Snapshot Survey Results | Most Companies Struggle Increasing Productivity
In the February 2023 Snapshot Survey, we asked contractors about their approach to working remotely and the impact it has had on their company. Here’s one survey question and its results from the “Maximizing Performance & Productivity” summary report, which is available in it’s entirety by Contractor University members here.
Does Your Company Struggle With Increasing Performance and Productivity?
Companies that fail to improve their performance and productivity can face a wide range of challenges, including reduced profitability, decreased customer satisfaction, and increased employee turnover. In our recent survey, 76% of contractors reported that they do struggle with this issue, indicating a need for practical solutions. To address these challenges, business owners should consider investing in employee training and development, prioritize customer service, and establish clear goals and objectives for their companies. Implementing these practical recommendations can help contracting business owners overcome challenges and achieve their performance and productivity goals, ultimately resulting in long-term success and growth.
Here’s what an HVAC contractor from Indiana said in the survey:
“Last year, we started sharing department goals and the results in our monthly full company team meetings as well reviewing individual goals monthly. We had considerable growth and credit this to being part of the reason why. We are currently working on implementing the weekly scorecards for our managers.”
