This white paper produced by IDC and Susan Feldman et al:“The hidden costs of information work” was published March 2005. Not fresh news ;-), but it still has some interesting findings:
“An organization employing 1,000 knowledge workers loses $5.7 million annually just in the time wasted by employees having to reformat information as they move among applications”.
In the conclusion of the white paper they say:
“If enterprises are leaking money from the costs of information work at such a great rate, then why is so little written about the impact that inefficient information tasks have on an organization?”
They also have some great examples as this one:
“A publishing company implemented a new search engine. It found that better search improved the ability of customers to find the information that they were seeking and therefore decreased the number of calls to customer service by 20–30%”.
Maybe you readers have more examples of hidden costs or the the cost of having no information (no library) or loack of information or even insufficient information in the companies?