Home » BUSINESS PSYCHOLOGY

BUSINESS PSYCHOLOGY

Reasons To Stop Multitasking

Reasons To Stop Multitasking

Multitasking has been heralded as a skill in today’s fast-paced, technology-driven world. The ability to juggle multiple tasks at one time was seen as a valuable asset in many workplaces, and being a multitasker was hailed as a valuable skill.  However, growing evidence suggests multitasking may not be as effective as we think. In fact, it may even be harming our productivity and well-being. Why Multitasking is not appropiate way? Multitasking has several adverse effects. Let us look at some of the ones highlighted by William D King of ABA. Reduces Productivity It may not seem like it, but according to William D King, people who multitasked while working on cognitively demanding tasks saw their productivity drop instead of going up. This is because when you try to do two things at once, your brain has to switch between the two tasks rapidly. This switching process uses up valuable resources and can lead to mistakes. Increases Stress Levels Multitasking can also be stressful. A study by the University of Sussex found that people who regularly multitask had higher levels of the stress hormone cortisol. This can lead to anxiety, sleep problems, and other health issues. Multitasking can result in lower productivity and decreased accuracy. Additionally, multitasking can lead to information overload, which can cause forgetfulness and difficulty concentrating. Decreases Focus When you try to do… Read More »Reasons To Stop Multitasking

Ways To Measure Business Productivity

Ways To Measure Business Productivity

Productivity measures how efficiently resources are being used to generate output. In business, productivity is often measured by comparing a company’s work to the number of inputs used to produce that output. Productivity Measuring Methods According to William D King of ABA, there are many different ways to measure productivity, and your method will depend on what factors you are trying to evaluate. Some common methods of measuring productivity include: Output Per Hour This is a simple measure of how much output (in terms of units produced) a company generates in an hour, divided by the number of workers employed. This measure can compare the productivity of different companies or departments within the same company. Output Per Worker This measure of productivity looks at the total output of a company or department divided by the number of workers employed. This is useful if you want to compare the productivity of different-sized teams. Output Per Machine If a company uses machines as well as workers to produce output, this measure will give you an indication of how productive each machine is. To calculate this, simply divide the total output by the number of machines used. Value-Added Per Worker Value-added is a measure of how much economic value a company or worker adds through their activities. To calculate the value-added per worker, simply divide the total value… Read More »Ways To Measure Business Productivity

Techniques For Staying Motivated In Business

Nobody said that running a business was easy. In fact, it can be quite difficult at times. There will always be ups and downs, but staying motivated as much as possible is essential. After all, if you’re not motivated, your business will suffer. That said, William D King of ABA believes that no one is perfect, and you cannot expect a human being to stay at a peak level of motivation for their business. Let us look at what you can do when motivation starts to go south. Motivation Re-kindlers Recall Your Why Why are you in business? What is your purpose? When you first started your business, you had a mission and a vision in mind. Remembering your “why” can help you push through when feeling down or unmotivated. When you recall and connect with your original purpose, you will reignite your passion and motivation. The stronger your mission and vision or “Why” is, the higher your motivation will be. Get a Mentor A mentor is someone who has “been there, done that.” They can help you navigate through the rough patches and offer advice when you need it most. A mentor will also help hold you accountable. When meeting with your mentor, William D King recommends that you have specific goals in mind that you want to achieve. This will help keep you… Read More »Techniques For Staying Motivated In Business

WILLIAM D KING EXPLAINS ABOUT BUSINESS PSYCHOLOGY

Psychology is a school of thought that is involved in every single aspect of life. For many, the domain refers to an individual’s mental health and nothing more. However, according to William D King, psychology includes so much more. One of the sub-fields of this school of thought is Business Psychology. It is safe to say that a business is not dependent on only money. Instead, it requires something much greater: the human mind. Businesses are set up through social interactions. These interactions need to be effective, efficient, and street smart – only then can one expect their startup to grow. The field of business psychology helps increase the welfare of the organization. What is Business Psychology? Business psychology is a branch of psychology that deals with improving business growth by dealing with the planning, executing, and assessing of various techniques. According to William D King, one of the main focuses of this field is to create better connections. After all, a business survives on connections. Be it connecting with people who provide the raw materials or communicating with clients. However, there is one specific group of people targeted in this field: employees. William D King States Business Psychology Helps With Employees Keeping employees happy is very important. The people working under an organization’s name can either make it or break it. So, it is… Read More »WILLIAM D KING EXPLAINS ABOUT BUSINESS PSYCHOLOGY