The Costs of Poor Minute-Taking

The COSTS of Poor Minute-Taking We recently carried out a study which revealed that workers failing to take minutes properly could be costing UK businesses up to £3.7bn each year. These findings highlight the fac that businesses undervalue the importance of accurate minute-taking. QUANTITY vs. QUALITY Daily 28% Weekly 54% Monthly 18% Of the people we spoke with, 54% stated that they are asked to minute-take on at least a weekly basis. - 90% daimed that they 'regularly' took minutes either poorly or incorredly. I Very Good (2%) Good (9%) Poor (89%) TIME vs. MONEY 32. 280, £3 minutes year The average time spent on correcting a poorly-took minute The average cost of sorting out internal minutes When you consider that 62% of full-time employees in the UK – roughly 21,702,900 people - claim to take notes at work, it's not much of a stretch to see that poor minute-taking could be costing UK employers around 3,725,641,350 / year TOP 5 issues about Minute-Taking 1. Attempting to write down every spoken word and not being able to summarise efficiently: 58% 2. Keeping notes in various different places: 44% 3. Being too wary or intimidated to ask colleagues or co-workers to slow down or repeat something when missed: 32% 4. Not making appropriate headings or sub-headings and therefore forgetting the general topic: 24% 5. Minute-taking in such a rush, the handwriting is indecipherable 16% global lingo Global Lingo - Professional language services Find out more about our minute-taking: www.global-lingo.com/minute-taking-services Fluent Communications