Wednesday, March 19, 2008

Data Good - Too Much Data Bad

In the constant balancing act between searching for good information without overloading your workers, Inc. magazine finds that an astounding 89% of an average workers' time is spent conducting research, attending meetings and searching for documents. This leaves at most 11% of the work day (probably much less) for using and acting upon information.

Challenge your staff and technology suppliers to find better, more intelligent research tools and technologies that fit your niche so that quicker, better actions can become the norm. Faster computers should enable this process.

Effective judgment and good (which I equate to rapid) decision making will continue to differentiate successful companies from those that flounder. Don't let your workforce get lost in the avalanche of data.

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