When we speak about work, it is obvious that money will be involved. We have to pay for work that must be done, or we want to get paid for the work we have done.

When there is work to be done, we get a quotation first. We want to see not only how much it will cost but also the material being used and how much labor will be involved. But what we do not see on the quotation is the quality of work that will be done. References can be useful but are not always a good measure, as circumstances can differ from one job to another.

Many times, people apply for work of which they do not really have experience or the necessary skills. Some people do not work as neatly as others, causing many problems along the way. When you pay a lot of money for specific work, you want to see good workmanship and value for your money. In other words, the quality must be worth the money you pay.

Productivity

When ten workers work on a job but only five were necessary, you are working unproductively. You cannot afford workers to stand around doing nothing. As they say: “Time is money.” Productivity means using the minimum number of workers to produce the maximum amount of work. Each worker must know exactly what they must do and do it well and quickly.

Developing Quality Control

To develop quality control, first, we must set quality standards for the work. Decide which quality standards to focus on for each worker and each piece of work to be done. Create operational processes to ensure quality work is delivered and gather feedback on each process. Always review your results to keep things flowing.

Quality management involves overseeing all activities and tasks necessary to maintain a desired level of excellence. Always make improvements along the way and test the results. Understand how the organization views quality and how quality is vital to the organization's mission. Include quality in vision and values statements.

Productivity and Business Growth

For businesses, productivity growth is important because providing more goods and services to consumers translates to higher profits. As productivity increases, an organization can turn resources into revenues, paying stakeholders and retaining cash flows for future growth and expansion.

Education creates skilled workers, and experience adds to the value of such workers. Time is thus not only money but also skill, combining productivity with quality work. Lastly, manage your money well, as bad management can lead to the destruction of a whole business. We can do no business without money.