It is essential is to understand that some organizations have found success in encouraging and creating a high-stress, high-demand, and highly competitive workplace. While they may see short-term gains, they most likely end up paying more in the long run. Studies have shown that employee burn-out and turnover can be extremely costly to an organization. According to The American Institute of Stress, 60% to 80% of workplace accidents are attributed to stress, and an estimated 80% of doctor visits are due to stress. (Stress.org) Take a moment to let that sink in.
Alternatively, organizations that offer employee rewards, training opportunities, and other positive encouragements within the company, are not only happier and healthier individuals but also more loyal to the company. This loyalty and investment within their organization will then lead to better performance and growth of the company. When an employee is engaged and invested in its company, we refer to this as Employee Engagement. While Employee Engagement is a part of having a productive company, many cogs turn an organization into a well-oiled machine.
So then what is Organizational Effectiveness? One way of looking at Organizational Effectiveness is how well a company can meet its goals. To do this, a company must have a clear mission for the success of the company and its employees. They also must have a way to measure their performance. We just discussed how employee engagement could be helpful to an organization’s effectiveness, but it is also vital for a company to have measurements in place for evaluating their employees and precisely how to gauge their engagement. Organizational Effectiveness is making sure your employees are in the correct roles, how effectively team members communicate, and ways to measure and monitor successes and failures. Here are six steps to encourage Organizational Effectiveness.
The 6 Steps of Organizational Effectiveness:
Developing leadership within the company is a critical step in organizational effectiveness. Leaders create and carry out the vision of the company as well as inspire others to create lasting growth.
Communication is a requirement for a company’s success. Leaders can only be effective if the can communicate their message correctly. Every organization needs an effective way to exchange information to meet their goals.
It is vital for a company to build an environment where the individuals and the teams they work in are accountable for the tasks they commit to achieve. Whether using a reward system or a review system based on performance, Accountability can determine how effectively employees perform their functions. Which then helps the organizations effectiveness.
The next step in the organizational effectiveness process is the delivery of products and services. Developing and also implementing methods to deliver products and services will encourage success. Markets and consumers are always changing; this means your delivery systems should be shifting as well to accommodate the latest advances in information and technology. Concise and straightforward delivery processes ensure customer engagement and delivery to the right customers.
A company’s most valuable asset is its people. That is why is it important to select, retain, and develop the correct people for the right job to better support productivity and growth within the organization. Developing and rewarding the right employees’ skills, talents and knowledge can increase performance within those employees’ roles which then benefit the effectiveness of the organization.
An organization can only show its effectiveness if it can measure it. A standard set of metrics is the final step in achieving organizational effectiveness. A company can accomplish this by developing a system of parameters, reviews, and courses to measure and analyze projects, behaviors, productivity, processes, and results.
Are you looking to improve your company’s effectiveness?
At CoreAxis, we offer companies custom solutions to help your Organizational Effectiveness to set you on the road to increased performance, productivity, and growth. Our industry knowledge of constantly changing technology and regulations allow our expert team to create solutions that adapt your company’s mission to an ever-changing industry. Request a FREE demo!