Our society is collectively obsessed with morning routines. What is just as important, but often neglected, is how we manage what happens in the middle of the day.
Read more at Time Magazine
Archives for August 2015
How to EASILY Save $455,000.00
During a session this week with a CEO that I coach & mentor we were talking about how much time is wasted with unproductive meetings and with employees sending too many emails & cc’ing too many people. All EASY fixes.
I ran him through some basic math:
Assume you have 50 employees.
If you could save 1 hour a day for every employee – the savings & productivity gains are staggering.
Here is how you make it happen:
- Keep reminding staff to ONLY cc someone if it’s critical
- Get rid of Group Distribution lists
- Only invite people you really want attending to meetings
- Create a culture that not being invited to a meeting is actually good – it means you have other critical stuff to do.
- Book meetings for 50% of the time you first think about booking them for
That’s it. Simple.
Here is the math – if you save everyone 1 hour a day.
- 50 Employees x 1 Hr Saved = 50 Hours Saved per Day
- 50 Hrs Saved x 52 Weeks x 5 Days Per Week = 13,000 Hours
- 13,000 Saved Hours x Average Hourly Wage of $35/ Hr (which is a $70,000 average yearly salary) = $455,000 Saved
Seriously. Save everyone 1 Hour a Day – and you’ll save $455,000 without blinking an eye. Save them 2 Hrs each – and it’s almost a Million Dollars a year.
This is actually the stuff we talk about monthly on our Group Coaching Calls – join us…
