The Cost of Lost Productivity, Poor Time Management, Inability to Prioritize, and Procrastination
The average office employee spends 1.5 hours a day (6 weeks per year) looking for things.
The typical manager wastes 150 hours a year (almost an entire month), searching for lost information. For someone earning $50,000 a year, this loss is equivalent to $3,842 annually. Forbes ASAP
80 % of the papers we file, we never refer to again. The Small Business Administration
The use of office paper has tripled since the birth of the computer. Organized World
Typical US workers are interrupted by communications technology every 2 minutes.
The average executive wastes six weeks annually searching for important documents lost in among the clutter. Wall Street Journal
Executives commonly pick up a single piece of paper from their desk 30-40 times before acting on it. Michael F. Woolery, Seize the Day
US employees waste more than two hours a week finding, sharing and storing documents. com
A full four-drawer file cabinet holds 18,000 pages. NAPO
It costs about $25,000 to fill a four drawer filing cabinet and over $2,100 per year to maintain it. Gartner Group, Coopers & Lybrand, Ernst & Young
Time spent mishandling paperwork detracts from a company’s ability to service customers, increase sales, and improve the bottom line. Small Business Administration
Corporations don’t understand the value of efficient document management or the cost of bad document management. Thornton May, author of Imaging World
The average office spends $20 in labor to file each document, $120 in labor searching for each misfiled document, loses one out of every 20 documents and spends 25 hours recreating each lost document. PricewaterhouseCoopers
65% of those surveyed, describe themselves as “very” or “insanely” busy. Day Runner
Perfectionism costs 50% or more of the total effort required, to squeeze out the last 10% or so of quality. Jeff Olson, The Agile Manager’s Guide to Getting Organized
Using the correct organizational tools can improve time management by 38%. Mobile Technology Product
Multi-tasking decreases productivity by 20-40% more than those who focus on one project at a time. The time lost switching among tasks increases the complexity of the those tasks.University of Michigan
Sales reps surveyed were most productive when they assigned themselves only three tasks per day and had a great sense of accomplishment when they completed those tasks. Accountemps
Office workers waste an average of 40% of their workday, not because they aren’t smart, but because they were never taught organizing skills to cope with the increasing workloads and demands. Wall Street Journal Report
43% of the Americans surveyed described themselves as disorganized and 21% have missed crucial work deadlines. Nearly half say disorganization causes them to work late at least two to three times a week. David Lewis’s survey of 2,544 office workers in United States and Europe for Esselte Corporation
27 % of workers polled said they feel disorganized at work and of those, 91 % said they would be more effective and efficient if their workspace was better organized. 28 % said they would save over an hour per day and 27 % said they would save 31 to 60 minutes each day. NAPO
An enterprise employing 1,000 knowledge workers wastes $48,000 per week, or nearly $2.5M per year, due to an inability to locate and retrieve information. NAPO
96% of office workers are frustrated by their company’s information management. Harte-Hanks
Employees spend roughly 25% to 35% of their time looking for the information they need to do their jobs. Document Magazine
