As every successful organisation understands, too much time spent on non-core activities will limit growth and slow your ROI. This maxim is particularly true when applied to individuals who are crucial to your organisation’s strategic development.
So, what is the cost of having your leadership team spend time on admin? The truth may surprise you …
Example:
Based on our experience, we estimate that leaders spend at least 1 hour per day on administrative tasks (although this has been found to be much higher in some circumstances).
Basing this on 234 working days per year, each leader is spending 234 hours a year on admin rather than on strategic activities. The result? A cost to business of £138,428 per annum. So, in our example looking at 10 business leaders, there is a cost of £13,843 per person.
And what if we look at this cost pattern over a wider team of 100 stakeholders? The annual savings then become particularly significant:
Click here to find out more about how SmartPA can help organisations empower stakeholders by creating more time for strategic working, or contact us to discuss your requirements.
Please note that while all information is derived from a client study, data points have been anonymised and aggregated to facilitate visual representation
SmartPA is a pioneer of remote, outsourced admin and business support, providing individual SmartPAs, multi-skilled cross-functional teams, and full lift and drop admin process outsourcing. Working with more than 5,000 businesses of all sizes world-wide, SmartPA draws on a global talent pool of accredited SmartPAs, with a Centre of Excellence based in the UK, near shore hubs in South Africa and Uganda, and an offshore hub in Malaysia.