LESS TIME IN MEETINGS = BILLION DOLLAR PRODUCTIVITY IMPROVEMENT FOR CORPORATIONS

According to the results from the 2008 WhiteCollar Productivity Index (WPI), the only study of its kind providing long-term data on how people actually spend their time at work, there is a reduction in the time people are spending in meetings during 2007 as compared to both 2006 and 2005.

Less Time In Meetings = Billion Dollar Productivity Improvement For Corporations
Results Of 2008 Whitecollar Productivity Index (Wpi) Study Indicate

San Diego, May 13, 2008 – According to the results from the 2008 WhiteCollar Productivity Index (WPI), the only study of its kind providing long-term data on how people actually spend their time at work, there is a reduction in the time people are spending in meetings during 2007 as compared to both 2006 and 2005.

According to Bary Sherman, CEO of PEP Productivity Solutions, “The WPI study indicates that America’s office workers are becoming smarter and more effective in their day-to-day routines. They appear to have spent 25% less time in live meetings this year than in our last year’s study which equates to a productivity gain value of more than $29 billion dollars.
The data is as follows:

Wasted time at Meetings per person per week

2007 – 2.2 hours 2006: 3.0 hours

Savings per person (based on a 50 week work year} = 40 hours per worker per year

People perceive that they are wasting less time in live meetings which may be both because of a better use of technology and the broadening of the mobile work environment. Wasting less time in meetings is on most seasoned workers’ “wish list” and it appears to be coming true.

According to Sherman, “our best advise as to how to reduce meeting time is to make all 30 minute meetings 20 minutes and to make all hour meetings 40 minutes. You can’t get to a meeting starting on the hour from a meeting ending at the same time. It’s impossible unless the meetings are in the same room. Additionally, meeting always go for at least the time set for them, if not longer. We are not suggesting that you squeeze more meetings into the hour. We suggest using the gained time to begin action steps from the just finished meeting, to walk to the next meeting, or to check for and respond to messages.”

The core subjects measured by the 2008 WPI study are handling email, handling paper mail, wasted time at meetings, working overtime, delegating responsibility, dealing with interruptions, looking for lost data, managing work backlogs and planning work.

The WPI study generated serious interest from academia and organizations when it was first made public in 2005, presenting annual statistics collected since 1994 from over 3,200 employees (administration, staff, middle management and senior executives) in major U.S. companies representing a variety of sectors, including the manufacturing, automotive, finance, biotech, education, insurance, accounting and technology industries.

To receive a complete copy of the 2007 WhiteCollar Productivity Index study please contact the source below.

PEP Productivity Solutions, Inc. (formerly IBT-USA, Inc.)

PEP, founded in 1984, is a global consulting firm specializing in workplace solutions that improve the productivity and effectiveness of executives, managers, staff and professionals. PEP clients include such prominent organizations as AARP, Capital One, Capital Group, Ernst & Young, HP, NCR, and Toyota.

Source:
Bary Sherman, PEP Productivity Solutions, Inc.
760.731.1400
bary.sherman@PEPww.com

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