It has been a common saying “Go big or go home”, especially among the business circles. Bigger has always been better, right?
Consider the case of PanAm. At its prime, PanAm was the largest airline, not just in the US, but in the entire world. Yet nothing could save it from bankruptcy in the late 20th century. With more than 22300 employees & numerous air routes spread out around the globe, mismanagement and unpreparedness led to its downfall.
Of course, Pan Am is just one of the examples where size couldn’t save these corporations from going into a rut. This just goes on to show how size doesn’t necessarily equate with productivity & efficiency. Productivity requires discipline, critical thinking, tracking & self-evaluation.
Quality always trumps quantity in this new era of business.
A well-managed team with appropriate tracking, consistency & accountability can do wonders for any business. There can be many parameters on which a company needs to be continuously tracked including timely project progress, expenditures, target vs achieved, work hours, and other KPIs. To solve this problem, we have come with a solution-xTimesheet.
xTimesheet is a mobile-based application that can help you track your expenses, project progress, approve employees’ work hours, invoice/report dashboard, and much more, all on a single platform. Appropriate monitoring of these indicators can help you scale your business to new heights, with no regard for how large your team is. Apart from these features, xTimesheet can help you create a community of up to 5 members, absolutely FREE!