Connect with us

Business

Metrics to Measure Your Team’s Productivity

Just like one cannot use the same scale to weigh everything in the world, leaders shouldn’t use one metric to measure the productivity of teams that perform different tasks.

The metric that declares a marketing team successful cannot be used to evaluate the progress of a team that handles finance.

As a company, it is important to evaluate the performance of the team in order to judge whether the team is performing up to expectations or not.

It is only when the team effort is correctly evaluated that you can come to a conclusion whether the business development goals are being met and how the outcome can be further improved.

In no way does this article recommend discarding the old techniques of performance review such as one-on-one review or appraisals but merely suggests looking at employee performance in a different light.

Following are some metrics that you can track so that you can ensure that your team keeps up its productivity:

Planned-to-Done Ratios

There can be several reasons for projects not getting completed. It could be due to a change in your branding tactic or the fact that your company has redirected its focus and efforts to come up with a new product which they believe will serve their customers better.

The planned-to-done ratio measures the percentage of tasks that you had assigned to your team and how much of it was satisfactorily completed by them. Performing an analysis of the amount of work that your team gets done should give you valuable insights into the capacity of your team and also its potential.

If your team is consistently achieving only a small percentage of the tasks that you set down for them then it is possible that your planning process may not be as effective as you think it is or your team could be lacking the basic skills that are required to do the job.

Cycle Time

Instead of tackling a project as a whole and setting a faraway deadline for its completion, it can be broken down into bite-sized segments so that you can optimize the process that you use to measure productivity.

By employing this practice you can measure your team’s productivity in terms of ‘cycle time’. A short cycle time means you get more work done in less time than the one with longer cycle time.

When deadlines is a long time away there is little pressure on the team to work on the project efficiently. However, when you break down the project into small segments the time is divided into fragments too. As a result of the upcoming deadlines, your team is pushed to work productively.

Attendance

You shouldn’t treat this metric like the one that is used in schools with a roll call. When the size of the team is small, greater collaboration is needed amongst the team members and the presence of each team member makes a significant amount of difference to the overall fate of the project.

Even if team members are working remotely their level of commitment towards their work is quite evident from the way they work. You should pay attention to the number of meetings missed, how many sick days have been taken and how late an employee is usually to work.

Escaped Defects

It is a popular metric of performance in software development teams but can also be extended to teams from other domains. In software teams, it usually refers to the number of bugs that they missed in a particular product.

In other teams, these defects can be considered to be those mistakes which affect the customer. For instance, if you are a part of a marketing team, a defect could refer to a failed social media campaign or a customer’s complaint.

While such issues can be less frequent in teams which are not into developing software as there are certainly more bugs in a single code than there are glitches in a product.

Besides productivity, there are various other aspects of an employee that you can use to reduce their overall level of sensibility such as how well they take care of their health or how determined they are to write a Will today and secure their financial future.

Continue Reading

Recent Posts

Business5 days ago

The Invisible Hands: Unveiling How Food Distributors Influence the Quality of Our Foods

Ever found yourself wondering why the tomatoes in your salad taste particularly fresh or why your preferred brand of coffee...

Marketing5 days ago

Webflow CMS: A Comprehensive Guide

Webflow is a powerful tool that allows you to create and manage dynamic websites without needing to code. It’s a...

Business5 days ago

The Three Most Important Benefits You Should Offer To Your Employees

Offering your employees a range of benefits on top of regular salary increases will really help to show that you...

Business4 weeks ago

Business Tips For Protecting Your Finances During A Recession

In 2024, taking the necessary steps to protect your finances for your business is now more important than ever. The...

Green & Energy1 month ago

Air Conditioning Installation: What You Need to Know

When it comes to getting an air conditioning unit installed, can significantly improve your comfort and home environment, especially during...

Marketing1 month ago

Marketing Tips For A Gym Wear Brand

When starting a gym wear brand, there are a few things you need to do and one of them is...

General2 months ago

Social Media Marketing: What Are All The Types?

Social media marketing is a tool that is a must-have in today’s digital age. it’s very rare that businesses can...

Business2 months ago

How To Become A Property Developer

There are several reasons why an individual will want to become a property developer. One of the main reasons for...

Business2 months ago

Remote Delivery Innovations: Case Studies from Leading E-commerce Brands

People have gone through much change in the past few years when it comes to online shopping. Nowadays, when delivery...

Business3 months ago

Why are Brits turning to online-only banks?

For years, large, conventional banks held all the aces when it comes to citizens’ finances in the UK. HSBC, Lloyds...

5 Important Web Design Considerations to Make For Better SEO 5 Important Web Design Considerations to Make For Better SEO
Tech3 months ago

5 Important Web Design Considerations to Make For Better SEO

Ever since the birth of search engines, practices in optimising websites for better search rankings have changed considerably. Where it...

SEO4 months ago

The Importance of Local SEO for Small Businesses

There are many different types of businesses and all of them will require online marketing however, with a small business,...

General4 months ago

Understanding The Unsung Heroes: Cool Rooms And The Importance Of Regular Repairs

Everybody loves a breath of fresh air when entering a superstore! But have you ever wondered who’s working backstage to...

Home Improvement7 months ago

How To Add More Value To Your Home

If you have some spare cash in the bank, it is likely you would like to spend it on your...

Lifestyle7 months ago

What is a Deep Plane Facelift

Cosmetic surgery is a choice that needs a lot of research and when it comes to thinking about a facelift...

Categories

Archives

Trending