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Information Overload Costing $650 Billion

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Information overload is being called the 2008 "Problem-of-the-Year" by research firm Basex.

Basex.com

Information overload reduces employee efficiency and overall productivity and has been flagged as a key challenge for companies that operate in the knowledge economy. The cost of unnecessary interruptions is estimated to be $650 billion per year in the United States according to

No matter where one is working the chances of completing a task without interruption is small. "Normally we designate a person or product of the year," said David M. Goldes, president and senior analyst at Basex. "2008 is the year we begin to solve the problem of information overload in a substantive way."

Spira recommends to resist the urge to immediately follow up an email with instant messaging or a phone call. He said the subject line should clearly reflect the topic and urgency of an email. He added to use "reply all" only when necessary.

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