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The High Cost of Multitasking

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Information about The High Cost of Multitasking
Business & Mgmt

Published on January 22, 2014

Author: k2m2y21

Source: slideshare.net

Description

There is a war for our attention … and we are losing. Mounting research suggests we are being driven to a state of near-constant distraction by an onslaught of message notifications and the overwhelming temptation to multitask in the always-on, connected world. However, research shows multitasking makes us less effective, increases mistakes and stress, and costs the global economy an estimated $450 billion annually.
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HIGH CO$TOF THE Multitasking is a fact of our modern, connected life. However, research shows it makes us less effective, increases mistakes and stress, and costs the global economy an estimated $450 billion annually.[1] In addition to "unplugging," tools like video conferencing can help people multitask less and focus more during meetings and even one-to-one conversations. The Distraction Economy Temptation is a constant companion… The average person checks their phone 150 times per day. [2] We can’t focus… Average time spent on a task before interruption*[3]... What was I working on? 25 It takes more than 25 MINUTES, on average, to resume a task after being interrupted.[3] Negative Impacts MULTITASKERS Take experience a % And make up to 50 to 40 DROP longer in productivity % accomplish across the board A SINGLE TASK HEAVY MULTITASKING -15 50% MORE ERRORS [4] 3X MORE THAN the effect of smoking can temporarily LOWER IQ CANNABIS [5] UP TO 15 POINTS Multitasking in Meetings 25 MILLION MEETINGS take place daily in America.[6] IN OUR SURVEY, AMONG INFORMATION WORKERS 92% 41% admitted they multitask during meetings admitted to doing it often or all the time[7] PEOPLE ARE MOST LIKELY TO MULTITASK DURING... [7] PHONE CONFERENCE CALLS 57% WEB CONFERENCE CALLS 23% IN-PERSON MEETINGS 16% VIDEO CONFERENCES 4% PEOPLE ARE LEAST LIKELY TO MULTITASK DURING VIDEO CONFERENCES TOP VIDEO CONFERENCING BENEFITS: Increased effectiveness/ productivity Increased impact of discussions Expedited decisionmaking [8] SOURCES: [1] The Effects of Multitasking on Organizations (Realization, 2013) [2] T-Mobile (2012) [3] Dr. Gloria Mark (Research, 2013) *Information professionals [4] Brain Rules, by John Medina (2008) [5] Infomania, by Dr. Glenn Wilson (University of London, 2005) [6] Meetings: Time Wasted or Well Spent? (Ayers Report, 2013) [7] Meeting Behavior Survey (SurveyMonkey, 2013) [8] The New Business Case for Video Conferencing (Wainhouse Research, 2013) www.fuzebox.com

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