Imagine if you could increase productivity in your organisation by 5 %, 10 %, 20 % or maybe even more. My work as optimisation consultant at IIH Nordic has made a very controversial 4-day workweek with record-high top- and bottom lines possible. Are you 100 % that you are working efficiently or can we increase productivity and reduce stress?
I do not recall having visited any company and thought “wow they’re efficient here. Impressive”. There always seem to be plenty of low-hanging fruits that can increase efficiency.
I can find many good reasons to why one would want to increase productivity as an individual or as an entire organisation. Efficiency free up time. Time that employees can spend with their families, friends or on their hobbies. The time can also be used to do even more work and create even more value for the company. Efficiency can also help decrease employees’ stress level, the number of sick-leave days and over time also increase the employee satisfaction and retention as well as the company’s brand and ability to attract talent.
At the digital consultancy, IIH Nordic, I worked with optimisation of processes, changing work habits and incorporating more technology to automate more tasks.
IIH Nordic has become a more efficient workplace after after a long list of both small and large changes, some wild ideas and a handful of mistakes and learnings. Is the company 100 % efficient today? No. But A LOT has changed for the better.
The management chose to reward the employees with a 4-day workweek for the optimisations we managed to implement. Thus, the employees have since February 2017 only worked 4 days a week (30 hours) on fulltime salaries.
The top and bottom line has set records, the stress level and amount of sick-leave has decreased dramatically and employee satisfaction has never been higher making it easier to retain but also attract new talent.
The project has caught the attention of the media all over the world, a book has been written about it and academics from Harvard university, among others, has started studying the results.
In reality, it is quite shame that people are so focused on the idea of a 4-day workweek. That idea is in my opinion first of all outdated and has never been the point of the project. The essence is found in believing in and daring to change work habit to free up more time. What you choose to do with that time is up to you but time is the most valuable asset so let’s work smarter.
In my presentations about the 4-day workweek, or more precisely, higher productivity at work, I present some of the key initiatives that has increased productivity by +20 % af IIH Nordic. There will be time for questions and also discussing the mistakes and unique learnings from the project.
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