How much time do you spend procrastinating during the workday?
If you’re honest with yourself, it’s probably more than you would like to admit. You can’t possibly miss out on the latest silly cat video on YouTube or the controversial tweet from a B-list celebrity. Factor in the amount of time you spend in meetings – many of which are relatively unproductive – and you’re in trouble.
Business Insider recently published an article referring to an infographic developed by Atlassian, depicting how much time is wasted during the day on tedious powwows. The infographic showed that people generally spend an average of 31 hours a month in meetings. Less than 60 percent of their time is used productively throughout the month, which is likely the last thing that companies want to hear.
So what can be done about this tremendous loss?
Plugging the leak
Acknowledging the problem is always the first step, and this infographic lays it out for wealth management firms, health insurance companies and everyone in between. Now the question is how to gain control of the situation.
First, it’s critical for companies to understand where they’re losing time – and therefore money. For example, marketing teams constantly struggle to manage their time due to tedious tasks such as keeping business collateral up-to-date. What many businesses fail to realize is that there are now enterprise solutions that make this easier for employees. Investing in these tools can dramatically reduce wasted time daily.
Next, it’s important for managers to recognize and respect their colleagues’ time. How many meetings do you really need to have in order to get your point across? Ask yourself this question before you book a slew of engagements with fellow employees.
Finally, Business Insider recommends getting your staff in the mindset of “time is money.” Not only is it a true statement, but this philosophy can motivate employees to think twice before logging onto a social network or viewing a funny video to kill some downtime.