It happens millions of times a day: rushing off to the airport and dashing out of a cab to catch a flight; having a distracting conversation at a restaurant; returning a rental car; checking out of a hotel. Someone inevitably forgets a laptop or has one stolen. Each lost or stolen laptop caries some drastic cost and a recent study conducted by the Ponemon Institute has tried to put an estimate on the full cost associated with a lost or stolen laptop.
Productivity
Cost Cutting and Productivity
The general saying these days is that the economy is in a bad shape, things are tight and it is becoming increasingly difficult to make payroll. For small business owners, this is evident in the rate at which employees are being laid off, or having their hours reduced. The danger in all this is that cost cutting may be taken to such an extreme level that it is bound to affect productivity in the long run. I remember working very hard to convince a friend of mine to be careful about laying off too many good employees. “Why?” he asked, and my response was, what are you going to do if the work starts coming in and you do not have experienced people to get it out the door efficiently and profitably?