HOW CAN I INCREASE EFFICIENCY OF A BUSINESS OPERATIONS AND KEEP CURRENT EMPLOYEES HAPPY.
Respect your employees. Use their ideas in your business plan. Pay them top wages and provide superior benefits.
Since this is not my area of expertise, I searched Google under the key words "job satisfaction factors" to get these possible sources:
http://www.salary.com/aboutus/layoutscripts/abtl_default.asp?tab=abt&cat=cat012&ser=ser041&part=Par496
http://findarticles.com/p/articles/mi_m3495/is_8_50/ai_n14933129
http://en.wikipedia.org/wiki/Job_satisfaction
http://www.buzzle.com/editorials/6-23-2004-55791.asp
http://www.thefabricator.com/ShopManagement/ShopManagement_Article.cfm?ID=304
In the future, you can find the information you desire more quickly, if you use appropriate key words to do your own search.
I hope this helps a little more. Thanks for asking.
Increasing efficiency of business operations and keeping current employees happy can be achieved through a combination of strategies. Here are some suggestions:
1. Improve Communication: Foster open and transparent communication channels within the organization. Encourage employees to share their ideas, feedback, and concerns. This can be done through regular team meetings, suggestion boxes, or anonymous surveys.
2. Set Clear Goals and Expectations: Clearly define the goals and expectations for each employee and department. This helps in aligning everyone towards a common objective and ensures that employees understand their roles and responsibilities.
3. Provide Training and Development Opportunities: Invest in continuous training and development programs to enhance the skills and knowledge of your employees. This not only improves their performance but also shows that you value their professional growth.
4. Delegate Responsibility: Empower employees by delegating tasks and giving them more autonomy. This not only allows them to showcase their skills but also fosters a sense of ownership and accountability.
5. Recognize and Reward Achievements: Implement a recognition and reward program to acknowledge and appreciate the efforts of employees. This can include monetary incentives, performance bonuses, or non-monetary rewards such as flexible work hours, extra time off, or public recognition.
6. Provide a Positive Work Environment: Create a positive and inclusive work culture by promoting teamwork, respect, and collaboration. Encourage work-life balance, maintain a clean and comfortable workspace, and provide necessary resources and tools to employees.
7. Offer Competitive Compensation and Benefits: Ensure that your employees are fairly compensated and receive competitive benefits. Periodically review and benchmark salaries to stay competitive in the market.
8. Foster Work-Life Balance: Encourage a healthy work-life balance by offering flexible work arrangements, such as remote working or flexible hours. This can help reduce stress and increase overall job satisfaction.
9. Regularly Seek Feedback: Conduct regular performance reviews and seek feedback from employees to understand their needs and concerns. This allows you to address any issues promptly and make necessary improvements.
10. Continuously Improve Processes: Regularly evaluate and streamline business processes to eliminate inefficiencies and bottlenecks. Encourage employees to suggest process improvements and implement their ideas when feasible.
Remember, every business is unique, and it's important to tailor these strategies to fit your specific organizational culture and employee needs. Regularly monitor the effectiveness of these initiatives and be open to adapting and evolving based on feedback and changing circumstances.