Information, the very thing that makes it possible to be an engineer, a doctor, a lawyer, or any other kind of modern information worker, is threatening our ability to do our work. How’s that for irony? The global economy may run on countless streams, waves, and pools of information, but unrestrained, that tidal wave of data is drowning us. It washes away our productivity and creativity, swamps our social lives, and can even shipwreck our relationships.
Book: Thinking for a Living: How to Get Better Performances And Results from Knowledge Workers
The subject line grabbed my attention-“Information Overload: The Impact on the Organization.”
The thought of spending time listening to the webcast was itself pressure. But I was feeling particularly overloaded that day, so I registered for the free event from the nonprofit group calling itself the Information Overload Research Group (IORG; https://iorgforum.org). A key company in the organization is Basex, Inc. (www.basex.com), which describes itself as a “knowledge economy research firm” that serves IT vendors and buyers with an expertise in knowledge worker management and productivity. Here’s the compelling statistic: Basex estimates, based on data it has gathered, that information overload costs the U.S. economy a minimum of $900 billion a year in lost productivity and reduced innovation. That’s a big number.
Ever feel like you need a break from work just to get your work done? You’re not alone. Information workers, who comprise about 63% of the U.S. work force, are each bombarded with 1.6 gigabytes of information on average every day through emails, reports, blogs, text messages, calls and more, according to preliminary data from a report coming later this year, an update of the 2003 “How Much Information?” report.
Managing the Knowledge Workforce: Understanding the Information Revolution That´s Changing the Business World
Comprehensive book that covers the significant changes the business world is facing. The knowledge workforce today is the lynchpin to an organization’s success, as the world morphs into a knowledge economy. This change represents a significant challenge to managers, who are accustomed to managing workers in more traditional roles. (more…)