Title: How the Specialization of Labor Can Lead to Increased Productivity | Small Business - Chron.com
Headings: How the Specialization of Labor Can Lead to Increased Productivity
How the Specialization of Labor Can Lead to Increased Productivity
Workers Master One Task
Specialization Makes Best Use of Worker Skills
It Saves Time
References

Content: When workers are efficient, they are also productive, so one of the major benefits of specialization is that it frees your employees to focus on doing one thing and doing that thing well. Specialization Makes Best Use of Worker Skills
If you own a business that makes custom bicycles, you’d be hard-pressed to hire one employee who can design bicycles and assemble every component of the bicycles from start to finish. However, if you hire one person to design the bicycles and another person to assemble the bicycles, you specialize the labor and maximize the workers’ skills. That, in turn, leads to better productivity because you don't have to spend time and money training your bicycle designer how to make the bicycles, and you don't have to spend time and money teaching your bicycle maker how to design bicycles. More importantly, it’s highly unlikely that either one of your workers has the skills and motivation to learn the other person’s specialty, so dividing the labor is an efficient use of each person’s skill set. It Saves Time
There’s an old business adage that “Time is money,” and as the owner of your own company, you know this better than anyone else. When you spend time doing anything other than making your products or developing your services, you're losing money because you can’t sell what you haven’t made or developed. When you implement a smart division of labor strategy, you save valuable time. Returning to the example of the bicycles, what happens if you only have one person to design and make bicycles? You wait for that employee to finish designing one bicycle before beginning to assemble it, and while the employee is making that bicycle, you don’t have anyone to design the next bicycle.