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The Future of HR: Slaying Your Company’s Org Debt Monster
At Work with The Ready
Common Sources of Org Debt: Zombie Meetings, Inefficient Reporting, Copying/Pasting Data
Zombie meetings waste organizational resources by continuing long after their original purpose has been fulfilled, indicating a need for regular reassessment of meeting relevance. Inefficient reporting is highlighted through a case where a finance professional dedicated four days a month to an unutilized report, demonstrating the importance of validating the necessity and readership of reports before committing time and effort to them. Senior leaders may inadvertently contribute to organizational debt by requesting specific data presentations without understanding the labor involved, which can lead to unnecessary reporting processes that do not generate adequate value. Additionally, the presence of non-integrated systems causes duplicate reporting and data entry, resulting in inefficiencies. If significant time is spent on copying and pasting data, it may indicate an opportunity for automation or better integration of systems, addressing underlying organizational debt.
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