enaible, a leading provider of AI-powered productivity solutions, announced the results of a survey that gauged executive viewpoints on workforce productivity in light of the economic and remote working impact of COVID-19. The survey and a full research brief titled, “COVID-19 Sounded the Productivity Wake-up Call,” highlight how corporate leaders are aggressively targeting employee productivity as a means to improve margins and profitability. However, despite saying they have a large focus on productivity, most executives admit they do not have the visibility needed to accurately and confidently measure productivity.
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83% of execs believe workforce productivity is key to improving margins, yet most lack a means to measure It, according to @enaibleinc research
The survey polled 206 corporate executives across a wide range of industries, including 74% who hold c-level roles. In addition, 24 of the respondents are the CEO at an organization with more than 100,00 employees. Among the key findings:
- 83% of respondents are relying on productivity to improve margin and profitability
- 83% believe that worker productivity will be critical in their companies’ ability to recover from the economic impact of COVID-19
- 50% are not confident about the visibility they have into worker productivity at their company
- 5% use a standard, quantitative score to measure productivity across their company – and most either rely on instinct (32%) or don’t measure at all (19%)
“COVID-19 sounded the productivity wake up call, which was desperately needed. During this difficult time every company should make productivity their priority because the work from home environment that many companies have been thrust into is completely uncharted territory. It needs urgent attention, not only to improve margins but job growth. Maximum prosperity can exist only as the result of maximum productivity,” said Dr. Tommy Weir, CEO and founder of enaible. “Remote work created a challenge that companies were not ready for. But the even bigger challenge that magnifies this new reality is that leaders lack visibility and a reliable way to measure productivity. This raises a lot of questions – how are so many executives relying so heavily on something they can’t see or measure?”
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