The subject line grabbed my attention-”Information Overload: The Impact on the Organization.” The thought of spending time listening to the webcast was itself pressure. But I was feeling particularly overloaded that day, so I registered for the free event from the nonprofit group calling itself the Information Overload Research Group (IORG; http://iorgforum.org). A key company in the organization is Basex, Inc. (www.basex.com), which describes itself as a “knowledge economy research firm” that serves IT vendors and buyers with an expertise in knowledge worker management and productivity. Here’s the compelling statistic: Basex estimates, based on data it has gathered, that information overload costs the U.S. economy a minimum of $900 billion a year in lost productivity and reduced innovation. That’s a big number.
Source: Information Today
See Also: Easing Government Information Overload
