the bars even after training, you may need to consider a transfer of departments where their competence will be relevant otherwise it is termination.

 2. INADEQUATE MANAGEMENT AND SUPERVISION

It is crucial to have effective/compelling managers and team leaders to provide workplace efficiency.

Low productivity at the workplace can result from managers who are lacking in leadership qualities and fail to inspire workers and keep them performing at peak standards.

Flawed management can be depicted by erratic, vulgar communication and micromanaging to such an extent that workers become sceptical of making even the smallest of decisions without approval and aren’t cited for a job well done leading to an increase in de-motivation.

As a managing team member, low employee productivity should give you the cues you need to evaluate your management.

You should speak to your workers about whether your managers are delegating them to perform at the standards required for success or de-motivating them.

Your manager might not be adequately trained, or they may need to understand how to better manage those workers that work under their supervision.

Either way, it is your responsibility as a corporate leader to identify concern spots in the management/employee relationship and seek to make corrections for increasing productivity.

 


3.      WEAK ORGANIZATIONAL STRUCTURE     

In some cases, a low-productivity worker is the prey of an organizational system that doesn’t maximize that person’s skills and talents.

You should facilitate employee participation and take into consideration their ideas.

Positioning up a top-down structure, in which you, as the firm leader, are the sole person answerable for developing ideas and approaches, which, then, are turned to your managers and supervisors, and then, ultimately your workers are told what to do, creates monotony and a sense of displeasure within your employees.

In that procedure, you may need to restructure your organization to a flat organizational structure, in which every employee is allowed to engage and participate in the shaping of new ideas and strategies, which is then, analyzed by everybody else before they are approved.

By making this change, you now empower your writers to take ownership of scope, and you motivate them to increase productivity.

 

4.      WORKPLACE PRESSURE

 

A huge contributor to low productivity is pressure.

A study by Health Advocate reveals that there are about one million employees who are suffering from low productivity due to pressure or stress. 

When workers are afflicted with job-related anxieties, it is hard to focus, and therefore, employees get preoccupied, resulting in non-completion of jobs, bare minimums, and a lack of indulgence in their assignments.

 


5.      UNHEALTHY WORKPLACE BEHAVIOR

If you want to boost productivity in your workplace, you need to start promoting good behaviour and extremely demoralising the bad.

Often, unhealthy behaviour in the workplace happens because there are some people trying to undermine and exploit the work environment.

This can be more often seen in larger companies, where some employees use underhanded procedures in order to advance their careers and ascend higher up the corporate ladder.

This sort of conduct will make the affected team members melancholy, which will force them to think about their position in the firm in the long term.

Unhealthy behaviour among staff may ultimately lead to pressure or stress in the workplace.   Lead to a lack of workflow, work ethic, and productivity. The resolution to every crisis starts by communicating it with the necessary people.

When you want to implement positive changes, you need to set up a continuous flow of knowledge sharing between you and your team/workers in the form of the so-called “feedback loops”.

These are some of the more substantial causes that become great reasons for low productivity in a workplace, specifically in the manufacturing industry, where I have a good experience as a Human Resources specialist with years of worthy experience.

  Learn more ways to increase your income here, including the fantastic read-aloud topics for business growth

Read Self-training Manual here: 7 WAYS READING CAN HELP YOU GET AHEAD IN YOUR CAREER

If this article is interesting or there is an area you want us to research and write on, kindly leave a comment beside it.


This article is written- by Kingsley Ehimare (Kingsmond), an HR generalist expert & Content Marketer at KCmond Consulting. In his spare time, he can be found reading capacity building publications or scrolling through News apps, thinking about how to make people actualize their potential. For any related queries, contact kcmondconsultans@gmail.com.


This intellectual property belongs to KCmond Consulting.  No part of it is expected to copy or publish without the sole permission of owners. 

 


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