This article breaks down how nonprofit organizations can mitigate the significant cost of wasted time by prioritizing and investing in efficient operations. It explains that wasted employee time spent searching for information represents a major financial loss that also hurts staff morale and retention. Investing in the right technology tools can streamline workflows and free up valuable time and resources to focus entirely on serving constituents and growing programs.
As a nonprofit, you know that every dollar counts, but have you considered the cost of wasted time? According to a 2012 report from McKinsey & Company, the average employee spends 20% of their workweek looking for information. That’s valuable time that could be spent serving your constituents.
Think about it: if an employee earning $50,000 per year spends just 10% of their time searching for documents and records, you’re losing $5,000 of productive value. Now multiply that by all your staff! The higher the salary, the more significant the loss.
But it’s not just about the financial cost. Every minute spent on meaningless tasks is a minute that could be spent making a difference in someone’s life, planning for the future, and growing your programs. And when your staff feel overwhelmed and frustrated, morale and retention suffer. That’s why it’s crucial to invest in the right tools to streamline your workflow and maximize productivity.
At Undaunted, LLC, we believe that technology should be a force for good, so that’s why we offer a low-cost tech systems assessment to help nonprofits like yours identify inefficiencies and optimize their operations. Our solutions are tailored to your unique needs and budget, so you can focus on what really matters: serving your constituents.
Book a free discovery call with us today and take the first step towards a more efficient and effective nonprofit. With our expertise and guidance, you can free up valuable time and resources to focus on what really matters: improving the lives of those you serve. Let’s work together to create a brighter future for your organization and the communities you impact.
If you enjoyed this article, we think you’ll also like Three Reasons Your Nonprofit Needs A CRM!
David J. Dunn
David is the founder of Undaunted Consulting. He specializes in data management system optimization and rapid app development for social service, social justice, and environmental justice nonprofits. Click here to learn more about David’s background and expertise!
