How Inefficiencies Cost Companies 20-30% of Revenue

How can you help ensure the right work is being done within your organization—and in an optimal way? It’s a key question around Work Trends featured in our 2025 Global Human Capital Trends report, out now. Read our full report for an in-depth look at our two work-focused trends: ✅ Stability—Creating stability for workers for organizations to move at speed Ask yourself: Is providing a stable identity and purpose for my workers as essential as creating agility for my business? ✅ When work gets in the way of work—Reclaiming organizational capacity. Ask yourself: How do I unlock worker capacity and how should it be used?

Accurate monitoring has emerged as a crucial business necessity. From rising compliance demands to tighter margins and distributed teams, businesses that don’t track effectively are already falling behind. In our latest blog, we break down why precise field employee tracking is the key to productivity, accountability, and growth in 2025. 🚀 👉 Read the full guide here: [Link in the comments] #BusinessGrowth #WorkforceManagement #FieldOperations #EmployeeTracking #TeamTrace

"Take care of your employees, they shall take care of the business" Investing in employee well-being isn't just a moral duty; it's a strategic move for businesses. When companies prioritize their employees, the benefits are far-reaching: - Motivation and Engagement: Employees who feel valued are more motivated and engaged. - Reduced Turnover: Investing in employees leads to lower turnover rates. - Innovation and Creativity: Happy employees are more innovative and creative. - Customer Satisfaction: Satisfied employees result in improved customer satisfaction. - Brand Reputation: Caring for employees enhances the company's reputation. The core message is clear: A company's most valuable asset is its people. By focusing on their well-being and growth, businesses pave the way for resilience, success, and longevity.

The Hidden Cost of Inefficiency in the Workplace Did you know that employees spend an average of 3 hours each week searching for information they need to do their jobs? This seemingly small habit drains productivity and adds up to lost time—and lost revenue—for organizations. Streamlining workflows and centralizing information access not only saves time but also empowers teams to focus on high-value work. What strategies has your organization adopted to reduce inefficiencies and boost productivity?

The silent employee experience revolution that's reshaping small business success. While most business owners focus on customer experience, a fundamental shift is happening in the workforce. The new reality: Employee experience isn't just HR policy. It's becoming the primary driver of business performance. The data revolution: Companies tracking employee engagement as closely as financial metrics are outperforming traditional businesses by 40%. But here's the innovative part: The most successful SMEs aren't building better employee programs. They're building better employee ecosystems through strategic partnerships. The partnership employee experience model: Instead of competing for talent, businesses are collaborating to create shared value for workers: Joint training programs across partner companies. Cross-company project opportunities. Shared professional development resources. Inter-business mentorship networks. Collaborative workspace arrangements. Why this works: Employees get diverse experience without job-hopping. Businesses access broader talent pools without full-time commitments. Partners share development costs while building stronger relationships. The strategic insight: Businesses that can offer employees growth through partnerships will attract talent that businesses offering only internal advancement cannot. What partnership could enhance your team's professional development while reducing your individual investment? #jointventure #strategicalliance #partnership #marketingstrategy #collaboration

The Power of Simple Solutions in Complex Workplaces Many teams struggle with inefficiencies that stem from overly complicated processes. In fact, studies show that 70% of employees feel their time is wasted on redundant tasks. Streamlining workflows not only saves time but also boosts overall productivity and morale. A well-designed system allows employees to focus on what truly matters and drive impactful results 🚀. What’s one process you’ve simplified recently, and how did it impact your team’s performance?

🎯 The Hidden Cost of Inefficiency in the Workplace Did you know that employees waste an average of over two hours per day due to unclear processes or outdated tools? This not only drains productivity but also impacts team morale and business outcomes. The good news? Streamlining workflows and investing in the right technologies can transform how your team operates, leading to better efficiency and measurable results. What strategies have you implemented to help your teams work smarter, not harder?

Real estate is one of your most strategic assets. When optimized, it can create meaningful impact across your organization by: ✅ Boosting operational efficiency ✅ Enhancing employee experience ✅ Driving long-term growth Dive deeper on these six practical steps to transform your portfolio into a tool that delivers measurable business outcomes and adapts to future challenges. https://co.jll/4nO7xAC

Making decisions for your business can be a heavy responsibility. Luckily, teams like ours at Tandem are here to help carry the weight. There are hundreds of organizations, programs, tools, and resources for those exploring business succession and/or Employee Ownership paths. Here are 3 resources for you to take a look at if you’ve been curious about what Direct Employee Ownership can do for you and your business. Resources: https://lnkd.in/evDDZdnE https://lnkd.in/gYVUn2Zc https://lnkd.in/eApZFrk8