Advertising
Advertising

12 Ways to Upgrade Your Weekly Review

12 Ways to Upgrade Your Weekly Review
class="bigphoto">
20080126-Calendar.png

    Fans of GTD will already be familiar with the weekly review. Weekly reviews are designed to give you uninterrupted thinking time each week. Instead of tackling the big questions of your life between coffee breaks and morning commutes, you can set aside time to do a review.

    Advertising

    Weekly reviews are a great concept and I’ve used them faithfully for the past few years. But I’ve found just setting aside time to review isn’t enough. Without any structure for your review, these weekly sessions don’t accomplish much. Random musings of the week aren’t as useful as specific ideas for tackling the next seven days.

    Advertising

    What Are Your Mental Bottlenecks?

    Advertising

    A bottleneck is a term used to refer to the limiting step in a process. If you have enough fabric to make 200 shirts, but only enough buttons to make 20, the button sewing is your bottleneck. Mental bottlenecks occur when a lack of ideas or planning keep you from doing your best. Overspending because you didn’t plan out a budget or wasting work time because you didn’t organize your week are both examples of mental bottlenecks.

    Advertising

    Weekly reviews can help you overcome mental bottlenecks. With a structured review you can prevent wasting time and energy in the week ahead.

    Weekly Review Tips

    Here are some ways you can upgrade your review to overcome mental bottlenecks:

    1. Time Off Review. Carve out when your downtime will be during the week. By deciding when your time off will be first, you prevent work from expanding to fill your entire week. Don’t let your energy levels get down so low that you can only function on caffeine and adrenaline. Try to pick a day where you won’t work on major projects, and move your work to morning hours instead of in the evening.
    2. Weekly To-Do. Write a list of all the tasks you want to accomplish in the next week. A weekly to-do allows you to squeeze in activities that don’t scream with urgency, but have long-term importance. Weekly to-dos also help set the pacing for your week so you can see how much work you need to split up for each day.
    3. Goal Review. Go through any written goals you have and write out what you did to work on them in the past week. Spending time to carefully review your goals each week can help you stay aligned.
    4. Optimization Review. When you use a traditional goal setting + to-do list approach, every activity becomes either a multi-month project or a short task. Weekly optimizations help you find the middle ground. Brainstorm a list of short projects that would take less than a week, but could have long-term significance. Then pick one of these short projects to work on next week.
    5. Expenses Review. Tally up all of your expenses for the past week and compare this to your monthly budget. Keeping track of your spending on a weekly basis can make for easier purchasing decisions later. If you know you’re going over the amount you wanted to spend, you’ll know to cut back on non-essentials in the following week.
    6. Habit Review. I have several habits that I do my best to run each week. Exercising, waking up early, staying organized and batching my internet usage are just a few. Reviewing these habits can help you pinpoint possible trouble spots before they start. If you’ve missed a few days from the gym, you can make a point of going next week so your habit stays conditioned. Habit reviews can also help in deciding what new habits you might like to change in the future.
    7. Learning Review. What books did you read this week? Doing a quick review of the major ideas you’ve picked up in the last week can help in two ways. First, it can help you anchor in that knowledge. Second, it can help you see how much you are learning. If you read little in the last week, you can set aside more time to read in the following week.
    8. Social Review. What social activities will you be doing in the upcoming week? A lot of social events are spontaneous, but knowing when you want to visit with friends or family can make organizing your work easier. If you know about an event ahead of time, it can help schedule your work to avoid conflicts later.
    9. Entertainment Review. Beyond just work, what fun and interesting things would you like to do next week. Boredom is usually a lack of planning. By picking out potentially interesting activities for the next week, you already have a list of things to do when you get some free time.
    10. Dietary Review. Track everything you eat for a week. Measuring everything is a lot of work to do all the time. But occasionally doing a weekly dietary review can help you see exactly what you’re eating. It’s easy to delude yourself that you are “mostly healthy”, until you track the numbers and see a lot of junk.
    11. Character Review. What did you do last week that went outside your comfort zone? If you keep drawing blanks to that question week after week, you’re stagnating. Decide to do something that will make you uncomfortable next week.
    12. Productivity Review. What system of lists, calendars and schedulers are you using? Going over your productivity system can help you find holes where information is slipping out. A regular review can also point out places where you are keeping lists and folders that go unused. Reviewing your system keeps your life simple and stress-free.

    More by this author

    Scott H Young

    Scott is obsessed with personal development. For the last ten years, he's been experimenting to find out how to learn and think better.

