Konverge

Tuesday, July 15, 2008

How much are you willing to spend?

In late 2007 the research firm Basex carried out market research on the average time per day lost to "distractions" - in other words, to the inability to control collaboration with colleagues (“Information Overload: We Have Met the Enemy and He Is Us”, Jonathan B. Spira, David M. Goldes, March 2007, basex.com)

For the purpose of simplifying this entry here is what they found:

- Typically 2 hours of productivity per day is lost per knowledge worker

- The average cost per hour of a knowledge worker is $21

In other words,

The cost of "lost productivity for a company" would be $21 (Cost per Hour) X 2 (Hours per Day) X 20 (Days a Month) = a whopping $840 per month per knowledge employee.

This bring me back to the title of this entry,

How much are you willing to spend in order to increase productivity by 10%??? 25%??? 50%????

Business Process Improvement is the cheapest & quickest way to a return on investment. Call Konverge to see how we can help.

Cheers,

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