“Our human capital stock is ready to go back to work.” – Kevin Hassett

In May 2020, White House advisor Kevin Hassett drew public ire by referring to the American workforce as “human capital stock.” US Representative Alexandria Ocasio-Cortez asserted the term was not only outdated but inherently racist.

This raised a very important question for employers: How do you measure the output of your employees without treating them like cattle?

In addition to questions about the potential for dehumanizing employees, contemporary theorists question whether or not human capital theory – a product of the mid-20th century manufacturing economy – still has a place in our 21st-century knowledge economy.

In a knowledge economy, an employee’s output is intellectual rather than physical. Human capital theory originated during what is considered a manufacturing economy. As a result, it’s optimized for measuring physical output.

At a clothespin factory, a worker’s productivity is judged by how many pins they produce a day. There’s an established length of time it should take to make a faultless pin. That pin is an example of physical output. At the end of the day, you can count that worker’s pins and have a fairly good idea of their productivity.

A knowledge worker, however, doesn’t produce physical output; a knowledge worker produces intellectual output. I’ll go into this in more detail further on, but – in terms of human capital theory – the question is: how do you know how many “pins” a knowledge worker makes per day?

Obviously, knowledge workers are still given a wage, generally factored according to their value to the company (experience, education, etc.); in other words, using the principles of human capital theory.

But is this an accurate reflection of that employee’s worth? Are knowledge workers being undervalued because their productivity isn’t linked to the number of hours they work? Should intellectual and physical output still be measured on the same scale? Can they be weighed by the same scale?

More to the point, if human capital theory has outlived its usefulness, what language should we be using to describe an employee’s value? Is it fair to consider employees part of a company’s assets?

In this Process Street post, I aim to investigate these questions and explore ways in which the 21st-century employer can assess employees in terms of company value without objectifying the individual contributions.

• “Our people are our greatest asset.”
• The problem of a knowledge-based economy
• 6 factors to improve knowledge worker productivity

Let’s delve deeper.
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I hate email.

Who really likes answering emails? You get into work, switch everything on, and right off the bat there’s an inbox full of company memos, check-ins from your line manager, updates from colleagues, reminders for meeting after meeting after meeting…

It’s not a great way to start the day, amiright?

Well – and I am totally going to gloat about this – that’s just not how we roll at Process Street. If you’ve hung around us for five minutes, you’re probably aware that we are Slack superfans here on the Street. All of our company communication happens through Slack, and it’s been life-changing.

I’m not just saying this to stir up envy, though. Being such Slack aficionados, we’ve figured out how to use Slack features to increase productivity, improve collaboration, and just plain make our day-to-day easier.

I’ve broken them down into three easy sections, so no matter your level, you can jump straight to the tips you need – and hey, no one’s gonna judge if you want a little refresher!

• How to use Slack 101: Back to basics
• Taking it to the next level: Slack tips for the already initiated
• Expert tips for the Slack-savvy

Ready to dive in?
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This is a guest post by Hazel Bennett, a freelance writer and blogger. She has a degree in communications and lives in Northeastern Ohio. Hazel loves writing about numerous topics and showcasing her expertise with words. Follow Hazel on Twitter.

Those with anxiety know what a struggle it can be to get through each workday. Stress, nervousness, and negative thoughts can wear a person down. As the effects of anxiety begin to take over, workers can lose the focus and motivation necessary to get the job done, leading to productivity and morale problems.

The combination of a high-stress work environment and mental health challenges can result in less-than-satisfactory work performances and unhappy employees. If you’re looking for solutions to keep your company working smoothly and your staff healthy and well, this Process Street post has you covered.

Read on for information about anxiety and how to overcome it with the help of productivity-enhancing technology:

• What causes workplace anxiety?
• Coping with chronic anxiety at work
• How to use tech as a de-stress
• Productivity hacks for workplace anxiety
• Mental health matters

Let’s take a look!
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Having everything you need in one single place just makes life easier, doesn’t it?

That’s why Process Street is launching the Slack App.

According to research, the average employee switches between 35 job-critical applications more than 1,100 times every day.

