According to studies conducted by various companies and consulting firms, there are a few common “time drains” in business operations that often go unnoticed. The majority of these time-wasting habits concern meetings and emails. Some clues that suggest inefficiency include copying too many people into emails, overusing the “reply all” option and inviting more than two levels of management at meetings. There are a variety of ways to combat these bad habits, such as the use of project-management applications that reduce the need for emails and/or meetings as well as employee training sessions.

See Sue Shellenbarger, “Stop Wasting Everyone’s Time“, The Wall Street Journal.

Posted by Elizabeth Cheung, Associate Editor, Wealth Strategies Journal.