Article: How Come So Many Companies Are Inefficient?

After reading about the organizations in the EU losing a lot of money due to inefficient working practices we have to ask if this is a trend that is possible to turn around. ?60 billion in revenues is lost in the EU with UK being the biggest loser of ?26 billion. It is reported that a lot of organizations feel that there is a necessity to improve efficiency with better use of IT. Companies interviewed in this study were large companies with more than 1000 employees locally.So, how come the companies believe they are inefficient and how can they become more efficient?Often inefficiency is a

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