In today’s climate, it is not about drafting in more resources to get more done; the challenge is to get more out of the resources you already have.

So how do you do this?

By using a collaborative environment such as an Enterprise Social Network you can improve productivity and hence profit. Below I have assembled a collection of startling statistics relating to issues that can often be addressed by using an Enterprise Social Network.

1.     Companies that have highly effective internal communications had 47% higher returns to shareholders over the last five years, compared to companies with the least effective internal communications. (Towers Watson)

2.    $26,041 (£17,220) is the cumulative cost per worker per year due to productivity losses resulting from communications barriers. (SIS Research)

3.

(Telligent)

4.     $37 billion (£24.4 billion) is the total estimated cost of employee misunderstanding among…