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How to Reduce Your Company’s Wasted Time

August 12, 2020

If you run a drilling business, you know that every minute counts towards boosting your company’s profits. When you’re unhappy with your production rates, follow these tips to increase you and your employees’ productivity.

Use the Best Technology Available

It’s tempting to buy the cheapest tools you can find. While you save money in the short term with this method, you end up losing money due to frequent repairs and inefficient designs. The next time you need to replace a machine, look into the most advanced drill string design services. Your investments in newer models will quickly pay for themselves.

Track Your Time

If you’ve ever turned on the screentime tracking function on your smartphone, you know how quickly time passes when you’re not paying attention. Throughout the day, you have countless distractions, including text messages, conversations with your employees, and the lure of social media. Every time you start to do something that isn’t your job, start your phone’s stopwatch. At the end of the day, add up all the time, including estimates for situations when it’s not appropriate to pull out your phone. You’ll be shocked by how much time you spend on tasks that are nonessential, and this realization will motivate you to use your time more wisely.

Turn off Your Phone

Sometimes it’s not enough to recognize that you’re wasting time; you need to eliminate the things that distract you. Institute a company-wide policy forbidding phones except during breaks and emergency situations. When you and your employees can’t reach for your phones to check Instagram or text your friends, you’ll pay more attention to your jobs and complete them quickly.

Increasing your company’s productivity is not the most fun job, but it is important. If you take the lead in implementing these changes, your employees will follow you.