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Workers are wasting your time. Find out why.

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A fifth of business time is wasted searching for information.

wasting time image

What would you do if you had full time member of staff who only turned up 4 days a week? You’d fire them right? What if I told you that without the right project information management, the equivalent is happening each week!

According to a McKinsey report, employees spend 1 and half hours every day – 7.6 hours per week on average, searching and gathering information.  That’s nearly the same as having 5 workers and only 4 turning up; the fifth is not contributing any business value as they are off searching for answers.

Lack of information results in:

  • Poor decisions based on faulty or wrong information, delivering poor results
  • Duplicated efforts because more than one business unit works on the same project without knowing it has already been done
  • Lost productivity because employees can’t find the information they need and have to resort to asking for help from colleagues

Is social collaboration the answer?

Social collaboration has emerged as a way to connect people to people and people to information so they can be more informed, collaborative and make real-time decisions. It could save time and money, and result in your team working at full capacity.

What forms of social collaboration do you use? Please leave a comment below.

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Author: smartsoftware

Smartsoftware is an international provider of software solutions for the architectural, engineering, construction and professional services industries. Providing everything from project management, financial management, document control and resource planning to time collection and business development, our integrative products offer a total business solution – designed to streamline workforce processes, improve business performance, and maximise resource potential and increase productivity. www.smartsoftware.net Follow us on Twitter @smartsoftware_1

One thought on “Workers are wasting your time. Find out why.

  1. Pingback: Email is great for communication, but not collaboration… | Smartsoftware Blog

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