Have you ever considered how much poor information management is costing your business?
In your business, do these scenarios sound familiar?
The problems are not only frustrating for your staff, which is obviously something best avoided if you want them to remain motivated, but they also waste a lot of time, and therefore money, through loss of productivity.
So just how much is this costing you?
There are plenty of studies conducted in recent years by Gartner, IDC and similar organizations to measure the amount of time knowledge workers spend looking for information – not working with it and making decisions based upon it, but simply trying to find it. The lowest figure that we can find is 2 hours per week, although most studies show it is more than 1 hour per day.
According to the Australian Bureau of Statistics, in Australia the average annual salary is over $82,000 in 2017, excluding superannuation and other costs. Based on that figure, below is a conservative calculation of the cost to business of information being hard to find.
There are many ways in which Office 365 can help you gain much tighter control and visibility of your company data and enable your employees to be more productive and less frustrated. Talk to us if you would like to hear more about how this might work for your business.