Study: Most managers' info searches are useless

A newly released study from Accenture says most managers' info searches are useless, and that more than half the data they find has no value to them.

Here are a few interesting statistics:

• Only 16% store valuable data in a collaborative workspace like a portal.
  
• Over 42% said they accidentally use the wrong information at least once a week.
  
• 57% said having to go to numerous sources to collect data makes managing it difficult. On average, the managers said they go to three different sources to find certain types of information.

Creating a portal like this one (Sign in as 10DKS10 as both user and password to view it) solves many of these problems and can be accomplished very quickly and cost-effectively.