Being able to measure and increase productivity can be a challenge for those working with social impact businesses. Most companies are still in the stage of organizing the business or in previous pre-launch periods and are still invested by the entrepreneurs themselves. In this sense, making the company productive is essential for its survival.
For this reason, Kartikey Mishra shares productivity advice for those who work with social impact.
6 productivity advice to have a social impact
Advice # 1 Delegate functions
It is very important to divide the business functions and specific areas between the team. “It is very common to see organizations that are starting and are still small with people who end up doing the same things at the same time, due to the lack of this division of responsibility. The decisions need to be collective, but the tasks need to be very well defined and separated from the first moment ”, he presents as productivity councils.
Advice # 2 Engage employees
“We note some things that are related, such as whether or not they participate in social responsibility activities, such as volunteering or crowdfunding, and how the company encourages this type of initiative”, he points out.
Kartikey‘s productivity advice is to involve everyone in the company in projects of this nature. “Because it increases team spirit and retention of talent because employees are more proud of the companies they work for. The salary each time is the least important factor, but the company must be socially responsible and involved in various social campaigns ”, he says. Simple management approaches like asking employees what they would like to do, let them have ideas, encouraging them to participate, help the company to grow and generate more feedback.
Advice # 3 Do strategic planning
In order to produce social impact, it is necessary to have good planning. “This project needs to bring all the work to be developed, what strategies will be used and where do you want to go with this process. My productivity advice is to be very clear about the impact you are having and the problem you are solving. There are several management models that place up to three goals and from that, you can carry out the other activities ”, he analyzes.
Advice # 4 Focus on products and services
For an organization that is just beginning, I would not put this effort into measuring the impact of what they are doing. Among my productivity advice, I would focus on expanding the sale and making the company financially viable so that, later on, I try to measure and leverage the social impact.
Advice # 5 Look for partnerships
Generally, companies that work with social impact have limited resources. For this reason, Kartikey recommends closing partnerships. “Preferably someone who sees the potential of the project, because it will help to dilute the risks, in addition to getting mentors to give you advice on productivity, strategies and business actions”, he teaches.
Advice # 6 Watch the results
Measuring the impact can be tricky in this sector, but Kartikey gives advice on productivity to assess the changes that the company’s performance has brought to the area in which it operates. “You look at how it was before and how it was afterwards and you start to have a measure for the impact with scientific data. And to leverage your business you need to show those results. They are also important to be presented to partners and investors ”.
Navy Veteran Davis Chris Takes the Music Industry by storm
In life, you need to break down anything that might be holding you back and change course if need be...
5 Disruptive Leaders Paving the Way in 2021
Where there is uncertainty, lies a whirlwind of opportunity. 2020 was the year that had entrepreneurs learn a great deal...
Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President
We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...
John Mcafee – Predictions For The Future
John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...
Gaby Wall Street – Teaching Latinas to Thrive During The Crisis
It’s no secret we are facing one of the most challenging financial times of the last few decades as we...
Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico
Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...
Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women
The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....
How Josh Elizetxe Built Snow Into a $40 Million Dollar Business
There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...
How Jason Capital Became A Self Made Millionaire By 24
Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...
Sam Bakhtiar On His Way To A Quarter Billion
Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...
Executive Voice1 week ago
How Alex Kleyner is Helping Households Who Are Counting On Store2Door.com For Essential Supplies
Executive Voice2 weeks ago
Step Aside, White Claw: Meet Dezo, the New Health-Conscious Hard Seltzer Brand Taking Summer 2021 by Storm
Executive Voice6 days ago
ATS Wallet to Launch World’s First Digital Wallet IPO for Investors in 2022
Executive Voice2 weeks ago
How Matt Shields Built 4 Six Figure Marketing Agencies at Just 19
Executive Voice5 days ago
Top 10 Realtors To Watch Out For In 2021
Legal1 week ago
Former TV Star Josh Duggar Pleads ‘Not Guilty’ to Federal Child Pornography Charges; What Next?
Executive Voice2 weeks ago
Emmanuel Olowe trying to teach the youth financial literacy
News1 week ago
Robinhood Has “Become a Very Significant Part of the Casino Aspect,” Says Warren Buffet