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May 17, 2016

The Cost of Human Error & Achieving Organizational Success

It is a well-known and unfortunate truth that human error is one of the greatest obstacles to achieving organizational success. We see the detriment of human error in the form of money lost and time wasted. To a certain degree, it is inherent in almost every single organization, but savvy companies, both large and small, are utilizing technology to their advantage in the constant fight for excellence.

Human error costs us money on a daily basis. A company with 100,000 employees loses a staggering average of  $62.4 million per year through human error, and each year it costs the UK and the USA combined a total of $37 billion. Case studies and unfortunate episodes appear [...]

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