10 Massive Benefits of Performance Science in Business
In modern times many organisations, leaders and employees are looking for a competitive edge. This edge can bring improved profitability and longevity for a business but also a career, secure future and financial enhancements for individuals. But so often in highly competitive environments, leadership can not see how to pursue this competitive advantage or edge as we call it.
Many are comfortable competing in highly competitive markets or sectors because it is what has always been done. Short term strategies involve:
- Lowering costs
- Lowering prices
- Diversification
- Increase marketing efforts
and many others.
But considering these strategies will always lead you back to diminished returns or out of control management practices particularly in the field of diversification.
The answer is quite simple in modern markets and sectors and that is to not look initially for product or technological innovation but to find value innovation where we can offer more for less and open up lucrative sub sections of a market where profits will remain high and competition low.
Performance science in the workplace can be that value innovation. Simple and easy to implement in terms of costs and management effort. To understand neuroscience at a working level, performance psychology from the high performance sector and behavioural science from what we know about people's behaviours can shift your placing on the market map.
The power and accountability is in the hands of each employee or manager once they are taught the mental skills within their toolbox. They become self aware and self control and direct themselves to deliver exceptional performance, not once but every time.
Look at the 10 areas below and consider how a workforce that are developed in these skills could bring increased productivity, performance and profits to any business.
The 10 Massive Benefits of Performance Science in the Workplace.
- Exceptional Performance
- Health & Wellbeing
- Mental Strength
- Motivation & Engagement
- Leadership
- Self Management & Direction
- Decision Making
- Planning
- Creativity
- Learning
I ask anyone who is in leadership or management of people to consider an ability to have your people developed in these performance skills and to not see a tremendous return from initial investment.
Even research by the UK Government concluded that for every £1 spent on mental health in commerce and business generates a return of £9. I know that your products or services do not generate returns like that from your business and that is really only focusing upon the negative aspects of mental wellbeing and not the all round skills set.
Check out my Performance Courses
Geoff Greenwood FCCA MBA MSc
Performance Specialist at Neuro-Performance
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