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Technology Opens the Door to Dramatic Productivity Gains

February 26, 2013

by Dave Moorman

The productivity gains companies achieve through technology are undeniable. Historians and economists confirm them constantly on a broad scale; many experts even attribute the sluggish hiring recovery to technology. The increased efficiency and productivity workers achieve with technology continues to reduce the number of employees companies need to perform core functions.

For SMBs, the challenge isn’t recognizing that technology increases productivity. Rather, it’s figuring out how best to start that process in their operation, especially when budgets are tight. For example, big enterprises are touting the productivity gains of giving their field workers iPads, but how many SMBs can shell out thousands of dollars to purchase 10 of the devices at one time?

The trick, then, is to find inexpensive ways to accelerate productivity, and then use the economic benefits of those improvements to pay for more technology tools. One way to do this is to ask your staff to submit ideas. Hold a contest and give away gift certificates to a local restaurant to the staff with the best submissions.

A few ideas that are inexpensive to implement include:

Never before has technology been such a powerful enabler of productivity gains for companies of all sizes. In future articles, I’ll detail some of the more significant (but still manageable) technology changes you can implement to drive your company forward through the power of productivity.