Professional Documents
Culture Documents
your
company
experiencing
little
or
no
productivity
on
Fridays?
Let
us
make
your
work
somewhere
employees
want
to
be!
J
Golden
Ian
Hall
Marissa
Leal
Devin
McDaniel
Table
of
Contents
Introduction..........3
Executive
Summary...........................................................................3
How
to
make
employees
love
where
they
work...........................................4
Conclusion..........5
References...6
Introduction
As a manager at a large firm, you understand the challenges
faced by a lack of employee morale, and productivity. Studies
have shown that productivity decreases by 45% on Friday
afternoons from the hours of 2-5 pm.1 This can amount to
hundreds of thousands of dollars throughout the year in lost
revenues. While other strategies have been implemented in the
past, we believe that an improved solution is necessary to meet
the needs of todays workforce. The strategy provided outlines a
free, and useful way to solve the problems you are currently
facing.
Executive
Summary
Over the past two weeks, our sales levels on Friday afternoons
have been the lowest of any other four-hour period in the week.
This decline in sales is despite customer traffic being at average
levels during these hours. Our research indicates a decrease in
new customer sales during this time, which is a direct effect of
lowered employee morale, and productivity. Companies who
have implemented the Flexible Friday hours have seen as much
as a 30% increase in sales, as shown in Figure 1. Additionally,
90% of employees who have the ability to take advantage of
flexible work hours have the potential to want to move up within
the company to a position as high as CEO, as shown in Figure 2.
Based on surveys and research conducted, our proposal of
flexible Friday work hours will directly meet the needs of your
firm.
Increase %
Competitor 1
100,000
120,000
20%
C2
85,000
100,000
25%
C3
60,000
80,000
33%
Figure 1- Shows an industry analysis of companies who have put the flexible Friday
hours into effect, and the amount in which this implementation increased their sales.
Source: Federal Interagency Forum on Working-Related Statistics, Smarter
Americans 2014: Key Indicators of Productivity, Federal Interagency Forum on
Working-Related Statistics, Mar. 2014, Web, table 35A.2
Figure 2- The data shown above proves that flexible work hours affect the potential
of employees for the future within the company.
Source: Federal Interagency Forum on Working-Related Statistics, Smarter
Americans 2014: Key Indicators of Productivity, Federal Interagency Forum on
Working-Related Statistics, Mar. 2014, Web, table 35A.3
Conclusion
Implementing flexible Friday hours in the workplace effectively
solves your productivity issues while increasing employee
morale at no cost to your firm. Failure to adjust to the needs of
an evolving workplace could increase employee turnover, and
result in a competitive disadvantage for the firm. It is imperative
that you bring Flexible Fridays to your workplace before March
because the implementation of these new work hours would
help to ensure you meet your corporate earnings projection. We have the results you
need, and the strategy to get you there. Further information can be found at our website,
flexiblefridays.com. If you would like to further discuss the implementation of Flexible
Fridays within your company please contact our strategist, John Doe, at
johndoe@gmail.com or call at (123) 456-7890.
References
1
Johnson, S.A. (2013). The Strategy Behind Productivity. Google Scholar, 22. Retrieved
from http://research.google.com/pubs/papers.html.
Benson, B.B. (2012). Schedule Flexibility has its benefits. The New York Times, 2.
Retrieved from http://www.nytimes.com/2015/01/31/us/mitt-romney-2016presidential-election.html?hp&action=click&pgtype=Homepage&module=firstcolumn-region®ion=top-news&WT.nav=top-news&_r=0.