Productivity & Knowledge Leak

According to the Workplace Knowledge and Productivity Report, inefficient knowledge sharing leads to an average loss of £36 million in productivity each year for large US businesses. The report, which examines over 1,000 U.S. workers, reveals that 5.3 hours are wasted each week by U.S. knowledge workers either waiting for essential information from colleagues or working to reproduce existing institutional knowledge. These delays culminate in deferred projects, missed opportunities, and a significant impact on profitability.