Equipping Business Leaders for Success: Why Measuring Productivity Elevates Value Creation

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When the World Wide Web first launched in the early 90s, this technological breakthrough completely revolutionized the global business landscape. Companies slowly began exploring the benefits of technology, but many were uneducated on how to integrate and leverage these products correctly. The outsourcing of IT consultants enabled businesses to initiate digital transformation, keeping them agile in the ever-changing marketplace.

Today, outsourcing commonly involves cutting costs and maximizing profitability by hiring more affordable labor overseas. Although this practice has driven economic growth and empowered countries to dominate the global marketplace, it has its drawbacks. When overutilized, outsourcing results in disjointed teams that lack a shared vision of success, productivity, and quality. Without intervention, these misalignments can drastically reduce customer satisfaction and ultimately jeopardize a business' reputation.

To achieve greatness, success must be as quantifiable as it is defined. Businesses must identify their productivity baseline to set and meet goals long-term. Cultivating an effective system for measuring, monitoring, and reflecting on value creation is key to mastering high performance. However, accessing this untapped reserve of human capital requires a holistic, scalable approach. Recent studies have highlighted that the underlying idea of productivity must change before businesses can move the needle toward their objectives. Presenteeism and productivity are often conflated due to a focus on managing output rather than measuring it. At the peak of the pandemic, businesses recognized how critical it was to have better metrics for understanding employee productivity. This era of uncertainty pushed many companies to abandon one-size-fits-all strategies for custom solutions that addressed historic shortcomings.

RE Partners, a business technology consulting firm offering high-touch white-glove services, is helping companies optimize value creation through proprietary frameworks. Productivity as a Service, RE Partners' new offering, equips businesses with agile, talented teams that have aligned systems and culture toward productivity. This cutting-edge approach fosters sustainable growth and innovation in companies willing to embrace an out-of-the-box solution.

RE Partners offers an attractive service portfolio through Productivity as a Service. Depending on their needs, clients can receive integration and optimization support for artificial intelligence, cloud computing, CX and digital commerce, and foundational engineering.

As business has become tech-enabled and globally connected, the idea of productivity has morphed into something dangerous. Companies want higher revenues and returns but they're not building the right foundation for success. For employees and organizations to prosper, key terms like productivity and success must be defined. After each role has a clear definition of what their employer expects of them, businesses must implement systems for tracking these metrics. By cultivating a data-driven ecosystem toward value creation, companies can unlock greater outcomes.

Alex Gikher, Chief Revenue Officer and co-founder advocates for companies to shift their focus from external factors like people, costs, and KPIs to their internal practices. RE Partners helps clients look inward and recognize where they may be falling short.

"As companies are now faced with a complete disruption of industries, consumer trends, and business operations, they must leverage a new model that disrupts traditional consulting approaches," Alex says. "Instead of developing custom, high-cost solutions that a client can never sustain independently, RE Partners gets to the root of productivity and value creation. We forge systems and cultures that give companies the power to become champions."

Productivity as a Service is initiated in two phases. After an initial assessment and discovery of what productivity means to the client, RE Partners develops personalized journeys tailored to business goals. The company ensures that the utmost value is offered to a client by onboarding their consultants with the same frameworks and measurement tools that a company is using to define productivity. Without synergy, RE Partners strongly believes that clients diminish their ability to develop sustainable productivity practices.

Sometimes, clients are uncomfortable with RE Partners' creative approach. Co-founder and CEO Valerie Kogan notes that the company's main goal isn't to discourage current practices. It's focused on understanding a client's journey and fostering mutual growth and success. "RE Partners' Productivity as a Service framework is designed to keep all client stakeholders and our consultants accountable for maintaining an aligned objective," Valerie says. "Our holistic approach is key for companies to stay ahead of emerging trends and build businesses of the future."

If you're interested in exploring fresh solutions to historic business challenges, contact RE Partners for more information.

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