Yup, you’re right about your job: Those unproductive meetings, duplicated efforts, and status check-ins really are a waste of time
According to the study, companies with circa 3,000 employees are losing up to $52 million annually in wasted time as a result of unproductive meetings, duplicated efforts, information seeking and status check-ins.
A further $8.2 million was found to be wasted each year in delayed or cancelled projects, while employee churn is said to account for almost half a million dollars over a twelve-month period. Wrike claims the digital era has"created a new level of chaos and misalignment”, which is costing businesses millions in what the company is calling workplace “dark matter.” The knowledge workers surveyed claim to be using an average of 14 apps and pieces of software on a daily basis, nine of which were deployed as a result of the pandemic.
Communication platforms are the key offenders in the study’s findings, with 86% of the business leaders surveyed having adopted new communication and
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