{"id":7209,"date":"2015-09-02T12:55:35","date_gmt":"2015-09-02T17:55:35","guid":{"rendered":"https:\/\/blog.planview.com\/?p=7209"},"modified":"2019-11-22T12:56:37","modified_gmt":"2019-11-22T18:56:37","slug":"the-powering-productivity-report-why-efficiency-and-technological-investment-go-hand-in-hand","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/the-powering-productivity-report-why-efficiency-and-technological-investment-go-hand-in-hand\/","title":{"rendered":"The Powering Productivity Report: Why Efficiency and Technological Investment Go Hand in Hand"},"content":{"rendered":"<p>We all waste time at work, intentionally or not. But what is waste, and what actually increases the bottom line? We asked 515 business leaders and senior decision-makers in seven countries what their biggest culprits are &#8211; and found that it is not the friendly chat with a co-worker over a cup of coffee. It is a matter of\u00a0management and technology.<\/p>\n<p><a href=https:\/\/www.planview.com\/products-solutions\/products\/projectplace\/>Our Powering Productivity research<\/a> found that inefficient processes that sap time and energy away from employees is the most common cause of wasted time, whether it is through teams doubling up on efforts, general miscommunication, or just sub-optimized methods of working. Not only does it harm productivity, but these wasted efforts can often have a demoralizing effect on employees as well.<img loading=\"lazy\" decoding=\"async\" class=\" size-medium wp-image-5396 alignright\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/08\/time-300x292.png\" alt=\"time-is-money-efficiency\" width=\"300\" height=\"292\" \/><\/p>\n<p>In the workplace \u2013 where time is money \u2013 it is essential that companies streamline productivity.<\/p>\n<p>This is easier said than done, of course. You would be hard pressed to find a company that\u2019s convinced that it will reach its efficiency targets.<\/p>\n<p>Productivity tools can help to boost confidence in this regard. Technology is key to getting the most out of organizational performance and it can be expected to play an increasing part in company productivity initiatives. Efficiency is something that goes hand in hand with technological investment.<\/p>\n<p>As part of their investment in productivity tools, companies will want to know they\u2019re getting a good ROI, return on investment. But because efficiency and productivity are specific to each individual company, ROI can be hard to define. Naturally, the ROI of productivity technologies can also be a challenge to define.<\/p>\n<p>Leaders in organizations should work to define what efficiency looks like to them individually. If they don\u2019t, then their hunt for ROI\u00a0will be another unproductive process that leads to more wasted time!<\/p>\n<p>&nbsp;<\/p>\n<div class=\"content-push\">\n<p class=\"p1\"><a href=https:\/\/www.planview.com\/products-solutions\/products\/projectplace\/><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-3940\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2014\/10\/whitepaper-icon.png\" alt=\"whitepaper-icon\" width=\"81\" height=\"126\" \/><\/a><\/p>\n<p class=\"p1\">Looking to define the ROI of productivity tools?<\/p>\n<p class=\"p1\"><a title=\"Always-on world\" href=https:\/\/www.planview.com\/products-solutions\/products\/projectplace\/> Download the full whitepaper here<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We all waste time at work, intentionally or not. But what is waste, and what actually increases the bottom line? We asked 515 business leaders and senior decision-makers in seven countries what their biggest culprits are &#8211; and found that it is not the friendly chat with a co-worker over a cup of coffee. It&#8230;<\/p>\n","protected":false},"author":47,"featured_media":7210,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[38],"tags":[],"class_list":["post-7209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-work-collaboration"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Efficiency and Technological Investment Go Hand in Hand - Blog | Planview<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/the-powering-productivity-report-why-efficiency-and-technological-investment-go-hand-in-hand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Powering Productivity Report: Why Efficiency and Technological Investment Go Hand in Hand\" \/>\n<meta property=\"og:description\" content=\"We all waste time at work, intentionally or not. 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