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How Much is Disorganization Costing You?

Have you ever wondered how much disorganization is costing you or your business? All of the time you or employees waste looking for documents, electronic files and other things is lost productivity, which is money down the drain. According to the Wall Street Journal, employees waste at least one hour every day looking for files, papers and things that they know they have but can’t find.

In this short video, Debbie Rosemont provides a simple way to calculate how much that one hour lost per day per employee costs a business each year.

Hidden Costs of Being Disorganized

To accurately understand all of the costs of disorganization, businesses must also consider the lost revenue that results from hidden costs such as poor customer service and potential damage to reputation (things falling through the cracks), missed sales opportunities (lack of follow through), and employee turn-over (increased stress and an impact on wellness, or high achieving employees who leave for a better organized work environment). In addition to the cost in salary dollars, these less tangible costs significantly impact business performance and success when disorganization and poor time management are not addressed.

We’ve seen this quote often on the internet and find it fitting: A CFO asks the company’s CEO, “What happens if we invest in developing our people and then they leave the company?” The CEO answers, “What happens if we don’t, and they stay?”

The return on investment that is realized when an individual or company works with Simply Placed can have a significant, positive impact on employees, customers and the bottom line. Could you or your employees benefit from improving your productivity and organization? Let us know if you would like to learn more about our group training or organizing services.

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