    How to Motivate Yourself: 13 Simple Ways to Try Now 7 Simple Rules to Live by to Get in Shape in Two Weeks The Power of Ritual: Conquer Procrastination, Time Wasters and Laziness Top 4 Misapplications of the 80/20 Rule 15 Tips to Restart the Exercise Habit (and How to Keep It)

    Trending in Productivity

    1 We Do What We Know Is Bad for Us, Why? 2 13 Bad Habits You Need to Quit Right Away 3 How to Reprogram Your Brain Like a Computer And Hack Your Habits 4 14 Ideas on How to Measure Productivity to Make Progress 5 11 Things You Can Do to Increase Employee Productivity

    Read Next

    Advertising
    Advertising
    Advertising

    Last Updated on January 6, 2021

    14 Ideas on How to Measure Productivity to Make Progress

    14 Ideas on How to Measure Productivity to Make Progress

    Everyone has heard the term productivity, and people talk about it in terms of how high it is and how to improve it. But fewer know how to measure productivity, or even what exactly we are talking about when using the term “productivity.”

    In its simplest form, the productivity formula looks like this: Output ÷ Input = Productivity.

    For example, you have two salespeople each making 10 calls to customers per week. The first one averages 2 sales per week and the second one averages 3 sales per week. By plugging in the numbers we get the following productivity levels for each sales person.

    For salesperson one, the output is 2 sales and the input is 10 sales: 2 ÷ 10 = .2 or 20% productivity. For salesperson two, the output is 3 sales and the input is 10 sales: 3 ÷ 10 = .3 or 30% productivity.

    Knowing how to measure and interpret productivity is an invaluable asset for any manager or business owner in today’s world. As an example, in the above scenario, salesperson #1 is clearly not doing as well as salesperson #2.

    Knowing this information we can now better determine what course of action to take with salesperson #1.

    Some possible outcomes might be to require more in-house training for that salesperson, or to have them accompany the more productive salesperson to learn a better technique. It might be that salesperson #1 just isn’t suited for sales and would do a better job in a different position.

    How to Measure Productivity With Management Techniques

    Knowing how to measure productivity allows you to fine tune your business by minimizing costs and maximizing profits:

    1. Identify Long and Short-Term Goals

    Having a good understanding of what you (or your company’s) goals are is key to measuring productivity.

    For example, if your company’s goal is to maximize market share, you’ll want to measure your team’s productivity by their ability to acquire new customers, not necessarily on actual sales made.

    2. Break Down Goals Into Smaller Weekly Objectives

    Your long-term goal might be to get 1,000 new customers in a year. That’s going to be 20 new customers per week. If you have 5 people on your team, then each one needs to bring in 4 new customers per week.

    Now that you’ve broken it down, you can track each person’s productivity week-by-week just by plugging in the numbers:

    Advertising

    Productivity = number of new customers ÷ number of sales calls made

    3. Create a System

    Have you ever noticed that whenever you walk into a McDonald’s, the French fry machine is always to your left? 

    This is because McDonald’s created a system. They have determined that the most efficient way to set up a kitchen is to always have the French fry machine on the left when you walk in.

    You can do the same thing and just adapt it to your business.

    Let’s say that you know that your most productive salespeople are making the most sales between the hours of 3 and 7 pm. If the other salespeople are working from 9 am to 4 pm, you can potentially increase productivity through something as simple as adjusting the workday.

    Knowing how to measure productivity allows you to set up, monitor, and fine tune systems to maximize output.

    4. Evaluate, Evaluate, Evaluate!

    We’ve already touched on using these productivity numbers to evaluate and monitor your employees, but don’t forget to evaluate yourself using these same measurements.

    If you have set up a system to track and measure employees’ performance, but you’re still not meeting goals, it may be time to look at your management style. After all, your management is a big part of the input side of our equation.

    Are you more of a carrot or a stick type of manager? Maybe you can try being more of the opposite type to see if that changes productivity. Are you managing your employees as a group? Perhaps taking a more one-on-one approach would be a better way to utilize each individual’s strengths and weaknesses.

    Just remember that you and your management style contribute directly to your employees’ productivity.

    5. Use a Ratings Scale

    Having clear and concise objectives for individual employees is a crucial part of any attempt to increase workplace productivity. Once you have set the goals or objectives, it’s important that your employees are given regular feedback regarding their progress.

    Using a ratings scale is a good way to provide a standardized visual representation of progress. Using a scale of 1-5 or 1-10 is a good way to give clear and concise feedback on an individual basis.

    Advertising

    It’s also a good way to track long-term progress and growth in areas that need improvement.

    6. Hire “Mystery Shoppers”

    This is especially helpful in retail operations where customer service is critical. A mystery shopper can give feedback based on what a typical customer is likely to experience.

    You can hire your own shopper, or there are firms that will provide them for you. No matter which route you choose, it’s important that the mystery shoppers have a standardized checklist for their evaluation.

    You can request evaluations for your employees friendliness, how long it took to greet the shopper, employees’ knowledge of the products or services, and just about anything else that’s important to a retail operation.

    7. Offer Feedback Forms

    Using a feedback form is a great way to get direct input from existing customers. There are just a couple of things to keep in mind when using feedback forms.

    First, keep the form short, 2-3 questions max with a space for any additional comments. Asking people to fill out a long form with lots of questions will significantly reduce the amount of information you receive.

