According to Richard Paul Wurman:
“We get more mail in a week than our parents got in a month, and more mail in a month than our grandparents got in their lifetime.”
The average time to retrieve and file paper documents is 10 minutes.
An average of 3% of documents are lost or misfiled, and have to be retrieved at a cost of $120.00 per document.
Each piece of paper on your desk will distract you up to 5 times per day.
People spend an average of 22 minutes a day looking for things on or around their desks.
More than 80% of the cost to maintain paper records is in the personnel time required to retrieve and replace documents in the filing system.
The personnel cost to handle a record throughout its life averages over 20 times the original cost of the record itself.
According to Forbes, today’s typical executive wastes 150 hours a year – almost 1 month – searching for lost or misplaced information. For someone earning $50,000 a year that translates to a loss of $3,842.00. What could you do with that much money?
According to Bill Gates, paper consumption has doubled every 4 years and 95% of all information in the United States remains on paper compared to just 1% stored electronically. Paperwork is increasing faster than technology can replace it.