Posts Tagged ‘business productivity’

The Link Between Employee Engagement and Profit Margins

Monday, July 16th, 2012

Recently, Towers Watson released a comprehensive study on employee engagement. The study surveyed 32,000 workers, 1,000 of whom were Canadian. The results of the study are eye-opening, to say the least.

The most startling figure from the study finds that companies that scored high in employee engagement scored three times higher in profit margins. Did you read that correctly? Three times higher in profit margins! This figure can be explained by many of the other findings in the study, such as that 95 percent of highly engaged Canadian employees feel they have the necessary tools and resources to achieve exceptional work performance (compared to a mere 20 percent of disengaged Canadian employees), that 97 percent of highly engaged Canadian employees feel that they have the ability to sustain energy throughout the workday (compared to 32 percent of disengaged Canadian employees), and that 99 percent of highly engaged Canadian employees feel a sense of personal accomplishment through their work (compared to 33 percent of disengaged Canadian employees).

What this study suggests is that businesspeople should adjust their profit paradigms. Most businesspeople respond to downward shifts in the economy by making cuts, which generally requires fewer people to do more work for the same pay, leading to stress and frustration. But if this study’s findings offer any lessons, it’s that cuts likely lead to disengagement, which leads to lower corporate profits. If businesspeople instead focus on employee engagement, the cuts may not be necessary in the first place. Happy workers are productive workers, and productive workers make companies profitable, even in times of economic uncertainty. So, what are you waiting for? Focus on employee engagement and buy pants with bigger pockets to store the return on your efforts!

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Business Productivity with the iPad?

Monday, May 10th, 2010

The official Canadian launch of the Apple iPad is just around the corner. As with most of Apple’s products, a number of great entertainment-type apps will be available. But what about business productivity?

Well, the Apple iPad seems to be exceeding the expectations of even skeptical tech media. While it may not replace the laptop anytime soon, it appears to be more than capable of handling the majority of tasks as well as one.

So, if you’re thinking of leveraging the iPad as a mobile business platform, consider the following applications as part of your business arsenal:

(1) Webex
This Cisco app lets you attend meetings anytime and anywhere using your iPad. It’s free and you don’t need to have a Webex account to attend a meeting. If you want to host or schedule a meeting however, you will need a Webex account. The Webex app for the iPad uses the sizeable iPad screen to view documents, applications, or remote desktops. As an added bonus, It includes simultaneous two-way audio, so you can actually join in the conversation.

(2) Instapaper Pro
This is a universal app, that you pay for once and can work with it across the iPad, iPhone, and iPod Touch. Instapaper Pro allows you to cache Web pages to your iPad for future reference. If you are reading an article or blog post online, you can save it with Instapaper Pro and carry it along in your iPad to read later while you are commuting, or standing in line somewhere.

(3) Memeo Connect Reader
This app lets business professionals take their Google Docs with them on the iPad, even when the iPad is offline. Memeo Connect Reader can view a wide variety of file formats natively, including Microsoft Office formats. It syncs automatically with Google Docs to ensure you always have the most current data on your iPad.

(4) iWork for iPad
iWork apps parallel Microsoft Office tools. Pages does word processing like Word, Numbers works with spreadsheets like Excel, and Keynote does slide presentations like PowerPoint. With iWork for iPad, you can import files from iWork ’09, as well as from Microsoft Office. This allows business professionals who want to use an iPad for mobile business productivity the means to review, edit or present important files and documents while on the road.

While the iPad will likely prove to be a more than an adequate laptop replacement, IT administrators and business professionals will want to consider the platform’s security limitations.

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