Turn your Slack Workspace into a super-tool for recurring work with our new Slack App. You can receive Process Street notifications, work on tasks, approve or reject decisions or documents, and complete checklists, without ever having to leave Slack 🤯!

Open fewer tabs, work from one place, and add more time back into your day with Process Street’s Slack App.

Sounds good, right?

That’s because it is. But, don’t take our word for it, read this post to get a quick overview of:

• What the new Slack App is, how it works, and what it does
• How you will benefit from the Slack App
• How to get the new Slack App

Ready to make your life easier?
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This is a guest post by Katerina Mery, a marketing specialist at Fond. Fond is a rewards and recognition company dedicated to building places where employees love to work. Mery authors articles about how to leverage recognition programs to drive company success.

Think back to the last time a colleague acknowledged you for a job well done.

How did you feel?

Did the experience have an impact on your behavior moving forward? Did the exchange affect your relationship with the person thanking you? What about your relationship with the company in general?

63% of employees who are acknowledged for the work they do are unlikely to look for a new job. Expressing gratitude at work takes relatively little effort, but it can create an incredibly memorable professional experience. Knowing that you did a good job is one thing, having a colleague call out your great work takes the experience to another level.

Business objectives can sometimes feel at odds with an enjoyable employee experience. Employee acknowledgment, however, is a practice that effortlessly supports both.

From this Process Street article, you’ll learn how employee acknowledgment simultaneously caters to your organization’s business objectives. You’ll also learn how to meet the emotional needs of your employees using fantastic positive feedback loops that generate continual improvements across the board.

We say employee acknowledgment is a smart initiative a company can adopt – but before you take our word for it, allow us to explain why.

Click on the relevant subheader below to jump to your section of choice, alternatively scroll down to read all we have to say.

• What is employee acknowledgment?
• Employee acknowledgment and its effects on workplace psychology
• How employee acknowledgment benefits employee wellbeing
• The organizational benefits of employee acknowledgment
• Use Process Street for your employee acknowledgment strategy

Let’s jump to it!
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Nouman provides ghostwriting and copywriting services. His educational background in the technical field and business studies helps him in tackling topics ranging from career and business productivity to web development and digital marketing. He occasionally writes articles for carpet cleaning.

Working from home has become the new normal. However, it can be difficult to ensure productivity when you work at home.

Although the concept of a traditional office is no more, we all require a dedicated workspace to get things done.

If you are having trouble staying productive while working from home, then chances are that you need to set up a home workspace that inspires productivity. Not many people realize just how important it is to have a dedicated workspace.

According to data, workspace design plays a huge role in our productivity levels.

The question is: How can you design your workspace in such a way that boosts creativity, connection, and productivity? Fortunately, this Process Street blog post is here to help. There is no need to worry as this guide will provide you with all the information you need to feel motivated to work.

When you decide to work remotely, you need to understand that it comes with a fair share of complications. The main of which involves setting up your home workspace to ensure maximum productivity. Fortunately for you, this article is here to help you get started.

• Getting started with your home workspace
• Setting up a home workspace: Top tips from a small business owner
• Setting up a home workspace: Top tips from an SEO team lead
• Setting up a home workspace: Top tips from a graphic designer
• Key takeaway: Set up the perfect home workspace to boost productivity

Let’s jump right in!
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This is a guest post by Laura Garber. Laura, also known as the Career Coaching Expert, works with CraftResumes and helps individuals with their resume writing.

What’s the hallmark of a successful business?

Well, from a consumer standpoint, it’s exceptional customer service. Understandably, customers have always aligned themselves with brands that value customer service.

A big part of a company’s success, therefore, can be attributed to its employees. Companies that invest in employee development and train their employees to deliver first-class customer service are likely to:

• Gain a competitive advantage;
• Attract and retain the best talent in the industry;
• Realize a 24% increase in their profit margins.

Obviously, training and developing your employees gives them the necessary tools to do their jobs, but there’s a lot more to it than that.

This Process Street post will explain it all, by answering the following questions:

• What is employee development & why do it?
• What’s the difference between employee development & employee training?
• What are the main challenges of employee development & training?
• How do I implement a successful employee development program?
• Why is employee development a long-term investment for success?

