SME Trends for 2009, Part I

April 20th, 2009 by Kristie Wells | located in Productivity, SME Trends | trackback

BT Tradespace recently released a survey that revealed a growing trend among small and medium businesses based in the United Kingdom.

• One in ten people (8%) are putting in 100 hours a week or over - the equivalent of 14 hours of work a day.
• Most business owners participating in the survey (21%) work 50-60 hours a week.

Mick Hegarty, head of BT Tradespace, nails it when he said companies such as BT (and I’ll include Ribbit here) need to enable SMEs “to do things quicker, more efficiently and more flexibly”.

I know this trend is not unique to the United Kingdom, and it doesn’t just affect SMEs, but businesses of all sizes. Everyone is expected to do more with less (time), so the key will be to focus on increasing productivity by expanding our use of technology in as many places as we can - both in our professional and personal lives.

If using certain technologies could save you 2.5 hours a week, what would you do with that time?

Disclosure:  BT Tradespace is a division of our parent company, BT.

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