Entrepreneur – ways to stop your business wasting time
Andy Grove, the former CEO of Intel, once wrote, “Just as you would not permit a fellow employee to steal a piece of office equipment, you shouldn’t let anyone walk away with the time of his fellow managers.” But we all know that such thievery happens often, even if unintentionally. The situation has worsened since Grove ran Intel. My colleagues at Bain recently used innovative analytics tools from VoloMetrix to examine the time budgets of 17 large corporations. We discovered that companies are awash in e-mails, with many executives receiving 200 per day. Some 15% of an organization’s collective time…