Ready to start training and developing your employees?
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There’s no better moment than the ‘lightbulb moment’.

The one where you finally figure out a solution to a tricky problem, or just come up with an ahead of the curve plan, scheme, or proposal. The euphoria is intense enough to make you get out there and shout about it from the rooftops. Or, do a song and dance on the street, à la Dick van Dyke in Mary Poppins.

OK, perhaps the latter is a little hyperbolic. But the point remains that coming up with a great idea is a wonderful feeling.

The only problem is that, at some point in the relative future, more ideas need to be thought of. And for those working in creative fields such as advertising, design, and software engineering, ingenious ideas need to be generated on a regular basis. We’re talking daily, here.

So how can you and the rest of your team continually think of stellar ideas?

Through ideation.

That’s why, in this Process Street post, I’m going to spell out what ideation is, the benefits of ideation, 7 different ideation techniques to use, and what to do before undergoing ideation for the first time.

Read the following sections to get completely clued-up:

• The definition of ideation
• The team and business benefits of ideation
• The 7 best ideation techniques to use
• Undergoing your team’s first ideation session

Let’s not make this a song and a dance.

It’s time to get straight into it! 💡
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Dave Nevogt is the CEO and co-founder of Hubstaff Have you ever been enjoying a productive streak when — out of nowhere — a meeting invite interrupts your day? He leads a 100% remote team that builds time tracking and productivity tools, including the Agile project management software, Hubstaff Tasks.

Have you ever been enjoying a productive streak when — out of nowhere — a meeting invite interrupts your day?

Or, has someone ever requested a meeting with you, and after some investigation, you realize that this could have been answered in an email?

Let’s face it, meetings are often met with disdain, and for good reason: many are unnecessary.

You can tell by how often meetings are studied, and how much time goes into rethinking them. It turns out that:

• 73% of people multitask while in meetings. Clearly, most meetings are not worth our full attention.
• Detailed agendas can decrease the amount of meeting time up to 80%. Yet only 37% percent of companies use them.

It’s time to make a change. And that change is to clear your schedule as much as possible. Fortunately, this Process Street blog post is here to guide you in making these changes.

• The benefits of holding productive meetings
• The 7 secrets to productive meetings
• Avoid overload and focus solely on productive meetings
• How can Process Street help you run productive meetings

Let’s dive in! 🚀 Continue Reading

This is a guest post by Donald Fomby. Donald is a freelance content writer who works for ClassyEssay. He has spent more than seven years in the copywriting and blogging industries, writing articles, guides, and checklists for small eCommerce businesses. Donald uses his curiosity about online business to write about topics valuable to small business owners.

The product manager’s role is a juggling act.

To fulfill the needs of expectant customers, the product manager needs to work with the sales, marketing, and engineering teams — alongside the rest of the product team — to facilitate necessary changes and improve the product(s) in question.

But that juggling act has gotten even harder as of late.

With the COVID-19 pandemic, many product research and management processes that were done collaboratively and in-person have now pivoted online. Needless to say, this change had made it more difficult for product managers to succeed in their role and complete projects in the way they’re used to.

This transition may have caused workloads to build up, task lists to overflow, sprints to stagger, and thus, impacting the rest of the product team.

But it’s not all doom and gloom. The truth of the matter is that you can successfully manage any product research or development project remotely with optimal organization.

It’s the key to bettering collaboration with your remote team, and ensuring you and the rest of your product management team are keeping on the right track. If you strategically organize your work, you will also be able to instill and maintain successful collaboration with the people you’re working with, despite the many miles that keep you apart.

Seeing as 86% of executives say that a lack of collaboration is the most common reason for failure in their companies, it’s something that you need to get to grips with, particularly as a product manager.

By reading through this Process Street guest post, you’ll do exactly that. To boot, I’ll also provide some extra tools to help you thrive as a product manager! Just make your way through these sections:

• The 4 must-follow tips & tricks to excel as a product manager
• Product management tools to thrive in 2020 and beyond

Let’s get started.

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