Mindjet’s Value Of an Hour Survey Reports Continued

Mindjet’s Value Of an Hour Survey Reports Continued - Dramatic Results

UK knowledge workers come top against France and Germany in meeting effectiveness and worst in information management

London February 26, 2008 - Mindjet’s global productivity survey of 2,000 knowledge workers has identified key areas where information overload impacts performance and has calculated that individuals can increase productivity by at least 3-5 hours per week, depending on their organisational role and the time they spend on business activities.

The survey looks at how

individuals cope with four main business activities; managing information, conducting meetings, managing projects, communicating and collaborating with colleagues and clients. The data and conclusions in the global study, together with the European Mindjet Value of an Hour client pilot programme measures the results and the time savings that can be gained from using Mindjet’s, MindManager software.

Over the last decade, the amount of information that people manage on a daily basis has become overwhelming. We have reached the state of “Information Overload,” a term coined in 1970 by Alvin Toffler in his book Future Shock. Information is produced at rapidly-increasing rates, duplication and transmission of information is getting easier, communication methods are multiplying and archives of historical information are exponentially growing. It’s become increasingly difficult to find relevant content with all the noise.

Conservative estimates by IDC suggest that an organisation with 1,000 employees wastes at least $2.5 million per year by failing to find existing information, searching for outdated information, or recreating information that is outdated and poorly designed. The opportunity costs are even greater, exceeding $15million annually.