    Secondly, be aware that customers are much more likely to submit feedback forms when they are unhappy or have a complaint than when they are satisfied.

    You can offset this tendency by asking everyone to take the survey at the end of their interaction. This will increase compliance and give you a broader range of customer experiences, which will help as you’re learning how to measure productivity.

    8. Track Cost Effectiveness

    This is a great metric to have, especially if your employees have some discretion over their budgets. You can track how much each person spends and how they spend it against their productivity.

    Again, this one is easy to plug into the equation: Productivity = amount of money brought in ÷ amount of money spent.

    Having this information is very useful in forecasting expenses and estimating budgets.

    9. Use Self-Evaluations

    Asking your staff to do self evaluations can be a win-win for everyone. Studies have shown that when employees feel that they are involved and their input is taken seriously, morale improves. And as we all know, high employee morale translates into higher productivity.

    Advertising

    Using self-evaluations is also a good way to make sure that the employees and employers goals are in alignment.

    10. Monitor Time Management

    This is the number one killer of productivity in the workplace. Time spent browsing the internet, playing games, checking email, and making personal calls all contribute to lower productivity[1].

    Time Management Tips to Improve Productivity

      The trick is to limit these activities without becoming overbearing and affecting morale. Studies have shown that most people will adhere to rules that they feel are fair and applied to everyone equally.

      While ideally, we may think that none of these activities should be done on company time, employees will almost certainly have a different opinion. From a productivity standpoint, it is best to have policies and rules that are seen as fair to both sides as you’re learning how to measure productivity.

      11. Analyze New Customer Acquisition

      We’ve all heard the phrase that “It’s more expensive to get a new customer than it is to keep an existing one.” And while that is very true, in order for your business to keep growing, you will need to continually add new customers.

      Knowing how to measure productivity via new customer acquisition will make sure that your marketing dollars are being spent in the most efficient way possible. This is another metric that’s easy to plug into the formula: Productivity = number of new customers ÷ amount of money spent to acquire those customers.

      For example, if you run any kind of advertising campaign, you can compare results and base your future spending accordingly.

      Let’s say that your total advertising budget is $3,000. You put $2,000 into television ads, $700 into radio ads, and $300 into print ads. When you track the results, you find that your television ad produced 50 new customers, your radio ad produced 15 new customers, and your print ad produced 9 new customers.

      Let’s plug those numbers into our equation. Television produced 50 new customers at a cost of $2,000 (50 ÷ 2000 = .025, or a productivity rate of 2.5%). The radio ads produced 15 new customers and cost $700 (15 ÷ 700 = .022, or a 2.2% productivity rate). Print ads brought in 9 new customers and cost $300 (9 ÷ 300 = .03, or a 3% return on productivity).

      From this analysis, it is clear that you would be getting the biggest bang for your advertising dollar using print ads.

      12. Utilize Peer Feedback

      This is especially useful when people who work in teams or groups. While self-assessments can be very useful, the average person is notoriously bad at assessing their own abilities.

      Advertising

      Just ask a room full of people how many consider themselves to be an above average driver and you’ll see 70% of the hands go up[2]! Now we clearly know that in reality about 25% of drivers are below average, 25% are above average, and 50% are average.

      Are all these people lying? No, they just don’t have an accurate assessment of their own abilities.

      It’s the same in the workplace. Using peer feedback will often provide a more accurate assessment of a person’s ability than a self-assessment would.

      13. Encourage Innovation and Don’t Penalize Failure

      When it comes to productivity, encouraging employee input and adopting their ideas can be a great way to boost productivity. Just make sure that any changes you adopt translate into higher productivity.

      Let’s say that someone comes to you requesting an entertainment budget so that they can take potential customers golfing or out to dinner. By utilizing simple productivity metrics, you can easily produce a cost benefit analysis and either expand the program to the rest of the sales team, or terminate it completely.

      Either way, you have gained valuable knowledge and boosted morale by including employees in the decision-making process.

      14. Use an External Evaluator

      Using an external evaluator is the pinnacle of objective evaluations. Firms that provide professional evaluations use highly trained personnel that even specialize in specific industries.

      They will design a complete analysis of your business’ productivity level. In their final report, they will offer suggestions and recommendations on how to improve productivity.

      While the benefits of a professional evaluation are many, their costs make them prohibitive for most businesses.

      Final Thoughts

      These are just a few of the things you can do when learning how to measure productivity. Some may work for your particular situation, and some may not.

      The most important thing to remember when deciding how to track productivity is to choose a method consistent with your goals. Once you’ve decided on that, it’s just a matter of continuously monitoring your progress, making minor adjustments, and analyzing the results of those adjustments.

      The business world is changing fast, and having the right tools to track and monitor your productivity can give you the edge over your competition.

      More Productivity Tips

      Featured photo credit: William Iven via unsplash.com

      Reference

      Read Next