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Thursday, 4th January 2007

Managers Say the Majority of Information Obtained for Their Work Is Useless, Accenture Survey Finds

Managers Say the Majority of Information Obtained for Their Work Is Useless, Accenture Survey Finds

Among the key findings: Managers spend up to two hours a day searching for information, and more than 50 percent of the information they obtain has no value to them. In addition, only half of all managers believe their companies do a good job in governing information distribution or have established adequate processes to determine what data each part of an organization needs.

Nearly three out of five respondents (59 percent) said that as a consequence of poor information distribution, they miss information that might be valuable to their jobs almost every day because it exists somewhere else in the company and they just can’t find it. In addition, 42 percent of respondents said they accidentally use the wrong information at least once a week, and 53 percent said that less than half of the information they receive is valuable.

In addition, 45 percent of respondents said gathering information about what other parts of their company are doing is a big challenge, whereas only 31 percent said that competitor information is hard to get.

Source: Accenture

UPDATE: Managers say the majority of information obtained for their work is useless (via ACCESS)


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