The Counter-Intuitive Way to Increase Your Franchise’s Productivity
Here’s a great article from Entrepreneur.com to pass along to your franchisees.
If you’re looking to increase productivity you’re going to have to take a step back from what you’ve learned as the “American Way” – living and breathing work, putting all other aspects of your life on the back burner, putting in 50-70 hour work weeks, etc. Working to exhaustion has been a long-standing American value, but does it really help us to reach our goals?
How Successful People Work Less and Get More Done paints a much different (and promising!) picture. Hotwire.com and CEO of Zillow for the last seven years, 39-year-old Spencer Rascoff is interviewed, citing his work life balance principles and how they directly contribute to his success.
A new Stanford study is also highlighted, finding that “Productivity per hour declines sharply when the workweek exceeds 50 hours, and productivity drops off so much after 55 hours that there’s no point in working any more. That’s right, people who work as much as 70 hours (or more) per week actually get the same amount done as people who work 55 hours.”
As a franchise business owner, there are certainly times when the work hours per week are going to peak, but the business case has been made for implementing a work life balance regime and unplugging for your own sanity and the betterment of your franchise.
How do you implement work life balance and make sure your other priorities get the attention they deserve? Comment and let me know!
More Soon…
Katrina
Franchise Speakers
Glad you are helping business owners understand the difference between activity and productivity. You may be active over 50 hours but not productive. As a business owner I am working toward increasing my productivity along with my teams. We are learning to stay focused by taking breaks more often and eliminating distractions. It’s amazing the progress we are making. The key is to appreciate and celebrate even the smallest bit of progress.